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Financial Services: Perspectives and Challenges for the 1990s
Financial Services Perspectives and Challenges for the 1990s Author:Samuel L., III Hayes, Harvard Business School Press What changes face the financial services industry as we approach the twenty-first century? Several leading scholars (including Dwight B. Crane, Robert G. Eccles, Robert C. Merton, Andre F. Perold, and Richard H. K. Vietor) address the pressing issues facing our capital markets: deregulation; the thrift crisis; the evolution of American, Japanese... more », and German financial markets; international insurance; securities underwriting and investment banking competition; changes in the mutual fund industry; and management of risk capital. Taken together, the essays reveal the increasing interdependency of the principal market centers; increasing competition among the geographic and financial product markets; the need for sound regulatory and strategic practices in a global market for money; and the changing relationships among financial services vendors, savers, and capital users.« less