By Pietro Alessandrini, Michele Fratianni, Alberto Zazzaro (auth.), Alberto Zazzaro, Michele Fratianni, Pietro Alessandrini (eds.)
Two contrasting developments have emerged from the serious integration and consolidation strategy that experience swept the eu and U.S. banking within the Nineteen Nineties: the geographical diffusion of banking buildings and tools and the geographical focus of banking strength in a number of monetary facilities inside of each one state. the 1st development has contributed to vastly lessen the operational distance that separates banks from their consumers. the second one has elevated the practical distance that separates the bank’s determination middle from its operational branches. The conflicting hobbies in operational and practical distances have left a mark on industry constitution, monetary integration and rules of the banking undefined, and feature precipitated a change in organizational buildings, lending habit and relationships among banks and corporations. This booklet, not just surveys the good study attempt that has been made lately at the geography of banking and finance, but additionally presents new insights and empirical facts on how the geography of banking and finance has developed and impacted its customers.
This is a well timed and precious quantity that collects up to date empirical learn at the geography of the banking and monetary facilities.
Allen N. Berger
H. Montague Osteen, Jr. Professor in Banking and Finance
Moore college of Business
University of South Carolina, USA
The geography of banking has replaced dramatically in recent times, below the mixed impression of recent details expertise, deregulation and foreign integration. This publication assesses completely what we all know and what we do not comprehend but approximately this approach and approximately its results at the provision of credits to families and corporations (especially small and medium ones). will probably be a beneficial reference at the evolution of the banking for years to come.
Professor of Economics
University of Naples Federico II, Italy
The subdiscipline fascinated with the geography of banking is a comparatively new one, and the learn frontier remains to be principally unexplored. This publication makes a well timed and beneficial contribution to establishing up this territory; supplying interesting perception into how new details applied sciences, monetary innovation, de- and re-regulation, and globalisation tactics extra usually, are reshaping not just the geographies of banking itself, but additionally the spatialities of credits provision, monetary flows and fiscal move. an important learn for monetary economists, financial geographers and all these drawn to the realm of finance.
Professor of monetary Geography
University of Cambridge, united kingdom
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