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"Once upon a longish time in the past, Swiss bankers have been solemn males to whom you took the cash stashed below your bed so Oliver Landmann they can stash it below theirs. now not now". (The Economist, February second, 1991) because the Economist has well-known, the banking company is topic to thorough swap. conventional aggressive merits are misplaced, new ones needs to be sought. And peculiarly, the swift globalization of fmancial markets within the fresh prior has significantly intensified foreign festival in banking. In view of those advancements, the difficulty of competitiveness in banking has develop into an pressing learn precedence. The contributions accumulated during this convention quantity current the ftrst result of a joint study venture of the Labour and commercial Economics examine Unit on the college of Basel, the foreign Centre for financial and Banking reviews, and the Graduate Institute for overseas stories in Geneva at the Swiss monetary zone. TIle convention was once held in Basel on might sixteen - 17, 1991. The study undertaking, directed via Professors Alexander Swoboda, Niklaus Blattner and Hans Genberg, is a part of the nationwide study Programme Nr. 28, commissioned via the Swiss executive and administered by means of the Swiss nationwide technological know-how origin. The programme is dedicated to the exterior monetary demanding situations confronted through Switzerland. The idea of competitiveness is on the very center of this study programme.

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