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Competing for Dominance in Global Banking

Author

Listed:
  • Sorin-George Toma

    (Faculty of Business and Administration, University of Bucharest, Romania)

  • Andra Modreanu

    (The Bucharest University of Economic Studies, Doctoral School of Business Administration, Romania)

Abstract

In the last decades, banking has become an impressive global affair. This changing orientation of the big banks’ activities has led to the expansion of their operations at a global scale but raised difficult issues related to their capacity to manage their liquidity and to face various financial shocks worldwide. The competition among global banks has become much more severe in recent years as customers expect higher confidence from them. This is why more and more banks should design and implement customer-centric business models, ensure a higher cybersecurity, and drive digitization across their whole organizations. The goal of the paper is to briefly analyze the competition among the largest banks of the world within the global banking system in the period 2020-2021 by taking into account their Tier 1 capital, assets and market capitalization. The paper concludes that the Chinese banks were the main actors in the global banking system in the period 2020-2021.

Suggested Citation

  • Sorin-George Toma & Andra Modreanu, 2022. "Competing for Dominance in Global Banking," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 227-233, Decembrie.
    • Handle: RePEc:ovi:oviste:v:xxii:y:2022:i:2:p:227-233
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    References listed on IDEAS

    as
    1. Juan M. Morelli & Pablo Ottonello & Diego J. Perez, 2022. "Global Banks and Systemic Debt Crises," Econometrica, Econometric Society, vol. 90(2), pages 749-798, March.
    2. Sorin-George Toma & Shinji Naruo, 2009. "Quality Assurance in the Japanese Universities," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 11(26), pages 574-584, June.
    3. Dragos TOHANEAN & Sorin-George TOMA & Ionel DUMITRU, 2018. "Organizational Performance and Digitalization in Industry 4.0," Journal of Emerging Trends in Marketing and Management, The Bucharest University of Economic Studies, vol. 1(1), pages 282-288, November.
    4. Sorin-George Toma & Paul Marinescu & Catalin Gradinaru, 2017. "In Search Of The Global Economic Supremacy: China Versus Usa," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 227-233, December.
    5. Nicola Cetorelli & Linda S. Goldberg, 2012. "Banking Globalization and Monetary Transmission," Journal of Finance, American Finance Association, vol. 67(5), pages 1811-1843, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    global banking; global banks; China; United States of America;
    All these keywords.

    JEL classification:

    • F3 - International Economics - - International Finance
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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