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market is not highly competitive. This article considers the place of competition in retail banking in Australia, analysing … Australia, targeting the big four banks. Although the original focus for the proposal was driven by poor wealth management … on Reserve Bank rate cuts. In the context of these calls, this article considers the competitiveness of the Australian …
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The purpose of this paper is to elaborate an evolutionary perspective on the process of structural change that has characterized the banking industry in the United Kingdom (UK). For this purpose, the evolution of retail financial services is contrasted against the backdrop of the implementation...
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taking place for retail banking. Data on cross-border retail bank flows, cross-border bank mergers and the law of one price … reveal no evidence of integration in retail banking. This paper shows that the previous tests of bank integration are weak in … that they are not based on an equilibrium concept and are neither necessary nor sufficient statistics for bank integration …
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