Europe does not have continent-scale banks. It has a few players who dabble their toes in multiple countries. From a quick investigation I can't see any bank t

Europe does not have continent-scale banks. It has a few players who dabble their toes in multiple countries. From a quick investigation I can't see any bank that operates branches in all three of the largest countries (France, Germany and Italy), never mind all 27 member states. And those that do operate in many countries (HSBC must have the most) can have their local subsidiaries insured by the appropriate countries, just as they are insured by the FDIC when they open branches and take deposits in the US.