MOMENTUM FOR FURTHER EUROPEAN BANKING INTEGRATION

FOREWORD
This report was initiated by Oliver Wyman’s French
financial services team. It addresses the prospects
for consolidation in the European banking market,
as occurred in the US following the financial crisis.
It looks at what banks and legislators can do to
promote this goal. In preparing this report, we met
with senior bank executives and with French and
EU officials. We would like to thank them for their
valuable insights.

By design, the report concentrates on the role that
French banks might play in the consolidation of the
European market. Of course, some banks from other
European countries may also be well positioned to
lead cross border consolidation, but they are not the
concern of this report. Despite this French focus,
we are also publishing in English because many of
the issues raised are important for banks and policy
makers across the entire European banking market.

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