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.

The internationalisation of banking in the industrial countries of the West has picked up speed since the mid-sixties. The American banks in particular have since 1965 almost trebled the number of their foreign establishments, and German banks likewise have been increasing their business...

The long-held truism that finance is always good for growth has been called into question by the global financial crisis. This article examines new evidence on the finance-growth nexus from a European perspective. More specifically, it compares the approach of many CESEE countries - i.e....

When the international debt crisis broke in 1982 it appeared for a time that the crisis might engulf the international banking system. What part did the banks play in the creation of the problem? What was their role in overcoming the crisis? Dr. Otmar Emminger, former President of the Deutsche...