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Hard to draw conclusions without knowing the sizes of those banks. For example the 16 Spanish participating banks might be smaller or equivalent to the few Fren
by mojuba 5y ago
Hard to draw conclusions without knowing the sizes of those banks. For example the 16 Spanish participating banks might be smaller or equivalent to the few French and German ones (likely true actually).
- bildung 5y agoCan only speak for Germany, but those 3 are certainly huge. Probably 2/3 of all bank accounts in Germany.
- pdpi 5y agoThe bigger Spanish banks are surprisingly large. Going by Wikipedia[0], there's three Spanish banks in the top 20 largest in Europe, and only one German bank. And Santander is a chunk bigger than Deutsche at that. In fact, when measured by revenue, Santander is about as big as BNP. Sizes aside, the fact that Spain got this many banks on board this project is in and of itself pretty noteworthy. The fact that there are so few participating countries is also pretty interesting. 0. https://en.wikipedia.org/wiki/List_of_banks_in_Europe#Largest_banks_in_Europe https://en.wikipedia.org/wiki/List_of_banks_in_Europe#Larges...