Includes bibliographical references (pages 257-278) and index.
Introduction : globalization and state capacity -- The state and the regulation of the banking sector -- The United States : deadlock through fragmentation -- The Federal Republic of Germany : keeping the state at arm's length -- The United Kingdom : late codification, early reform -- Switzerland : high risks, joint responsibilities -- State and banking regulation in comparative perspective -- Conclusion : national institutions as filters of globalization.
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This text contains detailed case studies on banking policy in four countries (the United States, the United Kingdom, Germany, and Switzerland). The main contribution of this book lies in a careful empirical study of a subject area most affected by the globalisation of financial markets, namely the state regulation of the banking industry.