Fun fact for Jan: Rabobank means Dickbank in Spanish.
Why are so many spanish banks and italian banks so huge? Is there a reason behind this
ING is the biggest per capita
Monte dei Paschi di Siena still the oldest active bank in the world 💶
Well after all who invented banks?
It’s market cap, not size. It basically means that these banks are more profitable.
Banks from banana republics like Italy and Spain have profited from a combination of low interest rates on a lot of consumer savings, and outgoing loans they sell at relatively high interest rates (often with flexible rates even) given a riskier environment they give loans to. And all of that in a market with low inflation compared to Northern Europe, that left more room for margin.
Then at the same time, after the Euro crisis, most of these banks have cleaned up a lot of bad loans (which is an accomplishment). Some of them even introduced share buyback programs, further adding to their market cap.
During those same years, both France and Germany turned into the shitshow they are today.
But let’s be honest, we’re living in 2025. Why tf does the banking landscape in Europe still look like this? You can easily save tons of overhead (and hence, offer a better service at a lower price) by offering more integrated and pan-European banking services. Something that Pierre blocked back in 2006, as he just loves state-owned white collar firms. And something that is now one of the pillars of the (excellent) Draghi report.
Paribas is French?
🇬🇧HSBC $221bn
Well, after all modern banking emerged in Souther Europe – especially in Italy – during the Middle Ages
39 comments
Fun fact for Jan: Rabobank means Dickbank in Spanish.
Why are so many spanish banks and italian banks so huge? Is there a reason behind this
ING is the biggest per capita
Monte dei Paschi di Siena still the oldest active bank in the world 💶
Well after all who invented banks?
It’s market cap, not size. It basically means that these banks are more profitable.
Banks from banana republics like Italy and Spain have profited from a combination of low interest rates on a lot of consumer savings, and outgoing loans they sell at relatively high interest rates (often with flexible rates even) given a riskier environment they give loans to. And all of that in a market with low inflation compared to Northern Europe, that left more room for margin.
Then at the same time, after the Euro crisis, most of these banks have cleaned up a lot of bad loans (which is an accomplishment). Some of them even introduced share buyback programs, further adding to their market cap.
During those same years, both France and Germany turned into the shitshow they are today.
But let’s be honest, we’re living in 2025. Why tf does the banking landscape in Europe still look like this? You can easily save tons of overhead (and hence, offer a better service at a lower price) by offering more integrated and pan-European banking services. Something that Pierre blocked back in 2006, as he just loves state-owned white collar firms. And something that is now one of the pillars of the (excellent) Draghi report.
Paribas is French?
🇬🇧HSBC $221bn
Well, after all modern banking emerged in Souther Europe – especially in Italy – during the Middle Ages
HSBC beats you all https://simplywall.st/stocks/gb/banks/market-cap-large
Banco Santander total assets: 1.837 trillion €
BNP Paribas total assets: 2.70 trillion €
https://en.wikipedia.org/wiki/Banco_Santander
https://en.wikipedia.org/wiki/BNP_Paribas
Yeah but then rank them by total assets, the story’s gonna be different
That’s cool, I didn’t know Santander was Spanish
Rookie numbers boys
https://preview.redd.it/epqq254hkxlf1.png?width=2021&format=png&auto=webp&s=9f6e9662563eef2d1b57bc3aea4a4cdc1f0e5181
PIGS need large banks to contain all their debt
Danskebank has a market cap of €29B above 4 of the ones on this list..
HSBC (UK) beats the lot by over 60b, just saying.
CANTABRIA REPRESENTANDO 💢💢💢💢💢💢💢💢
You know Santander is big, because out of these, it’s the only non-Swedish (+Nordea, which apparently is Finnish) I’ve heard of.
damned brexit, we’d be #1
Okay but something tells me if Swiss and UK banks were included here they’d be up there…
And that’s assuming the Swiss banks aren’t hiding anything.
And the UK’s biggest dwarfs the EU’s biggest
r/brandnewsentence
We gave to commerzbank the opportunity to join a great pan European group but they prefer to stay small and local.
A recipe for disaster…
HSBC is bigger, but also TIL having banks that are ‘too big to fail’ is a good thing. Anyone remember the Icelandic fish fuckers’ banks?
BNP is biger than all those banks lol
Break them down
The Switzerland of Europe is Switzerland.
Por Dios, Pedro.
Why are we asking for gold back when you can just apply absurd interest rates to ship back to the motherland.
Well, better than to ship it to the gringos.
Well played.
Imagine mixing up EU and Europe just so the Union Jack isn’t at the top, small dick energy
I thought Switzerland was the Switzerland of *Europe*
I wouldn’t trust the Spanish with my money
DNB would Be in-between Comerzbank and Erste Group
Switzerland is the Switzerland of the Europe.
Spain and Italy can be Switzerland of the EU if they want to.
Yeah, at the cost of having 4 banks in the entire country… Competition? What is that?
1 -invent western europe
2- invent banks
3- live off of those for the next millenja
Finland gets to claim Nordea since their head office is located there. In all it’s a combine of both Swedish, Norwegian, Danish and Finnish banks.
common banco santander W
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