Goodhart, Charles A.E., Schoenmaker, Dirk, (2016), “The US is beginning to dominate global investment banking: Implications for Europe”, Voxeu, 28 Μαρτίου
The European banking system is downsizing. As a consequence, the big US investment banks are on the rise in Europe. This column argues that US investment banks are about to surpass their European counterparts in the European investment banking market. The authors also discuss why leaving global investment banking to the big five American banks might be problematic and offer policy response recommendations.
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