European Banking After the Euro: Progress and Problems
Note: full-text not available due to publisher restrictions. Link takes you to an external site where you can locate the article at your local library.
Discusses the changes in European banking since the introduction of the euro, providing statistics on mergers and acquisitions (mostly domestic) and their effects on assets both inside and outside the eurozone. Considers the factors which make cross-border mergers less attractive, the effect of consolidation on costs, and the impact of the euro on foreign exchange earnings, debt markets and cash management systems. Concludes that although banks are becoming more competitive with each other and with other financial services companies, national barriers to further integration of the financial services market remain.
William K. Templeton and Robert A. Clark. "European Banking After the Euro: Progress and Problems" Managerial Finance 27.9 (2001): 21-31.