The euro and the large banks’ behaviour within the EMU – Entrepreneurial strategies and monetary policy
This paper connects different business cultures of large banks in various countries of the EMU with monetary policy issue of the ECB. First, the banks’ competitive potential as well as their strategic behaviour is outlined. Furthermore, a cluster analysis exhibits some banking groups according to th...
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Format: | Article |
Language: | English |
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Associazione Economia civile
2013-10-01
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Series: | PSL Quarterly Review |
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Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10621 |
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author | M. BORCHERT |
author_facet | M. BORCHERT |
author_sort | M. BORCHERT |
collection | DOAJ |
description | This paper connects different business cultures of large banks in various countries of the EMU with monetary policy issue of the ECB. First, the banks’ competitive potential as well as their strategic behaviour is outlined. Furthermore, a cluster analysis exhibits some banking groups according to the liability-orientation of the largest EMU-banks, and a factor analysis gives some additional information about their asset-orientation; both business orientations play an important role for the efficiency of monetary policy. FInally, the different cash requirements within the various European countries might lead to totally new bank strategies, yielding to an internationalization of large bank-credits.
JEL Codes: F15, G21
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first_indexed | 2024-04-10T17:31:17Z |
format | Article |
id | doaj.art-55a78284be8943ad8d8e68ebd7c0d99e |
institution | Directory Open Access Journal |
issn | 2037-3635 2037-3643 |
language | English |
last_indexed | 2024-04-10T17:31:17Z |
publishDate | 2013-10-01 |
publisher | Associazione Economia civile |
record_format | Article |
series | PSL Quarterly Review |
spelling | doaj.art-55a78284be8943ad8d8e68ebd7c0d99e2023-02-03T16:46:00ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-10-015220810.13133/2037-3643/10621The euro and the large banks’ behaviour within the EMU – Entrepreneurial strategies and monetary policyM. BORCHERTThis paper connects different business cultures of large banks in various countries of the EMU with monetary policy issue of the ECB. First, the banks’ competitive potential as well as their strategic behaviour is outlined. Furthermore, a cluster analysis exhibits some banking groups according to the liability-orientation of the largest EMU-banks, and a factor analysis gives some additional information about their asset-orientation; both business orientations play an important role for the efficiency of monetary policy. FInally, the different cash requirements within the various European countries might lead to totally new bank strategies, yielding to an internationalization of large bank-credits. JEL Codes: F15, G21 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10621Commercial BanksCommercial BankingResearchBanking industryMonetary unions |
spellingShingle | M. BORCHERT The euro and the large banks’ behaviour within the EMU – Entrepreneurial strategies and monetary policy PSL Quarterly Review Commercial Banks Commercial Banking Research Banking industry Monetary unions |
title | The euro and the large banks’ behaviour within the EMU – Entrepreneurial strategies and monetary policy |
title_full | The euro and the large banks’ behaviour within the EMU – Entrepreneurial strategies and monetary policy |
title_fullStr | The euro and the large banks’ behaviour within the EMU – Entrepreneurial strategies and monetary policy |
title_full_unstemmed | The euro and the large banks’ behaviour within the EMU – Entrepreneurial strategies and monetary policy |
title_short | The euro and the large banks’ behaviour within the EMU – Entrepreneurial strategies and monetary policy |
title_sort | euro and the large banks behaviour within the emu entrepreneurial strategies and monetary policy |
topic | Commercial Banks Commercial Banking Research Banking industry Monetary unions |
url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10621 |
work_keys_str_mv | AT mborchert theeuroandthelargebanksbehaviourwithintheemuentrepreneurialstrategiesandmonetarypolicy AT mborchert euroandthelargebanksbehaviourwithintheemuentrepreneurialstrategiesandmonetarypolicy |