Financial Times has this beautiful trend chart that shows how the banking landscape has changed drastically in the last decade. Giants like Citigroup, UBS and Bank of America that were dominating the industry until just a couple of years ago have not only declined, they have disappeared from the list. Move the slider at the bottom to see how it plays out over the years.
The most drastic change that strikes me is that 19 out of the top 20 banks were headquartered in the US, UK, Japan and Switzerland in 1999. Today that number has dropped to only 6.
A lot more information is visible if you view this chart on the FT website. Go Here.
Source: Financial Times
The decade for global banks
By Steven Bernard, Jeremy Lemer, Helen Warrell, Cleve Jones, Peter Thal Larsen and Simon Briscoe Published: March 22 2009 18:11 | Last updated: March 22 2009 18:11
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