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information, have meant that the European financial system has become less bank-based and more market-based. This trend has been …
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In literature and practice the term “development bank” is commonly applied to investment banks for the financing of …- and long-term funds. Complementary consultative functions are occasionally performed as well while other bank transactions … development bank has proved too narrow, too normative and too general. …
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Since the mid-sixties the expansion of the overseas banking system of American banks accelerated. New impulses will be generated by the “petroldollars” of the oil producing countries which will most likely be handled by the overseas branches.
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