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Universal Banking: Benchmarks from Britain

In: The Big Four British Banks

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  • David Rogers

Abstract

A central issue of this book relates to how well universal banking succeeded in Britain, as one nation whose commercial banks pursued a version of that strategy. In the British variant, these banks diversified into a variety of financial services, particularly investment banking and insurance, grouping them in a loosely coupled fashion into one common holding company. In contrast to the German and Swiss versions of universal banking, the British version has not included significant holdings and voting power in big, non-banking corporations.1

Suggested Citation

  • David Rogers, 1999. "Universal Banking: Benchmarks from Britain," Palgrave Macmillan Books, in: The Big Four British Banks, chapter 0, pages 197-222, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-27760-5_10
    DOI: 10.1007/978-1-349-27760-5_10
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