A comparative analysis of the US and EU retail banking markets - Wsbi

More documents

Recommendations

Info

Table R: Number of ATMS in the EU and the US, 1997 - 2003 1997 1998 1999 2000 2001 2002 2003 % change (1997-2003) Belgium 5,004 5,757 6,199 6,732 6,873 7,061 7,067 41% Denmark 2,387 2,549 2,641 2,701 2,763 2,822 2,873 20% Germany 41,397 45,615 46,200 47,650 49,620 50,487 51,129 24% Greece 2,190 2,168 3,054 3,472 4,377 5,078 5,468 150% Spain 33,940 37,893 41,871 44,851 46,990 49,876 51,978 53% France 27,077 29,407 32,445 35,162 36,912 38,975 41,988 55% Ireland 1,051 1,229 1,225 1,302 1,335 1,412 1,914 82% Italy 25,546 28,042 30,203 31,720 36,621 39,648 39,017 53% Luxembourg 233 284 310 325 355 375 387 66% Netherlands 6,397 6,568 6,673 6,921 7,142 7,530 7,556 18% Austria 4,302 4,776 5,338 5,913 6,622 7,028 7,499 74% Portugal 6,280 7,081 8,506 9,701 10,524 11,117 11,985 91% Finland 2,285 2,208 2,181 2,134 2,132 2,110 2,001 -12% Sweden 2,370 2,485 2,580 2,617 2,567 2,647 2,676 13% United Kingdom 23,193 24,574 27,379 33,000 36,666 40,825 46,461 100% EU 183,652 200,636 216,805 234,201 251,499 266,991 279,999 52% US 165,000 187,000 227,000 273,000 324,000 352,000 371,000 125% Source: ECB (Blue book) for the EU and Insurance Information Institute (ATM & Debit News) for the US. 158
Annex 3: Bibliography A - American Bankers Association and the Conference of State Bank Supervisors “The benefits of charter choice – the dual banking system as a case study”, June 24, 2005 - America’s Community Bankers (ACB), Policy Positions, 2005 - Avery R.B.and Samolyk K. “Bank Consolidation and the Provision of Banking Services: The Case of Small Commercial Loans”, Working Paper 2000-01, Federal Deposit Insurance Corporation - Ayadi R. and Pujals G. “Banking Consolidation in the EU: Overviews and Prospects”, May 2004 B - Banco de España “Boletín Estadístico” - Bassett, William F. and Thomas F. Brady, “The Economic Performance of Small Banks, 1985-2000”, November 2001, Federal Reserve Bulletin - Berger A. and Udell “Small Business Credit Availability and Relationship Lending: The Importance of Bank Organisational Structure”, 2002, Economic Journal - Berger A., Goldberg L. G. and White L. J., “The Effects of Dynamic Changes in Bank Competition on the Supply of Small Business Credit”, 2001, European Finance Review C - Carnevali F. (Dr) “Europe's Advantage: Banks and Small Firms in Europe and Britain” - CEPS Research Report in Finance and Banking, No 34 - CESR and the European Central Bank Report “Standards for Securities Clearing and Settlement in the European Union”, September 2004 (CESR/04-561) - CESR “Recommendations for the consistent implementation of the European Commission’s Regulation on Prospectuses nº 809/2004”, February 2005 - Colantuoni J.A. “Mutual to stock conversions, problems with the pricing of IPOs”, FDIC Banking Review - CSFI Study “Europe’s new banks – The “non-bank” phenomenon”, June 2000 D - DeYoung R. and Duffy D., “The challenges facing community banks: in their own words”, 4Q 2002 - De Young R., Hunter W. and Udell G. “The Past, Present, and Probable Future for Community Banks”, 2004 - Deutsche Bank Research, “Transatlantic financial market integration: Ambition needed”, 29 November 2005 E - The Economist “Trust me, I’m a banker: survey on international banking”, 15th April 2004 - EIB Papers “SME Finance in Europe: introduction and overview”, 2003, volume 8 n°2 - European Central Bank (ECB) “Role of Central Banks in Prudential Supervision”, March 2001 - European Central Bank (ECB) “Banking Integration in the Euro Area”, December 2002 - European Central Bank (ECB) “EU Banking Sector Stability”, February 2003 - European Central Bank (ECB) Occasional Paper Series Nr.20, August 2004 - European Central Bank (ECB) “Report on EU banking structure”, November 2004 - European Central Bank (ECB) “Blue Book Addendum incorporating 2003 figures”, August 2005 - European Commission Staff Working Document “Cross-border consolidation in the EU financial sector”, September 2005 - European Commission “Final report of the Committee of wise men on the regulation of European securities markets”, 15 February 2001, Brussels - European Commission Staff Working Paper “Enterprises’ access to finance”, October 2001 - European Commission consultation document “Mutual societies in an enlarged Europe”, 3.10.2003 - European Commission “Microcredit for small businesses and business creation: bridging a market gap”, December 2003 - European Commission, Forum Group on Mortgage Credit Report, “The integration of the EU mortgage credit markets”, 2004 - European Credit Research Institute “Briefing on consumer credit, indebtedness and over indebtedness in the EU”, April 2003 - European Financial Roundtable “EFR recommendations on regulation and supervision”, 28 Oct 2003 - European Financial Roundtable “EFR report 'Towards a lead supervisor for cross border financial institutions in the EU'”, 15 Jun 2004 - European Financial Roundtable “Third EFR report on lead supervisor concept”, 29 Jun 2005 - European Mortgage Federation, “Hypostat 2003: European Housing Finance Review”, September 2004 - European Savings Banks Group “Perspectives 44: The Future Organisation of Financial Regulation and Supervision in the European Union - Position of the European Savings Banks Group”, August 2002 - European Savings Banks Group study “The Future of European Retail Banking Markets”, June 2003 - European Savings Banks Group “Perspectives 48: The Legal Environment of the Savings Banks in Europe”, June 2005 159
Page 1:
September 2006 RESEARCH A COMPARATI
Page 4 and 5:
IE UK FR BE NL LU DK DE SE CZ AT SL
Page 6 and 7:
The following WSBI/ESBG committees
Page 8 and 9:
4 Regulation and supervision compar
Page 10 and 11:
6.5 Issues of competition in retail
Page 12 and 13:
To finish, if we had to pick from a
Page 14 and 15:
In the US, credit institutions have
Page 16 and 17:
Following the same logic, the EU co
Page 18 and 19:
In that context, it is tempting to
Page 21 and 22:
3. INSTITUTIONAL COMPARISON 3.1 Sec
Page 23 and 24:
The market share of the US banking
Page 25 and 26:
FDIC-insured commercial banks are i
Page 27 and 28:
The subsidiary stock institution is
Page 29 and 30:
Regulatory reform over the past thi
Page 31 and 32:
State credit unions were first exem
Page 33 and 34:
There has however been much effort
Page 35 and 36:
3.2.2.2.2.2 Ownership and corporate
Page 37 and 38:
Hermann Schulze-Delitzsch and Fried
Page 39 and 40:
In contrast, building societies in
Page 41 and 42:
The commitment of savings banks is
Page 43 and 44:
4. REGULATION AND SUPERVISION COMPA
Page 45 and 46:
In addition, for regulations define
Page 47 and 48:
The European Parliament has to be k
Page 49 and 50:
In fact, it should be mentioned her
Page 51 and 52:
As far as coordination at the feder
Page 53 and 54:
Despite the trend towards the estab
Page 55 and 56:
Another important factor in the cho
Page 57 and 58:
In the European Union, contrary to
Page 59 and 60:
Although younger than CESR, both CE
Page 61 and 62:
4.2.5.1.1.1.1 Limitation of the geo
Page 63 and 64:
4.2.5.1.1.3 Recent trend: regulatio
Page 65 and 66:
Another important common feature be
Page 67 and 68:
The best execution rule was first m
Page 69 and 70:
4.3.2.2.4 National Market System ru
Page 71 and 72:
The ISD set a basis for the develop
Page 73:
Best execution rules exist in both
Page 76 and 77:
The decline of savings institutions
Page 78 and 79:
Relative to population, the Europea
Page 80 and 81:
5.2.2 Size of credit institutions 5
Page 82 and 83:
5.2.2.2 European Union In Europe, t
Page 84 and 85:
5.2.3 Concentration and consolidati
Page 86 and 87:
5.2.3.2 European Union Average CR5
Page 88 and 89:
In terms of the nature of consolida
Page 90 and 91:
100% Graph 9: Structure of the asse
Page 92 and 93:
In terms of growth of the volume of
Page 94 and 95:
5.3.2 Efficiency of credit institut
Page 96 and 97:
Table 16: Evolution of the Return o
Page 98 and 99:
Finally, looking at cost-income rat
Page 100 and 101:
9. The last couple of decades have
Page 102 and 103:
102
Page 104 and 105:
Furthermore, the average outstandin
Page 106 and 107:
Under an open-end credit, the credi
Page 108 and 109: Table 19: Evolution of outstanding
Page 110 and 111: 6.2.1.2.2 Regulatory framework over
Page 112 and 113: 6.2.1.3 Comparison 6.2.1.3.1 Size o
Page 114 and 115: In terms of market competition, the
Page 116 and 117: The residential mortgage market in
Page 118 and 119: Funding by retail deposits represen
Page 120 and 121: In sharp contrast, the US mortgage
Page 122 and 123: 6.2.3.1.2 Lenders to small business
Page 124 and 125: The securitisation process requires
Page 126 and 127: Factoring is also continuously gain
Page 128 and 129: 6.2.3.2.4 Securitisation of small b
Page 130 and 131: The above fears can hardly be allay
Page 132 and 133: - ACH credits and debits: the stati
Page 134 and 135: 6.3.2.1.2 Financial intermediaries
Page 136 and 137: It should be noted that two of the
Page 138 and 139: Assuming that technology, globalisa
Page 140 and 141: The report adds: “although it bou
Page 142 and 143: Graph 19: Use of different distribu
Page 144 and 145: In terms of funding of the business
Page 146 and 147: Since then, established banks have
Page 148 and 149: 148
Page 150 and 151: MoU Memorandum of Understanding OTC
Page 152 and 153: Annex 2: Statistical appendix Table
Page 154 and 155: Table F: Share of US banking indust
Page 156 and 157: Table L: Structure of the liabiliti
Page 160 and 161: F - Federal Deposit Insurance Corpo
Page 162 and 163: 162
show all

A comparative analysis of the US and EU retail banking markets - Wsbi

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?