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Top 1000 World Banks - Reduction in M&A activity sees fewer Top 1000 new entrants

New arrivals into the Top 1000 are at a decade low, with the total substantially down on 2018's list of banks that made the cut. Joy Macknight reports.
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The number of new arrivals in the 2019 Top 1000 World Banks ranking has reached the lowest level in more than a decade. Only 18 banks from 10 countries have made their first appearance in the global ranking, compared to 27 banks in the 2018 ranking and 52 in 2014.

US institutions are the most numerous in the new arrivals table, with a total of five banks, outpacing the Chinese banks, which have only two new players, down from five in 2018. Japan also contributes two banks to the table, while the UK registers three. Of the other six new entrants, two originate from Africa, two from central and eastern Europe, one from western Europe and one from Latin America.

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