1.

Record Nr.

UNINA9910254875703321

Autore

Casu Barbara

Titolo

Building Societies in the Financial Services Industry / / by Barbara Casu, Andrew Gall

Pubbl/distr/stampa

London : , : Palgrave Macmillan UK : , : Imprint : Palgrave Macmillan, , 2016

ISBN

1-137-60208-2

Edizione

[1st ed. 2016.]

Descrizione fisica

1 online resource (XIX, 101 p. 35 illus.)

Collana

Palgrave Pivot

Disciplina

332.17

Soggetti

Bank marketing

Financial Services

Great Britain

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references at the end of each chapters and index.

Nota di contenuto

Chapter 1) Financial Services and The UK Economy -- Chapter 2) A Brief History of Building Societies -- Chapter 3) Legislation, Regulation and Governance of Building Societies -- Chapter 4) Financial Structure of the Building Society Sector -- Chapter 5) The Performance of Building Societies: A Comparative Analysis.

Sommario/riassunto

This book presents an analysis of the role of UK building societies, their strengths and weaknesses, and their contribution to the industry, at a time where public confidence in banking is low. Chapters present the results of an empirical analysis of the comparative performance of UK building societies, since the large-scale demutualisation process ended in the year 2000. The authors highlight the substantial impact of the financial crisis on the sector, with 2008 and 2009 being particularly difficult years. The book discusses banks and building societies in the context of the improving economy and show that both groups have recovered some profitability, although not at the pre-crisis level. The reader will discover that building societies in particular have recovered well from the financial turmoil and they appear less risky than banks on a variety of measures.