TABLE OF CONTENTS
EXECUTIVE SUMMARY 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Introduction 17
What is this report about? 17
Who is the target reader? 17
How to use this report 17
Definitions 17
Global Banks 18
Market Overview 18
Market Data 19
Market Segmentation 20
Market outlook 22
Five forces analysis 23
Leading companies 29
Banks in Asia-Pacific 43
Market Overview 43
Market Data 44
Market Segmentation 45
Market outlook 47
Five forces analysis 48
Leading companies 54
Banks in Europe 68
Market Overview 68
Market Data 69
Market Segmentation 70
Market outlook 72
Five forces analysis 73
Leading companies 79
Banks in France 95
Market Overview 95
Market Data 96
Market Segmentation 97
Market outlook 99
Five forces analysis 100
Leading companies 106
Macroeconomic indicators 118
Banks in Germany 120
Market Overview 120
Market Data 121
Market Segmentation 122
Market outlook 124
Five forces analysis 125
Leading companies 131
Macroeconomic indicators 145
Banks in Japan 147
Market Overview 147
Market Data 148
Market Segmentation 149
Market outlook 151
Five forces analysis 152
Leading companies 158
Macroeconomic indicators 172
Banks in The United Kingdom 174
Market Overview 174
Market Data 175
Market Segmentation 176
Market outlook 178
Five forces analysis 179
Leading companies 186
Macroeconomic indicators 200
Banks in The United States 202
Market Overview 202
Market Data 203
Market Segmentation 204
Market outlook 206
Five forces analysis 207
Leading companies 214
Macroeconomic indicators 228
Appendix 230
Methodology 230
LIST OF TABLES
Table 1: Global banks sector value: $ billion, 2007–11 19
Table 2: Global banks sector category segmentation: $ billion, 2011 20
Table 3: Global banks sector geography segmentation: $ billion, 2011 21
Table 4: Global banks sector value forecast: $ billion, 2011–16 22
Table 5: Bank of America Corporation: key facts 29
Table 6: Bank of America Corporation: key financials ($) 30
Table 7: Bank of America Corporation: key financial ratios 31
Table 8: Citigroup Inc.: key facts 33
Table 9: Citigroup Inc.: key financials ($) 33
Table 10: Citigroup Inc.: key financial ratios 34
Table 11: HSBC Holdings plc: key facts 36
Table 12: HSBC Holdings plc: key financials ($) 37
Table 13: HSBC Holdings plc: key financial ratios 37
Table 14: JP Morgan Chase & Co: key facts 39
Table 15: JP Morgan Chase & Co: key financials ($) 41
Table 16: JP Morgan Chase & Co: key financial ratios 41
Table 17: Asia-Pacific banks sector value: $ billion, 2007–11 44
Table 18: Asia–Pacific banks sector category segmentation: $ billion, 2011 45
Table 19: Asia–Pacific banks sector geography segmentation: $ billion, 2011 46
Table 20: Asia-Pacific banks sector value forecast: $ billion, 2011–16 47
Table 21: Agricultural Bank of China: key facts 54
Table 22: Agricultural Bank of China: key financials ($) 55
Table 23: Agricultural Bank of China: key financials (CNY) 55
Table 24: Agricultural Bank of China: key financial ratios 55
Table 25: Industrial and Commercial Bank of China Limited: key facts 57
Table 26: Industrial and Commercial Bank of China Limited: key financials ($) 58
Table 27: Industrial and Commercial Bank of China Limited: key financials (CNY) 58
Table 28: Industrial and Commercial Bank of China Limited: key financial ratios 58
Table 29: Mitsubishi UFJ Financial Group, Inc.: key facts 60
Table 30: Mitsubishi UFJ Financial Group, Inc.: key financials ($) 62
Table 31: Mitsubishi UFJ Financial Group, Inc.: key financials (¥) 62
Table 32: Mitsubishi UFJ Financial Group, Inc.: key financial ratios 62
Table 33: Mizuho Financial Group: key facts 64
Table 34: Mizuho Financial Group: key financials ($) 65
Table 35: Mizuho Financial Group: key financials (¥) 65
Table 36: Mizuho Financial Group: key financial ratios 66
Table 37: Europe banks sector value: $ billion, 2007–11 69
Table 38: Europe banks sector category segmentation: $ billion, 2011 70
Table 39: Europe banks sector geography segmentation: $ billion, 2011 71
Table 40: Europe banks sector value forecast: $ billion, 2011–16 72
Table 41: Deutsche Bank AG: key facts 79
Table 42: Deutsche Bank AG: key financials ($) 81
Table 43: Deutsche Bank AG: key financials (€) 81
Table 44: Deutsche Bank AG: key financial ratios 82
Table 45: Royal Bank of Scotland Group PLC: key facts 84
Table 46: Royal Bank of Scotland Group PLC: key financials ($) 85
Table 47: Royal Bank of Scotland Group PLC: key financials (£) 85
Table 48: Royal Bank of Scotland Group PLC: key financial ratios 86
Table 49: Banco Santander, S.A.: key facts 88
Table 50: Banco Santander, S.A.: key financials ($) 89
Table 51: Banco Santander, S.A.: key financials (€) 90
Table 52: Banco Santander, S.A.: key financial ratios 90
Table 53: UniCredit Group: key facts 92
Table 54: UniCredit Group: key financials ($) 93
Table 55: UniCredit Group: key financials (€) 93
Table 56: UniCredit Group: key financial ratios 93
Table 57: France banks sector value: $ billion, 2007–11 96
Table 58: France banks sector category segmentation: $ billion, 2011 97
Table 59: France banks sector geography segmentation: $ billion, 2011 98
Table 60: France banks sector value forecast: $ billion, 2011–16 99
Table 61: BNP Paribas Group: key facts 106
Table 62: BNP Paribas Group: key financials ($) 107
Table 63: BNP Paribas Group: key financials (€) 107
Table 64: BNP Paribas Group: key financial ratios 107
Table 65: Crédit Agricole Group: key facts 109
Table 66: Crédit Agricole Group: key financials ($) 111
Table 67: Crédit Agricole Group: key financials (€) 111
Table 68: Crédit Agricole Group: key financial ratios 111
Table 69: Groupe BPCE: key facts 113
Table 70: Societe Generale: key facts 114
Table 71: Societe Generale: key financials ($) 115
Table 72: Societe Generale: key financials (€) 115
Table 73: Societe Generale: key financial ratios 116
Table 74: France size of population (million), 2007–11 118
Table 75: France gdp (constant 2000 prices, $ billion), 2007–11 118
Table 76: France gdp (current prices, $ billion), 2007–11 118
Table 77: France inflation, 2007–11 119
Table 78: France consumer price index (absolute), 2007–11 119
Table 79: France exchange rate, 2007–11 119
Table 80: Germany banks sector value: $ billion, 2007–11 121
Table 81: Germany banks sector category segmentation: $ billion, 2011 122
Table 82: Germany banks sector geography segmentation: $ billion, 2011 123
Table 83: Germany banks sector value forecast: $ billion, 2011–16 124
Table 84: Bayerische Landesbank: key facts 131
Table 85: Commerzbank AG: key facts 133
Table 86: Commerzbank AG: key financials ($) 134
Table 87: Commerzbank AG: key financials (€) 135
Table 88: Commerzbank AG: key financial ratios 135
Table 89: Deutsche Bank AG: key facts 137
Table 90: Deutsche Bank AG: key financials ($) 139
Table 91: Deutsche Bank AG: key financials (€) 139
Table 92: Deutsche Bank AG: key financial ratios 140
Table 93: DZ BANK AG: key facts 142
Table 94: DZ BANK AG: key financials ($) 143
Table 95: DZ BANK AG: key financials (€) 143
Table 96: DZ BANK AG: key financial ratios 143
Table 97: Germany size of population (million), 2007–11 145
Table 98: Germany gdp (constant 2000 prices, $ billion), 2007–11 145
Table 99: Germany gdp (current prices, $ billion), 2007–11 145
Table 100: Germany inflation, 2007–11 146
Table 101: Germany consumer price index (absolute), 2007–11 146
Table 102: Germany exchange rate, 2007–11 146
Table 103: Japan banks sector value: $ billion, 2007–11 148
Table 104: Japan banks sector category segmentation: $ billion, 2011 149
Table 105: Japan banks sector geography segmentation: $ billion, 2011 150
Table 106: Japan banks sector value forecast: $ billion, 2011–16 151
Table 107: Mitsubishi UFJ Financial Group, Inc.: key facts 158
Table 108: Mitsubishi UFJ Financial Group, Inc.: key financials ($) 160
Table 109: Mitsubishi UFJ Financial Group, Inc.: key financials (¥) 160
Table 110: Mitsubishi UFJ Financial Group, Inc.: key financial ratios 160
Table 111: Mizuho Financial Group: key facts 162
Table 112: Mizuho Financial Group: key financials ($) 163
Table 113: Mizuho Financial Group: key financials (¥) 163
Table 114: Mizuho Financial Group: key financial ratios 164
Table 115: Nomura Holdings, Inc.: key facts 166
Table 116: Nomura Holdings, Inc.: key financials ($) 167
Table 117: Nomura Holdings, Inc.: key financials (¥) 167
Table 118: Nomura Holdings, Inc.: key financial ratios 167
Table 119: Sumitomo Mitsui Financial Group, Inc.: key facts 169
Table 120: Sumitomo Mitsui Financial Group, Inc.: key financials ($) 170
Table 121: Sumitomo Mitsui Financial Group, Inc.: key financials (¥) 170
Table 122: Sumitomo Mitsui Financial Group, Inc.: key financial ratios 170
Table 123: Japan size of population (million), 2007–11 172
Table 124: Japan gdp (constant 2000 prices, $ billion), 2007–11 172
Table 125: Japan gdp (current prices, $ billion), 2007–11 172
Table 126: Japan inflation, 2007–11 173
Table 127: Japan consumer price index (absolute), 2007–11 173
Table 128: Japan exchange rate, 2007–11 173
Table 129: United Kingdom banks sector value: $ billion, 2007–11 175
Table 130: United Kingdom banks sector category segmentation: $ billion, 2011 176
Table 131: United Kingdom banks sector geography segmentation: $ billion, 2011 177
Table 132: United Kingdom banks sector value forecast: $ billion, 2011–16 178
Table 133: Barclays PLC: key facts 186
Table 134: Barclays PLC: key financials ($) 187
Table 135: Barclays PLC: key financials (£) 188
Table 136: Barclays PLC: key financial ratios 188
Table 137: HSBC Holdings plc: key facts 190
Table 138: HSBC Holdings plc: key financials ($) 191
Table 139: HSBC Holdings plc: key financial ratios 191
Table 140: Lloyds Banking Group plc: key facts 193
Table 141: Lloyds Banking Group plc: key financials ($) 194
Table 142: Lloyds Banking Group plc: key financials (£) 194
Table 143: Lloyds Banking Group plc: key financial ratios 194
Table 144: Royal Bank of Scotland Group PLC: key facts 196
Table 145: Royal Bank of Scotland Group PLC: key financials ($) 197
Table 146: Royal Bank of Scotland Group PLC: key financials (£) 197
Table 147: Royal Bank of Scotland Group PLC: key financial ratios 198
Table 148: United Kingdom size of population (million), 2007–11 200
Table 149: United Kingdom gdp (constant 2000 prices, $ billion), 2007–11 200
Table 150: United Kingdom gdp (current prices, $ billion), 2007–11 200
Table 151: United Kingdom inflation, 2007–11 201
Table 152: United Kingdom consumer price index (absolute), 2007–11 201
Table 153: United Kingdom exchange rate, 2007–11 201
Table 154: United States banks sector value: $ billion, 2007–11 203
Table 155: United States banks sector category segmentation: $ billion, 2011 204
Table 156: United States banks sector geography segmentation: $ billion, 2011 205
Table 157: United States banks sector value forecast: $ billion, 2011–16 206
Table 158: Bank of America Corporation: key facts 214
Table 159: Bank of America Corporation: key financials ($) 215
Table 160: Bank of America Corporation: key financial ratios 216
Table 161: Citigroup Inc.: key facts 218
Table 162: Citigroup Inc.: key financials ($) 218
Table 163: Citigroup Inc.: key financial ratios 219
Table 164: JP Morgan Chase & Co: key facts 221
Table 165: JP Morgan Chase & Co: key financials ($) 223
Table 166: JP Morgan Chase & Co: key financial ratios 223
Table 167: Wells Fargo & Company: key facts 225
Table 168: Wells Fargo & Company: key financials ($) 226
Table 169: Wells Fargo & Company: key financial ratios 226
Table 170: United States size of population (million), 2007–11 228
Table 171: United States gdp (constant 2000 prices, $ billion), 2007–11 228
Table 172: United States gdp (current prices, $ billion), 2007–11 228
Table 173: United States inflation, 2007–11 229
Table 174: United States consumer price index (absolute), 2007–11 229
Table 175: United States exchange rate, 2007–11 229
LIST OF FIGURES
Figure 1: Global banks sector value: $ billion, 2007–11 19
Figure 2: Global banks sector category segmentation: % share, by value, 2011 20
Figure 3: Global banks sector geography segmentation: % share, by value, 2011 21
Figure 4: Global banks sector value forecast: $ billion, 2011–16 22
Figure 5: Forces driving competition in the global banks sector, 2011 23
Figure 6: Drivers of buyer power in the global banks sector, 2011 24
Figure 7: Drivers of supplier power in the global banks sector, 2011 25
Figure 8: Factors influencing the likelihood of new entrants in the global banks sector, 2011 26
Figure 9: Factors influencing the threat of substitutes in the global banks sector, 2011 27
Figure 10: Drivers of degree of rivalry in the global banks sector, 2011 28
Figure 11: Bank of America Corporation: revenues & profitability 31
Figure 12: Bank of America Corporation: assets & liabilities 32
Figure 13: Citigroup Inc.: revenues & profitability 34
Figure 14: Citigroup Inc.: assets & liabilities 35
Figure 15: HSBC Holdings plc: revenues & profitability 37
Figure 16: HSBC Holdings plc: assets & liabilities 38
Figure 17: JP Morgan Chase & Co: revenues & profitability 41
Figure 18: JP Morgan Chase & Co: assets & liabilities 42
Figure 19: Asia-Pacific banks sector value: $ billion, 2007–11 44
Figure 20: Asia–Pacific banks sector category segmentation: % share, by value, 2011 45
Figure 21: Asia–Pacific banks sector geography segmentation: % share, by value, 2011 46
Figure 22: Asia-Pacific banks sector value forecast: $ billion, 2011–16 47
Figure 23: Forces driving competition in the banks sector in Asia-Pacific, 2011 48
Figure 24: Drivers of buyer power in the banks sector in Asia-Pacific, 2011 49
Figure 25: Drivers of supplier power in the banks sector in Asia-Pacific, 2011 50
Figure 26: Factors influencing the likelihood of new entrants in the banks sector in Asia-Pacific, 2011 51
Figure 27: Factors influencing the threat of substitutes in the banks sector in Asia-Pacific, 2011 52
Figure 28: Drivers of degree of rivalry in the banks sector in Asia-Pacific, 2011 53
Figure 29: Agricultural Bank of China: revenues & profitability 56
Figure 30: Agricultural Bank of China: assets & liabilities 56
Figure 31: Industrial and Commercial Bank of China Limited: revenues & profitability 59
Figure 32: Industrial and Commercial Bank of China Limited: assets & liabilities 59
Figure 33: Mitsubishi UFJ Financial Group, Inc.: revenues & profitability 63
Figure 34: Mitsubishi UFJ Financial Group, Inc.: assets & liabilities 63
Figure 35: Mizuho Financial Group: revenues & profitability 66
Figure 36: Mizuho Financial Group: assets & liabilities 67
Figure 37: Europe banks sector value: $ billion, 2007–11 69
Figure 38: Europe banks sector category segmentation: % share, by value, 2011 70
Figure 39: Europe banks sector geography segmentation: % share, by value, 2011 71
Figure 40: Europe banks sector value forecast: $ billion, 2011–16 72
Figure 41: Forces driving competition in the banks sector in Europe, 2011 73
Figure 42: Drivers of buyer power in the banks sector in Europe, 2011 74
Figure 43: Drivers of supplier power in the banks sector in Europe, 2011 75
Figure 44: Factors influencing the likelihood of new entrants in the banks sector in Europe, 2011 76
Figure 45: Factors influencing the threat of substitutes in the banks sector in Europe, 2011 77
Figure 46: Drivers of degree of rivalry in the banks sector in Europe, 2011 78
Figure 47: Deutsche Bank AG: revenues & profitability 82
Figure 48: Deutsche Bank AG: assets & liabilities 83
Figure 49: Royal Bank of Scotland Group PLC: revenues & profitability 86
Figure 50: Royal Bank of Scotland Group PLC: assets & liabilities 87
Figure 51: Banco Santander, S.A.: revenues & profitability 90
Figure 52: Banco Santander, S.A.: assets & liabilities 91
Figure 53: UniCredit Group: revenues & profitability 94
Figure 54: UniCredit Group: assets & liabilities 94
Figure 55: France banks sector value: $ billion, 2007–11 96
Figure 56: France banks sector category segmentation: % share, by value, 2011 97
Figure 57: France banks sector geography segmentation: % share, by value, 2011 98
Figure 58: France banks sector value forecast: $ billion, 2011–16 99
Figure 59: Forces driving competition in the banks sector in France, 2011 100
Figure 60: Drivers of buyer power in the banks sector in France, 2011 101
Figure 61: Drivers of supplier power in the banks sector in France, 2011 102
Figure 62: Factors influencing the likelihood of new entrants in the banks sector in France, 2011 103
Figure 63: Factors influencing the threat of substitutes in the banks sector in France, 2011 104
Figure 64: Drivers of degree of rivalry in the banks sector in France, 2011 105
Figure 65: BNP Paribas Group: revenues & profitability 108
Figure 66: BNP Paribas Group: assets & liabilities 108
Figure 67: Crédit Agricole Group: revenues & profitability 112
Figure 68: Crédit Agricole Group: assets & liabilities 112
Figure 69: Societe Generale: revenues & profitability 116
Figure 70: Societe Generale: assets & liabilities 117
Figure 71: Germany banks sector value: $ billion, 2007–11 121
Figure 72: Germany banks sector category segmentation: % share, by value, 2011 122
Figure 73: Germany banks sector geography segmentation: % share, by value, 2011 123
Figure 74: Germany banks sector value forecast: $ billion, 2011–16 124
Figure 75: Forces driving competition in the banks sector in Germany, 2011 125
Figure 76: Drivers of buyer power in the banks sector in Germany, 2011 126
Figure 77: Drivers of supplier power in the banks sector in Germany, 2011 127
Figure 78: Factors influencing the likelihood of new entrants in the banks sector in Germany, 2011 128
Figure 79: Factors influencing the threat of substitutes in the banks sector in Germany, 2011 129
Figure 80: Drivers of degree of rivalry in the banks sector in Germany, 2011 130
Figure 81: Commerzbank AG: revenues & profitability 135
Figure 82: Commerzbank AG: assets & liabilities 136
Figure 83: Deutsche Bank AG: revenues & profitability 140
Figure 84: Deutsche Bank AG: assets & liabilities 141
Figure 85: DZ BANK AG: revenues & profitability 144
Figure 86: DZ BANK AG: assets & liabilities 144
Figure 87: Japan banks sector value: $ billion, 2007–11 148
Figure 88: Japan banks sector category segmentation: % share, by value, 2011 149
Figure 89: Japan banks sector geography segmentation: % share, by value, 2011 150
Figure 90: Japan banks sector value forecast: $ billion, 2011–16 151
Figure 91: Forces driving competition in the banks sector in Japan, 2011 152
Figure 92: Drivers of buyer power in the banks sector in Japan, 2011 153
Figure 93: Drivers of supplier power in the banks sector in Japan, 2011 154
Figure 94: Factors influencing the likelihood of new entrants in the banks sector in Japan, 2011 155
Figure 95: Factors influencing the threat of substitutes in the banks sector in Japan, 2011 156
Figure 96: Drivers of degree of rivalry in the banks sector in Japan, 2011 157
Figure 97: Mitsubishi UFJ Financial Group, Inc.: revenues & profitability 161
Figure 98: Mitsubishi UFJ Financial Group, Inc.: assets & liabilities 161
Figure 99: Mizuho Financial Group: revenues & profitability 164
Figure 100: Mizuho Financial Group: assets & liabilities 165
Figure 101: Nomura Holdings, Inc.: revenues & profitability 168
Figure 102: Nomura Holdings, Inc.: assets & liabilities 168
Figure 103: Sumitomo Mitsui Financial Group, Inc.: revenues & profitability 171
Figure 104: Sumitomo Mitsui Financial Group, Inc.: assets & liabilities 171
Figure 105: United Kingdom banks sector value: $ billion, 2007–11 175
Figure 106: United Kingdom banks sector category segmentation: % share, by value, 2011 176
Figure 107: United Kingdom banks sector geography segmentation: % share, by value, 2011 177
Figure 108: United Kingdom banks sector value forecast: $ billion, 2011–16 178
Figure 109: Forces driving competition in the banks sector in the United Kingdom, 2011 179
Figure 110: Drivers of buyer power in the banks sector in the United Kingdom, 2011 180
Figure 111: Drivers of supplier power in the banks sector in the United Kingdom, 2011 181
Figure 112: Factors influencing the likelihood of new entrants in the banks sector in the United Kingdom, 2011 182
Figure 113: Factors influencing the threat of substitutes in the banks sector in the United Kingdom, 2011 183
Figure 114: Drivers of degree of rivalry in the banks sector in the United Kingdom, 2011 184
Figure 115: Barclays PLC: revenues & profitability 188
Figure 116: Barclays PLC: assets & liabilities 189
Figure 117: HSBC Holdings plc: revenues & profitability 191
Figure 118: HSBC Holdings plc: assets & liabilities 192
Figure 119: Lloyds Banking Group plc: revenues & profitability 195
Figure 120: Lloyds Banking Group plc: assets & liabilities 195
Figure 121: Royal Bank of Scotland Group PLC: revenues & profitability 198
Figure 122: Royal Bank of Scotland Group PLC: assets & liabilities 199
Figure 123: United States banks sector value: $ billion, 2007–11 203
Figure 124: United States banks sector category segmentation: % share, by value, 2011 204
Figure 125: United States banks sector geography segmentation: % share, by value, 2011 205
Figure 126: United States banks sector value forecast: $ billion, 2011–16 206
Figure 127: Forces driving competition in the banks sector in the United States, 2011 207
Figure 128: Drivers of buyer power in the banks sector in the United States, 2011 208
Figure 129: Drivers of supplier power in the banks sector in the United States, 2011 209
Figure 130: Factors influencing the likelihood of new entrants in the banks sector in the United States, 2011 210
Figure 131: Factors influencing the threat of substitutes in the banks sector in the United States, 2011 211
Figure 132: Drivers of degree of rivalry in the banks sector in the United States, 2011 212
Figure 133: Bank of America Corporation: revenues & profitability 216
Figure 134: Bank of America Corporation: assets & liabilities 217
Figure 135: Citigroup Inc.: revenues & profitability 219
Figure 136: Citigroup Inc.: assets & liabilities 220
Figure 137: JP Morgan Chase & Co: revenues & profitability 223
Figure 138: JP Morgan Chase & Co: assets & liabilities 224
Figure 139: Wells Fargo & Company: revenues & profitability 226
Figure 140: Wells Fargo & Company: assets & liabilities 227
