• 1 Introduction
  • 2 The Basics: Market Structure and Performance
  • 2.1 Size and Concentration
  • 2.2 Banking Technology: Economies of Scale and of Scope
  • 2.3 Competition
  • 2.4 Banking Performance
  • 3 Regulatory Framework
  • 3.1 Regulatory Framework prior to SMP
  • 3.2 Main Single Market Programme
  • 3.3 Remaining Barriers
  • 4 The Impact of the SMP
  • 4.1 Bank Strategy: General Responses
  • 4.2 Mergers & Acquisitions
  • 4.3 Internationalization
  • 4.4 Cost Changes: Scale, Efficiencies, and Input Prices
  • 4.5 Revenue Changes: Quantities, Prices and Margins
  • 5 EMU and the Banking System
  • 5.1 Effects of EMU on Banking Activities
  • 5.2 Banking Sector Responses
  • 6 Conclusion