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 50 | October 17, 2024 | Interest rate turnaround 2.0 – banks need to adapt

This issue of our zeb.market.flash gives you a concise overview of the most important developments in the global banking market in Q3 2024. Additionally, see this issue’s special topic on the Biodiversity crisis. 

And here is what this issue is all about:

Robust US economy bolsters global capital markets

• The solid TSR performance of the global top 100 banks (TSR +4.6% QoQ) is driven primarily by banks from Western Europe (+5.0% QoQ).

• The increase in the price-to-book ratio (P/B ratio) of US banks (+0.06% QoQ) widened the gap to Western European competitors (+0.03x) in Q3 24.

US Fed follows ECB into interest rate turnaround

• In Q3 24, the inflation rate in Germany declined once again and, at 2.1% YoY, almost reached the target rate of 2%.

• The yield curves in both the euro and US dollar zones shifted downwards in Q3 24, with inversion decreasing at the same time.

Biodiversity crisis: an underestimated challenge

• The biodiversity crisis doesn’t announce itself with hurricanes and forest fires, but grows quietly and insidiously – which is what makes it so dangerous.

• Preserving species also means preserving collective prosperity – and banks play a key role in this.

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.