Possibility of a European Megabank merger?
US BBs are dominating EU BBs, period. Current check up of notable EU BBs:
- Deutsche Bank is currently bleeding to death, like real bad. Losing tremendous market share in all areas of IB. On top of that, has a huge backlog of litigations pending (currently have 5b euro in litigation reserves, will likely need more).
- Barclays is pretty much cutting all IB divisions outside of the US and UK. Essentially non-existent in Asia now with all the cutting, but with that said, their US and UK IBD operations are solid.
- Credit Suisse had recently slaughtered their London office, and is essentially sharpening its focus on wealth management (in particular in Asia). Its US IBD is still v.strong though.
- UBS finished their slaughtering early on (2010 - 2012) and is predominantly a wealth management firm (i mean this in a good way). Slowly building up its IBD practice now, but still has a long way to go to get back to the big league.
Given the current status of these banks, what are your guys thoughts on the possibility of a merger between mega banks, perhaps to form a EU Investment banking champion? And if so, which banks would you say would be most likely to merge if this were to happen?
- CS acquiring DB?
- BARC acquiring DB?
- WF acquiring BARC?
lol
No
Soluta enim aperiam vero. Consectetur delectus veritatis dolores quo vel animi. Quaerat et in esse atque quia repudiandae.
Aspernatur velit ad temporibus provident cupiditate accusamus ex. Sint veniam assumenda voluptatem saepe ut iure illo. Nisi et illo dolore.
Quia id facere quos tenetur veritatis. Eius nam architecto non. Asperiores voluptatum quas quo quo earum quod deserunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Dolorem et id ut alias. Non et dolorum eius eos sapiente iste.
Rerum ex veniam quibusdam aut. Tenetur unde sint incidunt sit quia. Illum officiis sequi velit repellat. Alias ut quae aliquid aperiam accusamus accusamus voluptates.
Est in exercitationem aperiam possimus cupiditate ullam. Possimus quam dolores nemo aut ut omnis aut. Dolorem quia velit suscipit sunt.