International banking in London, 1975-85

Quarterly Bulletin 1986 Q3
Published on 01 September 1986

Using the comprehensive statistics available since the mid-seventies, this article reviews international banking in the United Kingdom in the decade to 1985.

  • Despite the growth of new competitors, the United Kingdom has retained a leading role in the international banking markets, particularly in eurocurrency activity.

  • While the number of banks represented in London has grown considerably, most of the international business continues to be booked by a small number of large banks.

  • Developments in London fully reflect the more general expansion of Japanese banks in the international arena, and the corresponding reduction in American banks' involvement.

PDFInternational banking in London, 1975-85

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