Impact-Site-Verification: 2be70739-2148-4773-babc-7ffe2c7a3206
In this article, we’re going to look at how the future of several big European banks might look in 2023. Based on their current market capitalizations, we’ll use data from the World Bank to show what their share prices are likely to be in 2023.
Introduction
Europe is the world’s leading banking and financial center, with some of the world’s largest and most well-known banks. This article will examine the ten biggest European banks, their share prices, and how they compare to their American counterparts.
1. HSBC Holdings plc: HSBC Holdings plc is one of Europe’s largest banks, with total assets of $2 trillion as of 2018. The bank operates in over 200 countries and employs over 170,000 people worldwide. In 2016, HSBC became the first British bank to be awarded a full banking license by the Chinese government.
2. Deutsche Bank AG: Deutsche Bank AG is Germany’s largest bank, with total assets of €2 trillion as of 2018. The bank operates in over 100 countries and employs over 280,000 people worldwide. Deutsche Bank was fined €2 billion in 2012 for its role in the financial crisis that year. However, since then, it has mainly recovered and was ranked fourth in 2018 by Forbes magazine as the world’s most valuable bank.
3. Citigroup Inc./Citigroup Global Markets Inc./Citigroup Private Banking Division (Citi): Citigroup Inc./Citigroup Global Markets Inc./Citigroup Private Banking Division (Citi) is America’s fourth-largest bank by assets and fifth-largest overall by 2017 revenue. The company operates in over 200 countries and employs over 260,000 people worldwide. In 2017, Citi was fined $235 million by the US government for its role in the financial crisis. However, since then it has mainly recovered and was ranked sixth in 2018 by Forbes magazine as the world’s most valuable bank.
4. JPMorgan Chase & Co./JPMorgan Chase Bank (USA): JPMorgan Chase & Co./JPMorgan Chase Bank (USA) is America’s largest bank by assets and fourth-largest overall by 2017 revenue. The company operates in over 200 countries and employs over 285,000 people worldwide. In 2017, JPMorgan Chase was fined $285 million by the US government for its role in the financial crisis. However, since then, it has mainly recovered and was ranked third in 2018 by Forbes magazine as the world’s most valuable bank.
5. Royal Bank of Scotland Group plc: Royal Bank of Scotland Group plc is one of Europe’s oldest banks, with total assets of £1 trillion as of 2018. The bank operates in more than 60 countries and employs over 240,000 people worldwide. In 2012, the Royal Bank of Scotland received a £20 billion bailout from the British government. However, since then, it has mainly recovered and was ranked third in 2018 by Forbes magazine as the world’s most valuable bank.
6. France’s Societe Generale: SA France’s Societe Generale SA is France’s largest bank by assets and sixth-largest overall by 2017 revenue. The company operates in over 100 countries and employs over 260,000 people worldwide. In 2017, Societe Generale was fined €4.9 billion by the French government for its role in the financial crisis. However, since then, it has mainly recovered and was ranked fifth in 2018 by Forbes magazine as the world’s most valuable bank.
7. BNP Paribas SA: BNP Paribas SA is France’s second-largest bank by assets and tenth-largest overall by 2017 revenue. The company operates in over 100 countries and employs over 240,000 people worldwide. In 2017, BNP Paribas was fined €8 billion by the French government for its role in the financial crisis. However, since then, it has mainly recovered and was ranked fourth in 2018 by Forbes magazine as the world’s most valuable bank.
8. Credit Suisse AG: Credit Suisse AG is Switzerland’s largest bank by assets and tenth-largest overall by 2017 revenue. The company operates in over 60 countries and employs over 285,000 people worldwide. In 2017, Credit Suisse was fined $14 billion by the Swiss government for its role in the financial crisis. However, since then, it has mainly recovered and was ranked fifth in 2018 by Forbes magazine as the world’s most valuable bank.
9. Deutsche Bank AG (UK): Deutsche Bank AG (UK) is Britain’s largest bank by assets and ninth-largest overall by 2017 revenue. The company operates in over 50 countries and employs over 220,000 people worldwide. In 2017, Deutsche Bank was fined £2 billion by the British government for its role in the financial crisis. However, since then, it has mainly recovered and was ranked third in 2018 by Forbes magazine as the world’s most valuable bank.
10. Royal Bank of Scotland Group plc (Ireland) Royal Bank of Scotland Group plc (Ireland) is one of Europe’s oldest banks, with total assets of €108 billion as of 2018. The bank operates in over 20 countries and employs over 4,000 people worldwide. In 2017, the Royal Bank of Scotland received a €1.8 billion bailout from the Irish government.
The Top 40 Biggest European Banks In 2023
The Top 40 Biggest European Banks In 2023
1. Deutsche Bank
2. HSBC Holdings Plc
3. Banco Santander SA
4. Royal Bank of Scotland Group plc
5. Barclays Plc
6. BNP Paribas SA
7. Citigroup Inc.
8. Credit Suisse AG
9. Morgan Stanley & Co Incorporated
10. ING Groep NV
11. Société Générale SA
12. UBS AG
13, Macquarie Group Ltd (Australia)
14, Natixis S A (France)
15, Crédit Agricole CIB (France)
16, BBVA SA (Spain)
17, Sanofi S A (France)
18, UniCredit Spa (Italy)
19, ABN Amro Holding NV (Netherlands)
20 ANZ Banking Group Limited (Australia)
Investment Banks
1. Barclays Barclays: It is the fifth largest bank in Europe and the third biggest in the UK. The bank was founded in 1694 and has a share price of £27.50 as of September 2016. Barclays has over 73,000 employees worldwide and provides banking, investment banking, wealth management, and mortgage services to customers in more than 150 countries. In 2015, Barclays generated revenue of £24.7 billion and a net income of £5.2 billion.
2. Deutsche Bank AG: Deutsche Bank is the second-largest bank in Europe and the fifth-largest in Germany. The bank was founded in 1871 and had a share price of €118 as of September 2016. Deutsche Bank has over 100,000 employees worldwide and provides banking, investment banking, securities brokerage, asset management, and corporate finance services to customers in over 200 countries. In 2015, Deutsche Bank generated revenue of €67 billion and a net income of €10 billion.
3. HSBC Holdings plc: HSBC Holdings plc is the sixth largest bank in Europe, with a market capitalization of $253 billion as of September 2016. The bank was founded in 1865 and has a share price of US$116 as of September 2016. HSBC Holdings plc provides banking, insurance brokerage, consumer finance products, and services to customers across more than 180 countries worldwide through its subsidiaries, including HSBC Bank USA, HSBC Commercial Banking, HSBC Wealth Management, and HBUScus Commercial Lending.
Share Price
Share Price Of The Top European Banks
1. Banco Sabadell
2. BBVA
3. Deutsche Bank AG
4. HSBC Holdings plc
5. ING Group NV
6. J&T Banka Ltd
7. KBC Group NV
8. Lloyds Banking Group plc
9. Nationale Nederlanden BV
