Abstract
The international banking system after the global crisis is a system different from the one before, as a result of the crisis itself and global developments (shifts in global economic power, demographic and social change, new regulations, advances in technology and new customer behaviors). This paper analyzes the developments in the banks’ business models, showing the diversity of them at the global level: from retail-funded and wholesale-funded commercial banking models to investment and digital banking business models. The study continues by presenting a performance assessment of top banks from 2008 to 2018 in terms of capital, assets and profit, using The Banker’s database. The results reveal that the international banking system has been reconfigured and it is no longer dominated by the United States but by the China, while Europe’s banks are starting now to recover.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Ayadi, R., De Groen, W.: Banking Business Models Monitor 2014—Europe, CEPS (2014)
Ayadi, R., De Groen, W., Sassi, I., Mathlouthi, W., Rey, H., Aubry, O.: Banking Business Models Monitor 2015—Europe, CEPS (2016), https://www.ceps.eu/system/files/Banking-Business-Models-Monitor-Europe-2015.pdf. Last Accessed 5 Apr 2018
Barquin, S., Vinayak, H.V.: Building a Digital-Banking Business, April 2016, https://www.mckinsey.com/industries/financial-services/our-insights/building-a-digital-banking-business. Last Accessed 14 Feb 2018
BIS.: Structural Changes in Banking after the Crisis, CGFS Papers no. 60 (2018)
Bratu, R.: Crisis and Regulation of Financial—Banking Activity, Lambert Academic Publishing (2016)
Business Insider.: The Future of Banking: Growth of Innovative Banking Fintech Services, 15 Dec 2016, http://www.businessinsider.com/the-future-of-banking-growth-of-innovative-banking-fintech-services-2016–12. Last Accessed 14 Feb 2018
Căpraru B.: International banking. Teorie și practici, ed. CH Beck, Bucharest (2011)
Draghi, M.: Introductory Statement at the European Parliament’s Economic and Monetary Affairs Committee, Brussels, 15 Feb 2016, https://www.bis.org/review/r160217c.pdf
Euromoney.: World’s best digital bank 2017: Citi, 6 July 2017, https://www.euromoney.com/article/b13pwgqqmt2fy6/world39s-best-digital-bank-2017-citi. Last Accessed 10 Apr 2018
Farkas, A.: EU Banks’ Business Models—Adapt to Thrive, Speech at the Deutsche Bundesbank Conference Bank Business Models—Structural Changes and Their Systemic Implications, Frankfurt (2018), https://www.eba.europa.eu/documents/10180/2133293/Adam+Farkas%27%20Speech+at+the+Deutsche+Bundesbank+Conference+-+Bank+business+models+-+Structural+changes+and+their+systemic+implications+20022018.pdf. Last Accessed 18 May 2018
Farne, M., Vouldis, A.: Business Models of the Banks in the Euro Area, ECB Working Paper Series, no. 2070 (2017)
Financial Times.: China Overtakes Eurozone as World’s Biggest Bank System, March 2017, https://www.ft.com/content/14f929de-ffc5-11e6-96f8-3700c5664d30. Last Accessed 18 Mar 2018
Gehrig, T.P.: Changing Business Models in Banking and Systemic Risk. In: Albach, H., Meffert, H., Pinkwart, A., Reichwald, H. (eds.) Management of Permanent Change in Firms and Markets, Springer, Berlin (2015)
Geva, B.: Banking in the Digital Age—Who Is Afraid of Payment Disintermediation? EBI Working Paper Series, no. 23 (2018)
Global Finance.: Best Digital Banks, September 2017, https://www.gfmag.com/magazine/september-2017/best-digital-banks-2017. Last Accessed 10 Apr 2018
Martel, M., Van Rixtel, A., Mota, E.G.: Business models of international banks in the wake of the 2007–2009 global financial crisis, Banco de Espana, Estabilidad financiera, no. 22, pp. 99–121 (2012), https://www.bde.es/f/webbde/GAP/Secciones/Publicaciones/InformesBoletinesRevistas/RevistaEstabilidadFinanciera/12/May/Fic/ref2012225.pdf. Last Accessed 15 Mar 2018
McCauley, R., Bénétrix, A., McGuire, P., Von Peter, G.: Financial Deglobalisation in Banking? BIS Working Papers, no. 650 (2017)
Peters, J.P., Duchesne, A.: Business Model Analysis—European Banking Sector Model in Question, Inside Magazine (2017), https://www2.deloitte.com/content/dam/Deloitte/lu/Documents/financial-services/Banking/lu-inside-business-model-analysis-banking-sector.pdf. Last Accessed 18 May 2018
PricewaterhouseCoopers.: Banking in 2015 (2011), https://www.pwc.com/jp/en/assurance/research-insights-report/assets/pdf/banking-in-2050-en.pdf. Last Accessed 18 May 2018
PricewaterhouseCoopers.: The Future Shape of Banking. Time for Reformation of Banking and Banks? (2014), https://www.pwc.com/im/en/publications/assets/pwc-the-future-shape-of-banking-v4.pdf. Last Accessed 18 May 2018
RFi Group.: Media Release—Banking Sector Continues to Evolve as Digital-Only Banks are Losing Appeal Globally, London, March 2018, https://www.rfigroup.com/content/media-release-banking-sector-continues-evolve-digital-only-banks-are-losing-appeal-globally. Last Accessed 10 Apr 2018
Roengpitya, R., Tarashev, N., Tsatsaronis, K.: Bank Business Models, BIS Quarterly Review, pp. 55–65 (2014)
Roengpitya, R., Tarashev, N., Tsatsaronis, K., Villegas, A.: Bank Business Models: Pop Larity and Performance, BIS Working Papers, no. 682 (2017)
Scardovi, C.: Restructuring and Innovation in Banking, SpringerBriefs in Finance. Springer, Berlin (2016)
The Banker.: Top 1000 World Banks, July 2010–2018, http://www.thebanker.com/
Toma, R.: International banking market and the financial crisis-winners and losers. Rev. Econ. 6(59), 83–87 (2011)
Wehinger, G.: Banking in a challenging environment: business models, ethics and approaches towards risks. OECD J.: Financ. Market Trends 2 (2013)
World Finance.: Top 5 Most Innovative Digital Banks, 3 April 2017, https://www.worldfinance.com/banking/top-five-most-innovative-digital-banks. Last Accessed 10 Apr 2018
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2018 Springer Nature Switzerland AG
About this paper
Cite this paper
Orăștean, R. (2018). Business Models in the International Banking System—From Traditional to Innovative Banks. In: Orăștean, R., Ogrean, C., Mărginean, S. (eds) Innovative Business Development—A Global Perspective. IECS 2018. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-01878-8_22
Download citation
DOI: https://doi.org/10.1007/978-3-030-01878-8_22
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-01877-1
Online ISBN: 978-3-030-01878-8
eBook Packages: Economics and FinanceEconomics and Finance (R0)