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/lp/emerald-publishing/the-future-of-financial-services-in-europe-0hldVDCHe7
- Publisher
- Emerald Publishing
- Copyright
- Copyright © 2004 Emerald Group Publishing Limited. All rights reserved.
- ISSN
- 1463-6689
- DOI
- 10.1108/14636680410562972
- Publisher site
- See Article on Publisher Site
Abstract
Financial services in Europe have undergone dramatic changes in recent years. Much of this is due to developments in information and communication technologies, the arrival of European Monetary Union and the ageing population. These will continue to be important drivers of change as the industry continues to evolve. The future may see the emergence of a few major global players though national sensitivities and preferences may limit mergers. “Surprise‐free”, alternative and wild card scenarios are outlined and a range of issues which appear important for policy makers to consider is raised.
Journal
foresight – Emerald Publishing
Published: Oct 1, 2004
Keywords: Financial services; European Union; Monetary policy