The Top 1000 World Banks results show western Europe has suffered a 2.22 percentage point drop in its share of global net income
Western Europe’s banks have seen their share of global banking profits fall from 18.59% in 2019 to 16.37% in this year’s Top 1000 World Banks results. HSBC, Santander, Deutsche Bank and Société Générale are four notable examples of banks in the region to see substantial year on year falls in profit.
Asia-Pacific has seen its global share of profits increase to 43.51% from 41.74% last year. For other regions, global profit share has remained much the same; 26.43% for North America compared to 26.98% last year and 4.56% for the Middle East compared to 4.72% last year.
Africa, Central and Eastern Europe and Latin America and the Caribbean all saw slight uplifts in their global share of profits. Standing at 1.82%, 3.09% and 4.21% respectively this year, compared to 1.67%, 2.68% and 3.63% last year.
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