International Peer-Reviewed JournalOpen AccessISSN 2456-8880
irejournals@gmail.com+91-7433024337

Home / Current Issue / Paper 1704053

1704053 Vol 6 · Issue 7 Download Paper

Universal Banking Challenges and Solutions: Literature Review

Enas Nasser Okla

Subject area: Management and Commerce  ·  Area of research: Banking

Abstract

The article aims to review universal banks for you by reviewing concepts, tracking global events and variables that pushed banks towards globalization, and then identifying the distinctive characteristics of universal banks and the challenges they face and proposing solutions for them: Industry in Europe and the search for new markets and other global events, the most important of which is the invention of the Internet and the growth of electronic commerce. In conclusion, the researcher emphasized the necessity of developing the financial market, strengthening the banking environment, and a legislative support system.

Keywords

Universal banks(UB), Development, liberalization, financial markets.

References

[1] A. D. Morrison, “Universal Banking,” Oxford Handb. Bank., pp. 179–214, 2012, 10.1093/oxfordhb/9780199640935.013.0007.

[2] G. J. Benston and G. J. Benston, “Universal banking,” Sep. Commer. Invest. Bank. Glas. Act Revisit. Reconsidered, pp. 179–214, 1990.

[3] J. Schildbach, B. Speyer, D. B. AG, and R. Hoffmann, “Universal banks: Optimal for clients and financial stability,” Dtsch. Bank Res. Retrieved from, 2012.

[4] G. Gorton and F. A. Schmid, “Universal banking and the performance of German firms,” J. financ. econ., vol. 58, no. 1–2, pp. 29–80, 2000.

[5] J. H. Boyd, C. Chang, and B. D. Smith, “Moral hazard under commercial and universal banking,” J. money, Credit Bank., pp. 426–468, 1998.

[6] S. Ahamad, P. Gupta, P. Bikash Acharjee, K. Padma Kiran, Z. Khan, and M. Faez Hasan, “The role of block chain technology and Internet of Things (IoT) to protect financial transactions in crypto currency market,” Mater. Today Proc., Dec. 2021, 10.1016/J.MATPR.2021.11.405.

[7] R. Natarajan et al., “Intelligent gravitational search random forest algorithm for fake news detection,” Int. J. Mod. Phys. C, p. 2250084, Dec. 2021,

[8] M. Sangeetha, A. Hoti, R. Bansal, M. Faez Hasan, K. Gajjar, and K. Srivastava, “Facilitating artificial intelligence supply chain analytics through finance management during the pandemic crises,” Mater. Today Proc., vol. 56, pp. 2092 –2095, 2022, https://

[9] M. F. Hasan, “Bank Mergers and Acquisitions Trends Under Recent Crises,” Iconic Res. Eng. Journals, vol. 6, no. 2, 2022.

[10] S. P. M. A. Ansari, J. O. Odongo, M. Z. M. Nomani, G. Salahuddin, M. F. Hasan, and L. K. Pallathadka, “Evaluating the role of environment management system based on artificial intelligence,” Mater. Today Proc., Dec. 2021,

[11] R. Elsas and J. P. Krahnen, “Universal banks and relationships with firms,” 2003.

[12] R. Vander Vennet, “Cost and profit efficiency of financial conglomerates and universal banks in Europe,” J. Money, Credit Bank., pp. 254– 282, 2002.

[13] Š. Kraujalis, “The Development of Universal Banking in Lithuania,” Informatica, vol. 12, no. 4, pp. 509–518, 2001.

[14] X. Liu, S. Qi, and Y. Wu, “Impact of Universal Banking on Investment Decisions of Bank- Dependent Firms,” Available SSRN 3859082, 2021.

[15] A. N. Berger, R. S. Demsetz, and P. E. Strahan, “The consolidation of the financial services industry: Causes, consequences, and implications for the future,” J. Bank. Financ., vol. 23, no. 2, pp. 135–194, 1999, 10.1016/S0378-4266(98)00125-3.

[16] G. Lang and P. Welzel, “Technology and cost efficiency in universal banking a „Thick Frontier‟-analysis of the german banking industry,” J. Product. Anal., vol. 10, no. 1, pp. 63–84, 1998.

[17] B. Rime and K. J. Stiroh, “The performance of universal banks: Evidence from Switzerland,” J. Bank. \& Financ., vol. 27, no. 11, pp. 2121– 2150, 2003.

[18] C. Chang, X. Li, and Y. Wang, “Universal Banking, Optimal Financing Structure, and Banking Regulations,” Optim. Financ. Struct. Bank. Regul. (November 19, 2020), 2020.

[19] C. Calmès and R. Théoret, “The impact of universal banking on macroeconomic dynamics: A nonlinear local projection approach,” Borsa Istanbul Rev., vol. 20, no. 2, pp. 153–171, 2020.

[20] D. Neuhann and F. Saidi, “Do universal banks finance riskier but more productive firms?,” J. financ. econ., vol. 128, no. 1, pp. 66–85, 2018.

[21] B. Grosse-Rueschkamp, “Universal Banks and Firm Debt Structure,” Available SSRN 4021080, 2022.

[22] I. Walter, “Universal banking: A shareholder value perspective,” Eur. Manag. J., vol. 15, no. 4, pp. 344–360, 1997.

[23] R. Cooper and K. Nikolov, “Government debt and banking fragility: The spreading of strategic uncertainty,” Int. Econ. Rev. (Philadelphia)., vol. 59, no. 4, pp. 1905–1925, 2018.

[24] G. M. Caporale, S. Lodh, and M. Nandy, “How has the global financial crisis affected syndicated loan terms in emerging markets? Evidence from China,” Int. J. Financ. \& Econ., vol. 23, no. 4, pp. 478–491, 2018.

[25] R. N. Rashid, H. B. Kareem, M. H. Ali, and M. F. Hasan, “The Role of Internal Control Techniques in Sustainable Development to Improve Financial Performance,” Stud. Appl. Econ., vol. 39, no. 11, 2021, 10.25115/eea.v39i11.6324.

[26] A. E. Wilmarth Jr, “The dark side of universal banking: Financial conglomerates and the origins of the subprime financial crisis,” Conn. L. Rev., vol. 41, p. 963, 2008.

[27] N. Trusova, L. Melnyk, Z. Shіlo, and O. Prystеmskyi, “Credit-investment activity of banks of the Ukraine: Financial globalization, risks, stabilization,” 2021.

[28] M. F. Hasan, H. S. Hadi, and N. A. H. Jasim, “The Validity of Altman‟s Models in Predicting Iraqi Private-Banks Soundness,” J. Manag. Account. Stud., vol. 9, no. 01, pp. 79–89, 2021, https:// 89.

How to cite this paper

Enas Nasser Okla "Universal Banking Challenges and Solutions: Literature Review" Iconic Research And Engineering Journals Volume 6 Issue 7 2023 Page 299-302
Enas Nasser Okla "Universal Banking Challenges and Solutions: Literature Review" Iconic Research And Engineering Journals, vol. 6, no. 7, Jan. 2023
Enas Nasser Okla (2023). Universal Banking Challenges and Solutions: Literature Review. Iconic Research And Engineering Journals, 6(7).
Enas Nasser Okla "Universal Banking Challenges and Solutions: Literature Review" Iconic Research And Engineering Journals, vol. 6, no. 7, Jan. 2023.
@article{1704053,
      author = {Enas Nasser Okla},
      title = {Universal Banking Challenges and Solutions: Literature Review},
      journal = {Iconic Research And Engineering Journals},
      year = {2023},
      volume = {6},
      number = {7},
      pages = {299-302},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1704053.pdf},
      abstract = {The article aims to review universal banks for you by reviewing concepts, tracking global events and variables that pushed banks towards globalization, and then identifying the distinctive characteristics of universal banks and the challenges they face and proposing solutions for them: Industry in Europe and the search for new markets and other global events, the most important of which is the invention of the Internet and the growth of electronic commerce. In conclusion, the researcher emphasized the necessity of developing the financial market, strengthening the banking environment, and a legislative support system.},
      keywords = {Universal banks(UB), Development, liberalization, financial markets.},
      month = {January},
  }