I remember some years ago that French president Nicolas Sarkozy wanted to bring in a law that would force call centre operators to tell French citizens where they were located, due to the backlash over offshoring. I wonder what he would make of today’s world, in which most European banks have given all their data to the Americans?
This question cropped up when I stumbled across a survey of some of the largest European banks and their cloud usage by Bloomberg in March 2020. The survey found that two-thirds of these banks are actively using cloud services, and that these services are all controlled by large US providers. Microsoft is in first place, followed closely by Amazon, Google, IBM, Salesforce and NetApp.
