Geography, ownership and uneven trends in the economic performance of small banking centres in Europe during the financial crisis

2020 ◽  
Vol 27 (4) ◽  
pp. 359-378
Author(s):  
Jiří Blažek ◽  
Tereza Hejnová
Keyword(s):  
Economic Performance ◽  
Western Europe ◽  
Banking Sector ◽  
Evolutionary Dynamics ◽  
Current Phase ◽  
Southern Europe ◽  
Research Attention ◽  
Considerable Research ◽  
European Banking ◽  
The City

The current phase of intensive globalisation, digitisation, the expansion of fintech companies and the overall impacts of the recent crisis seem to spur further concentration in the banking sector in terms of both the number of banks in operation and the number of banking centres. This research is motivated by the fact that, in contrast to leading financial and banking centres that attract considerable research attention, small banking centres have remained under-researched, despite their large number and the important role they play in their host communities and regions. This paper deals with the recent evolutionary dynamics of 199 small European banking centres and is based on an analysis of the economic performance of individual banks aggregated at the city level where they have their headquarters. The analysed indicators cover size, profitability and the level of risk of particular banks over the 2004–2015 period. In addition, the data were analysed for three basic European macro-regions (western Europe, southern Europe and central and eastern Europe) and in terms of the ownership of the banks headquartered in particular centres (foreign versus domestic). Our investigation shows that, even though a significant decline has been observed in the number of these centres, the financial performance of banks headquartered in small financial centres differs widely, depending significantly upon the European macro-region (a decisive number of defunct banking centres was concentrated in southern Europe) and the ownership structure.

scholarly journals KEY TRENDS IN EUROPEAN RETAIL BANKING AND PROSPECTS FOR THEIR DEVELOPMENT IN UKRAINE

2019 ◽  
pp. 140-153
Author(s):  
Serhiy KYRYLENKO
Keyword(s):  
Financial Services ◽  
Western Europe ◽  
Banking Sector ◽  
Retail Banking ◽  
New Information ◽  
Banking Business ◽  
European Banking ◽  
Marketing Tool ◽  
Domestic Banks ◽  
Further Development

The modern banking sector of Ukraine is subject to technological influences from the financial services market of Western Europe. The article identifies key strategic directions for banking business development in the conditions of rapid technological change and transformation of the financial service consumption model. The study aims to identify the modern tendencies in banking and the prospects for implementing separate models and instruments in view of the realities of the domestic retail banking practice. The study reveals the main principles of building customer-oriented strategies in European banking. The author studies practical aspects of using new information technology as a marketing tool in the context of sales growth in the retail banking sector. In having performed the analysis of the world experience and its impact on the marketing models of domestic banks, the author identifies and suggests main directions for further development of the domestic banks that are focused on providing services to private individuals and population in general.

scholarly journals The impacts of the global economic crisis and its aftermath on the banking centres of Europe

2018 ◽  
Vol 27 (1) ◽  
pp. 35-49 ◽  
Author(s):  
Jiří Blažek ◽  
Tereza Hejnová ◽  
Hynek Rada
Keyword(s):  
Eastern Europe ◽  
Economic Crisis ◽  
Western Europe ◽  
Central And Eastern Europe ◽  
Banking Sector ◽  
The Other ◽  
National Market ◽  
Global Economic Crisis ◽  
European Banking ◽  
High Level

This paper aims to unravel the impacts of the global economic crisis upon European banking centres on the basis of the evolution of key economic indicators, such as total assets, profitability and the level of risk to the banking sector over the 2004–2015 period. Counterintuitively, the European leading banking centres (London, Paris and Frankfurt), despite their extensive exposure to capital markets, displayed a high level of resilience, which contrasts with the evolution of the other major Western European centres, which clearly lagged behind the European leaders. From a macro-regional perspective, banking centres in Western Europe exhibited the first signals of both the crisis and the recovery, which were subsequently diffused across Europe. Surprisingly, the profitability of low-ranking banking centres in Central and Eastern Europe remained the highest over the whole 2004–2015 period, as these banks operate predominantly within a regional (national) market. Overall, during the 2004–2015 period, London, Paris and Frankfurt clearly strengthened their dominance among European banking centres.

Extreme Dependencies in the European Banking Sector

2017 ◽  
Author(s):  
Konstantinos Gkillas ◽  
Christoforos Konstantatos ◽  
François Longin ◽  
Athanasios Tsagkanos
Keyword(s):  
Banking Sector ◽  
European Banking

Same Story, Different Place?

2018 ◽  
Author(s):  
Viral V. Acharya ◽  
Tim Eisert ◽  
Christian Eufinger ◽  
Christian Hirsch
Keyword(s):  
Banking Sector ◽  
Debt Crisis ◽  
Banking System ◽  
Policy Implications ◽  
Balance Sheets ◽  
System P ◽  
Loan Supply ◽  
European Banking ◽  
European Debt Crisis

This chapter compares the recapitalizations of the Japanese banking sector in the 1990s with those in the ongoing European debt crisis. The analysis points to four main policy implications. First, recapitalizing banks by insuring or purchasing troubled assets alone is not likely to solve the problem of banks’ weak capitalization, as this measure is not able to adjust the extent of the recapitalization to the banks’ specific needs. Second, the amount of the recapitalization should be based on actual capital shortages and not risk-weighted assets to avoid banks decreasing their loan supply. Third, banks should face restrictions regarding the amount of dividends they are allowed to pay out. Finally, banks must be induced to clean up their balance sheets and reduce the amount of bad (non-performing) loans to rebuild confidence in the European banking system.

Kicking the Can Down the Road: Government Interventions in the European Banking Sector

2020 ◽  
Author(s):  
Viral V. Acharya ◽  
Lea Borchert ◽  
Maximilian Jager ◽  
Sascha Steffen
Keyword(s):  
Banking Sector ◽  
Government Interventions ◽  
The Road ◽  
European Banking

scholarly journals Campylobacteriosis in returning travellers and potential secondary transmission of exotic strains

2013 ◽  
Vol 142 (6) ◽  
pp. 1277-1288 ◽  
Author(s):  
L. MUGHINI-GRAS ◽  
J. H. SMID ◽  
J. A. WAGENAAR ◽  
A. DE BOER ◽  
A. H. HAVELAAR ◽  
...  
Keyword(s):  
Risk Factors ◽  
Campylobacter Jejuni ◽  
Western Europe ◽  
Southern Europe ◽  
Factors Associated ◽  
Chronic Enteropathies ◽  
Returning Travellers ◽  
The Caribbean ◽  
Sequence Types ◽  
Undercooked Pork

SUMMARYMultilocus sequence types (STs) were determined for 232 and 737Campylobacter jejuni/coliisolates from Dutch travellers and domestically acquired cases, respectively. Putative risk factors for travel-related campylobacteriosis, and for domestically acquired campylobacteriosis caused by exotic STs (putatively carried by returning travellers), were investigated. Travelling to Asia, Africa, Latin America and the Caribbean, and Southern Europe significantly increased the risk of acquiring campylobacteriosis compared to travelling within Western Europe. Besides eating chicken, using antacids, and having chronic enteropathies, we identified eating vegetable salad outside Europe, drinking bottled water in high-risk destinations, and handling/eating undercooked pork as possible risk factors for travel-related campylobacteriosis. Factors associated with domestically acquired campylobacteriosis caused by exotic STs involved predominantly person-to-person contacts around popular holiday periods. We concluded that putative determinants of travel-related campylobacteriosis differ from those of domestically acquired infections and that returning travellers may carry several exotic strains that might subsequently spread to domestic populations even through limited person-to-person transmission.

scholarly journals Incentive Plans, Pay-for-non-financial Performance and ESG Criteria: Evidence from the European Banking Sector

2017 ◽  
Vol 10 (10) ◽  
pp. 169 ◽  
Author(s):  
Elisabetta D‘Apolito ◽  
Antonia P. Iannuzzi
Keyword(s):  
Best Practices ◽  
Banking Sector ◽  
Social Value ◽  
Performance Rating ◽  
Performance Parameters ◽  
Balance Scorecard ◽  
Measurement Tools ◽  
European Banking ◽  
Investigation Period ◽  
Incentive Plans

The new regulations of banking compensation following the sub-prime crisis require that incentive plans must be linked not only to performance parameters, but also to non-financial or qualitative metrics related to social value produced by banks. This paper aims to analyze this issue by developing a qualitative rating (ESG-remuneration performance rating) to be used not only to investigate the spread and the diversification of such qualitative indicators, but also to analyze the best practices by banks. At a methodological level, the content analysis approach is adopted. The sample covers all of the “European globally systemically important institutions” (G-SIIs), while the investigation period regards the three-years 2014-2016. The main results are encouraging as they show a good diffusion of qualitative metrics by bank incentive plans; however, the intensive use, synthesized by the “ESG-remuneration performance rating”, is still inadequate. Moreover, the analysis reveal other criticalities linked to the implementation of the balance scorecard and the use of measurement tools in order to quantify the qualitative metrics correctly. (Note 1).

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