Financial Institutions in Europe under New Competitive Conditions

A Opening Addresses.- I. Introduction.- IIA. Implications Monetaires de l'Integration Financiere Europeenne.- IIB. Monetary Implications of European Financial Integration (English translation of Philippe Lagayette's paper).- III. The European Regulatory and Supervisory Framework.- IV. Banking Strategies for the 1990s.- B Competition in Banking Services and Its Implications.- V. Financial Innovation, Internationalization, Deregulation and Market Integration in Europe: Why Does It All Happen Now?.- VI. La Banque a Geometrie Variable: Un Nouveau Facteur de Competitivite.- VII. Les Pouvoirs Publics Francais et les Resistances a la Creation d'un Marche Bancaire Interieur Unifie.- VIII. Competition in Banking Services and Its Implications: The Italian Case.- IX. Le Secteur Bancaire Espagnol et le Probleme des Fusions.- C Is There an Efficiency/Stability Trade-Off? Issues in Banking Supervision and Regulation.- X. Competition, Diversification and Structural Change in the British Financial System.- XI. Frankfurt Financial Centre Challenged by 1992.- XII. The European Insurance Industry and the Impact Competition from Banks Will Exert on It.- XIII. Competition in the British Housing Finance Market.- XIV. Competition in Retail Banking: Threat or Promise?.- XV. La Concurrence dans le Domaine des Valeurs Mobilieres.- D The Role of the Banks in the Restructuring of European Industry.- XVI. Why Do We Have This M & A Wave?.- XVII. The Merger Game: Playing Against the Odds.- E Competition in Traditional Non-Bank Areas; Securities Trading, Housing Finance and Insurance; Financial Conglomerates.- XVIII. Les Effets de la Reglementation et le Comportement des Banques.- XIX. Issues in Banking Supervision and Regulation from the Perspective of a Banking Supervisor.- XX. Home Country Control and Mutual Recognition.- XXI. Banking Structure and Banking Stability after 1992.- XXII. Issues in Financial Regulation: Efficiency, Stability, Information.- F Concluding Address.- XXIII. General Report on the Colloquium.