Industry Analysis & Industry Trends
As a result of the recession, banks throughout the world suffered as their loan loss provisions skyrocketed due to their borrowers becoming unable to repay debt obligations. In addition, during a time when the cost of funding rose sharply due to credit availability disappearing, banks wrote off billions of dollars worth of assets as values depreciated. Looking ahead, banks operating in developed economies are expected to perform better as deferred business and capital expenditure moves forward. Banks in emerging markets held up well during the crisis, and opportunities exist for large global banks operating in mature markets to expand into these regions and benefit from the growth that is expected to occur in the coming five years... read more
Industry Key Buyers
The Global Commercial Banks industry displays low concentration, with the four largest players accounting for about 6.2% of revenue in 2013. Due to the sheer size of the industry and the revenue generated by thousands of industry players, the relative share of each industry player is minimal. The four largest companies are truly global in their operations; however, the thousands of other operators make them appear to have a relatively small status.
The financial crisis has led a number of major corporations to either lose or gain market share. The global financial crisis severely affected Citigroup, which once held the top position in the industry, and its market share has declined in the five years to 2013... read more