Our overview of current developments in the global banking market

With zeb.market.flash, zeb publishes a quarterly, up-to-date overview of the performance of the world’s largest banks.

Click here for the current issue with the following focus topic:
Issue 49 | July 15, 2024 | On track for success but complex subjects ahead

This issue of our zeb.market.flash gives you a concise overview of the most important developments in the global banking market in Q2 2024. Additionally,  see this issue’s special topic on the ESG transformation of banks.  

And here is what this issue is all about:

Stabilization of the successful start into 2024

• With EUR 6.5 bn, the market cap of global top 100 banks stabilizes slightly above the previous quarter’s record value.
• Western European credit institutions once again outperformed their U.S. peers in terms of profitability, exhibiting an ROE of 13.5% in Q1 24.

ECB starts rate-cutting while U.S. Fed rate is untouched

• In Q2 24, inflation is expected to further decrease in Western Europe and Germany, reaching levels of 2.3% YoY and 2.6% YoY, respectively.
• Long-term yields in the euro area and the U.S. shifted upwards in Q2 24 in light of the still high level of uncertainty regarding future inflation.

ESG transformation proceeding but still ongoing

• Regulatory and political initiatives but also customers and investors have increased the demands on banks in recent years regarding ESG.
• In zeb’s newest study, we look at three key questions: What is the maturity level of banks regarding the sustainability transformation. What challenges do they face? And how do these issues relate to the various areas of a bank?  

You don't want to miss an issue and receive the zeb.market.flash by e-mail at the beginning of each quarter? Sign up here for our zeb.market.flash newsletter.