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Viewing report
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UK Banking: Preparing for Change
Business Insights, Oct 2001
With new entrants and the emergence of new groupings of banks, the UK banking sector is becoming increasingly fragmented. This is being countered by the continuing trend towards consolidation into larger units through significant M&A activity. Banks are also increasingly diversifying into new product areas which were formerly the preserve of separate institutions. This coupled with the sector's use of new technology has created the 'one-stop-shop' and has changed the way banks market and deliver their services. UK Banking 2001 provides an up-to-date analysis of the UK Banking sector. The report details the effects of the Euro's introduction, the implications of increased concentration as a result of M&A activity, the role of new multimedia channels such as WAP and Digital TV and the spread of online banking.
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