The German Financial System

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Finance, Markets, and Regulation Banking stability, regulation, efficiency Banking Systems and Strategies

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Abstract The book provides a comprehensive and up-to-date overview of all aspects of the German financial system, grounded in the current discussion about the importance of a country's financial system for its economic development. The common starting points for the book as a whole as well as for all 15 individual chapters are what the respective authors perceive as peculiarities of the German financial system and the perception that seems to prevail among foreign observers of this system. The book covers a wide range of topics from the banking system, the stock exchanges, bank–client relationships, regulation and competition in the financial sector to corporate governance and financial accounting in Germany.

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