"The author investigates the strategies of eight publicly listed banks in Britain and Germany in the context of European financial integration. Evidence is provided that banks with defensive strategies fared better than those which attempted to break out of a coherent financial system in order to embrace new business opportunities.

About the Author
SVEN JANSSEN is Vice President at Bank Sal. Oppenheim, Frankfurt, Germany. He has worked in investment banking since 1999, focusing on financial institutions and real estate. He studied at universities in France, Germany, the UK, and the USA and spent some time as a management consultant in Lausanne, Switzerland. Sven holds a PhD in Finance and Strategy from the School of Management at the University of Bath, UK."