List of Tables List of Figures Notes on the Contributors Competition Forces and Institutional Structure in the UK and Germany; N.Walker Financial Innovation and Financial Stability: Some Lessons from Germany and the UK; G.Hoggarth, A.Milne & G.E.Wood European Destiny and Macroeconomic Responsibility in the Financial Systems of Germany and the UK: A Balance Sheet Approach; J.Toporowski Discussant; A.Tylecote What Kind of Stability Helps Industry?: Contrasting Experiences with British and German Banking; F.H.Capie & G.E.Wood Discussant; B.Koehler Financial Competition, Risk and Accountability: The Role of Trust Banks; J.A.Kregel The Dynamics of Change and Risk in Corporate and Wholesale Finance; B.Howcroft Discussant; B.Zugenbuhler Risk Management and the Ethics of New Financial Instruments; J.Welby Business Ethics in the Banking Industry - Some Remarks; A.Wagner The Savings Ratio Behaviour in Globalised Money and Capital Markets: A Comparison of the UK and German Experience; S.F.Frowen & E.Karakitsos Discussant; E.O.Smith The Role of Central Banks in the Global Competition Environment; N.Kloten Bank Supervision in the Context of Global Competition; J.G.Ellis Economic and Monetary Union: An Ethical Issue?; M.Donnelly Capital and Credit-Based Development: Lessons for Central East Europe; S.Herten & J.Hoelscher Discussant; M.Moersch Social Banking and Affordable Housing in Germany; U.Reifner & J.Pfau The Role of Compliance in Germany's Banking Culture; L.Schuster Index
FORREST CAPIE Professor of Economic History, City University Business School MARTIN DONNELLY Deputy Head of the European Secretariat of the Cabinet Office JOHN G. ELLIS Financial Ethics Division, Financial Services Authority STEP.HAN HERTEN Lecturer, Wolverhampton University GLENN HOGGARTH Senior Economist, Financial Intermediaries Division, Bank of England JENS HA-LSCHER Visiting Commerzbank Chair of Money and Finance, Chemnitz University of Technology, Germany BARRY HOWCROFT Professor of Retail Banking and Director of Loughborough University Banking Centre ELIAS KARAKITSOS Professor of Economics and Head of the Economics Section, Management School, Imperial College, London NORBERT KLOTEN Member of the Economic Advisory Council, Federal Ministry of Economics BENEDIKT KOHLER General Manager, London Branch of Norddeutsche Landesbank JAN KREGEL Professor of Economics, University of Bologna, Italy ALISTAIR MILNE Lecturer, University of Surrey and Adviser to the Bank of England MATHIAS MOERSCH Senior Economist, Deutsche Genossenschaftsbank AG, Frankfurt IAN MORISON previously Director of Loughborough University's Banking Centre ERIC OWEN SMITH Senior Lecturer in Economics, Loughborough University JULIANE PFAU Senior Research Officer, Institute for Financial Services, Hamburg UDO REIFNER Director, Independent Institute for Financial Services, and Professor of Commercial Law, University of Hamburg LEO SCHA STER Professor of Banking and Finance, Catholic University of Eichstatt, Ingolstadt, Germany JAN TOPOROWSKI Reader in Economics, South Bank University ANDREW TYLECOTE Professor of Economics and Management of Technological Change, University of Sheffield ANDREAS WAGNER Strategy Specialist, Bayerische Landesbank, Munich NORBERT WALTER Chief Economist, Deutsche Bank AG JUSTIN WELBY previously worked in Treasury Department at major London banks GEOFFREY E. WOOD Professor of Economics, City University, London
STEPHEN FROWEN is Honorary Research Fellow in the Department of Economics, University College London, Senior Research Associate at the Von Hugel Institute, St Edmund's College, University of Cambridge, and External Professorial Research Associate at the Institute for German Studies, University of Birmingham. He was formerly Bundesbank Professor of Monetary Economics in the Free University of Berlin. He has published extensively on monetary and macroeconomics and in banking. He is the editor of many collective works and sits on various editorial boards. In 1993 he was appointed a Commander of the Order of Merit in the Federal Republic of Germany, and in 1996 was awarded a Papal Knighthood. FRANCIS MCHUGH, a catholic priest, is Director of the Von Hugel Institute and a Fellow and Tutor at St Edmund's College, University of Cambridge. His recent publications include 'A Keyguide to Resources in Business Ethics' (1988) and (with Sam Natale) 'Things Old and New: Catholic Social Teaching Revisited', (1993). He is also a Member of the Editorial Board of 'International Journal of Value-based Management'.
'The book follows an exceptional method regarding two aspects: First, it approaches financial markets from an ethical point of view; second the analysis is carried out by a comparison of the German and British banking systems. The remarkable strength of this volume, edited by Stephen F. Frowen and Francis P. McHugh and including 16 contributions from financial-sector professionals as well as from scholars from both countries, becomes evident for two reasons:. First, the profound examination of selected aspects of British and German financial markets provides illuminating in-depth findings and often leads to universal recommendations. Second, the often used examples allow a fast and revealing access even to complex issues.' - Anton Burger and Philipp Ulbrich, Kredit und Kapital.