Recent trends in U.S. and German banking: convergence or divergence?
The purpose of this study is to focus on two leading industrialized nations - the U.S. and Germany - analyze the differences in the recent trends in their respective banking sectors and see if indeed the banking industries in these two leading economies are gravitating towards a homogeneous global banking structure or, even after the current changes, have entered the 21st century with continuing differences. We find a convergent model of universal banking with voluntary separation, by subsidiary, of commercial and investment banking.
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- Wolf, Birgit, 2000. "Die Eigenmittelkonzeption des § 10 KWG," Frankfurt School - Working Paper Series 20, Frankfurt School of Finance and Management.
- Cremers, Heinz & Schwarz, Willi, 1996. "Interpolation of discount factors," Frankfurt School - Working Paper Series 2, Frankfurt School of Finance and Management.
- Jochum, Eduard, 1999. "Hoshin Kanri: management by policy (MbP)," Frankfurt School - Working Paper Series 14, Frankfurt School of Finance and Management.
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