June 2001
Bank atlas 2001: Europeans infiltrate ranks of world's biggest banks
Mergers drive many of the changes in the annual rankings of banks by shareholders’ equity. American and Japanese groups retain the top spots. But European banks have the market capitalizations to grow further through acquisition. By Andrew Newby, data from Moody’s.
Top 250 Banks
Market captialization
Largest banks by country
Methodology
The degree of concentration in the banking sector continues to differ across countries, ranging from highly-consolidated markets in Australia, Belgium, Canada, France, the Netherlands and Sweden, through intermediate cases like the UK and Switzerland, to more dispersed market shares in Germany and the United States - where the number of banks has nevertheless fallen by 40% since 1979. Despite this drive for size there have so far been relatively few major international bank mergers in Europe, though Belgian and Swiss firms have traditionally been active in cross-border and cross-industry transactions.
A number of these deals last year took place in Scandinavia, where highlights included the acquisition by Nordea (49) of both Christiana Bank and Unidanmark in November 2000. Internet initiatives by SEB (96) in Denmark and Germany followed its integration last January of BfG Bank, Germany's fifth largest private...
More information on bank atlas: the world's largest banks
Access to this content is for level 2 subscribers. You do not currently have access to this content, to gain access subscribe or call our hotline on +44 (0)207 779 8999.
If you are a level 2 subscriber but have yet to sign in to the site, please log in now to view this content.
If you are a trialist or subscriber, please enter your username and password at the top right-hand side of euromoney.com
Subscribers to Euromoney benefit from:
Level 1:
- Online access to the past 12 months content
- Tailored RSS news feeds direct to your desktop
- News delivered directly to your mobile device or PC
- Personalised email newsfeed of 'Top stories' and 'Breaking news'
Level 2:
- Exclusive access to euromoney.com - Read the latest issue early online, search for specific developments by region or sector, interrogate the results of Euromoney's benchmark polls, and view the archive dating back to 2000
- 12 monthly issues of Euromoney magazine
- More than 30 specialist research guides free
- The results of Euromoney’s polls and surveys
- Tailored RSS news feeds direct to your desktop
- News delivered directly to your mobile device or PC
- Personalised email newsfeed of 'Top stories' and 'Breaking news'
Click here to subscribe