The offerings of financial products to investors have evolved considerably over the last decades. This study was undertaken to understand the importance of financial products in Portugal for banks and private clients. Different financial products can provide to banks an important role on their...

While international capital flows are rising, the role of banks in the economy is changing and stock markets in OECD and eastern European countries play an increasing role for financing investment and innovation. Economic catching up of eastern Europe, European Monetary Union and problems of...