Banking in Europe: The Quest for Profitability after the Great Financial Crisis

Description

This Palgrave Pivot provides a comprehensive overview of the dynamics that are affecting the profitability of European banks since the recent crisis period. More specifically, it sheds light on the most crucial changes in profit generation and on the consequential changes in banking strategies due to fiercer competition, reduced margin and changing regulation. The work is divided in four main parts. The first section introduces the changes in bank management policies, considering the periods before and since the crisis. In the second section, the authors review the literature on bank profitability and outline the main determinants of profit generation, and in the third section they provide a cross-country analysis of profitability for a wide sample of European banks during the great financial crisis. In the last section, the authors discuss the results of the quantitative analysis under the new regulatory and competitive framework that is progressively affecting the banking sector (fintech, Basel regulations, etc.). This book will be of interest to academics, researchers and students of European banking. Front Matter ....Pages i-xv Bank Management After the Great Crisis (Mariarosa Borroni, Simone Rossi)....Pages 1-22 Bank Profitability: Measures and Determinants (Mariarosa Borroni, Simone Rossi)....Pages 23-53 Profitability of European Banks: A Quantitative Analysis (Mariarosa Borroni, Simone Rossi)....Pages 55-82 Making Profits in the New Competitive and Regulatory Framework (Mariarosa Borroni, Simone Rossi)....Pages 83-105 Back Matter ....Pages 107-118