Last year the combined share of the top three banks (Deutsche, UBS and Barclays Capital) was 40.44%, a decline of more than 5% from the previous two years. It wasn’t just the remainder of the top 10 that was catching up (market share of this group increased 3% over 2009), but the market share of those in 11th to 20th places also increased by around 3%. There the competition for share seemed to end. Perhaps the most telling statistic was that the top 20 banks had more that 90% of the market in each of the last four years.
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