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Globalising international banking

Author

Listed:
  • Robert N McCauley
  • Judith S Ruud
  • Philip Wooldridge

Abstract

Over the last generation, internationally active banks have shifted from international to global banking. Some banks, rather than taking deposits in one jurisdiction and lending in another, have pursued the strategy of taking deposits and offering consumer loans, mortgages and corporate loans within a variety of national markets through a local presence. Other banks have pursued a capital markets strategy, seeking to fund their portfolios of local securities locally as well. Whether adopting a global consumer or global wholesale model, banks are increasingly looking to serve customers through a local presence funded locally. The ambition to build a global (or multinational) bank so defined differs from that to build an international bank, defined here as a bank that takes deposits in one country and makes loans in another.

Suggested Citation

  • Robert N McCauley & Judith S Ruud & Philip Wooldridge, 2002. "Globalising international banking," BIS Quarterly Review, Bank for International Settlements, March.
    • Handle: RePEc:bis:bisqtr:0203e
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    References listed on IDEAS

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    1. John Hawkins & Dubravko Mihaljek, 2001. "The banking industry in the emerging market economies: competition, consolidation and systemic stability: an overview," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking industry in the emerging market economies: competition, consolidation and systemic stability, volume 4, pages 1-44, Bank for International Settlements.
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    Cited by:

    1. Robert N McCauley & San-Sau Fung & Blaise Gadanecz, 2002. "Integrating the finances of East Asia," BIS Quarterly Review, Bank for International Settlements, December.
    2. Sorin-George Toma & Loredana Nicoleta Zainea & Dragoș Tohănean, 2019. "Global Banks: The Race for Supremacy in 2018," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 64-69, December.
    3. Yoon Je Cho & Robert N McCauley, 2003. "Liberalising the capital account without losing balance: lessons from Korea," BIS Papers chapters, in: Bank for International Settlements (ed.), China's capital account liberalisation: international perspective, volume 15, pages 75-92, Bank for International Settlements.
    4. Philip D Wooldridge & Dietrich Domanski & Anna Cobau, 2003. "Changing links between mature and emerging financial markets," BIS Quarterly Review, Bank for International Settlements, September.
    5. Niepmann, Friederike, 2015. "Banking across borders," Journal of International Economics, Elsevier, vol. 96(2), pages 244-265.
    6. Bryan Hardy & Patrick McGuire & Goetz von Peter, 2024. "International finance through the lens of BIS statistics: bank exposures and country risk," BIS Quarterly Review, Bank for International Settlements, September.
    7. Konstantinos Drakos & Ioannis Malandrakis, 2021. "Global Versus Non-Global Banks: A Capital Ratios-Based Analysis," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 10(2), pages 5-22.
    8. Georgios Fotopoulos & Helen Louri, 2011. "On the Geography of International Banking: a case for spatial econometrics?," ERSA conference papers ersa10p1081, European Regional Science Association.
    9. Bank for International Settlements, 2003. "Guide to the international financial statistics," BIS Papers, Bank for International Settlements, number 14.
    10. Robert N McCauley, 2003. "Capital flows in East Asia since the 1997 crisis," BIS Quarterly Review, Bank for International Settlements, June.
    11. Ma, Guonan & McCauley, Robert N., 2013. "Is China or India more financially open?," Journal of International Money and Finance, Elsevier, vol. 39(C), pages 6-27.
    12. Niepmann, Friederike, 2015. "Banking across borders," Journal of International Economics, Elsevier, vol. 96(2), pages 244-265.
    13. Stefan Hohl & Patrick McGuire & Eli Remolona, 2006. "Cross-Border Banking in Asia: Basel II and Other Prudential Issues," World Scientific Book Chapters, in: Gerard Caprio Jr & Douglas D Evanoff & George G Kaufman (ed.), Cross-Border Banking Regulatory Challenges, chapter 8, pages 87-107, World Scientific Publishing Co. Pte. Ltd..

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