As Despite considerable hype over globalisation and expansion abroad, for most banks around the world, there is no place like home. While many of the world's largest banks are actively acquiring assets outside their borders, The Banker's latest global banking survey shows a surprisingly similar result over recent years - only approximately 30 banks worldwide have more than one-third of their total assets outside their domestic base.
So while, for example, the bulk of banking assets in central Europe are now foreign owned and a large proportion of the Latin American banking market is in Spanish or other foreign hands, the ultimate owners tend to be rooted in their home markets.
