This book lays out the forces that necessitate a strategy, shows how the competitive forces are affecting different financial centers and provides a policy framework for strategy development. It is essential for public officials, policy makers, legislators, scholars, and people in business.
1. The Financial Services Revolution 2. What Makes a Financial Center? 3. The Convergence of Products, Services, and Regulatory Regimes 4. Globalization of Finance 5. Front Office Competition Among U.S. Financial Centers 6. Back Offices and Data Processing: Competing on Costs 7. Financial Services, Financial Centers, and Public Policy