The Development of UK Banks into International Markets

Abstract

Endeavours to give a breakdown on the changes in the world economy that have radically changed UK banks' international operations. Stresses significant changes have taken place in the flow of goods from the UK – the decreasing importance of Commonwealth markets has been more than made up by the increasing importance for the UK of EEC markets. States that between 1960 and 1980 the proportion of exports from the UK to the EEC rose from one‐fifth to more than a half of total exports, and the exports to Commonwealth countries fell from nearly a half to a quarter. Discusses the Euromarkets further and the foreign exchange market. Concludes that herein has been highlighted some of the current developments in the international capital markets of most significance to the international marketing of UK banks.

Citation

Turnbull, P.W. (1982), "The Development of UK Banks into International Markets", European Journal of Marketing, Vol. 16 No. 3, pp. 106-110. https://doi.org/10.1108/EUM0000000004844