The European Union has made strengthening social cohesion a clear priority and the European co-operative banks also focus considerable attention on the topic.
In the wake of a series of corporate scandals at Enron, Worldcom, Parmalat and Ahold, the drive to modernise corporate governance and corporate law has accelerated worldwide. The United States is bringing considerable pressure to bear internationally in order to bring this about.
The emphasis in this study lies on retail banking in the broadest sense of the word. We start with a brief summary of well-known trends in banking and then focus on domestic and international banking strategies, respectively.