Convergence in the financial services industry

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      <subfield code="c">by Lutgart van den Berghe and Kurt Verweire</subfield>
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      <subfield code="a">The financial services industry is undergoing drastic changes. One of the main challenges for managers of financial institutions as well as for regulators and supervisors is the growing convergence between different sectors within the financial services industry. In this paper, the authors present some general observations and recommendations. They hope that these recommendations help in fostering innovation and prosperity, without neglecting the  important conditions for a stable and reliable financial sector</subfield>
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