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SNL Financial: HSBC remains firmly atop European bank market cap ranking

HSBC Holdings, Banco Santander, Lloyds Banking Group and BNP Paribas held on to their top positions in SNL Financial’s new league table of Europe’s 20 largest banks by market capitalization.

At €150.64 billion as of Dec. 31, 2014, HSBC’s market cap rose 6.60% from June 30, 2014, with its stock price increasing approximately 6% in the second half.

Santander hung on to its No. 2 spot despite a market cap decrease of 1.91% between June 30 and Dec. 31, during which time the Spanish lender’s stock price fell 8%. In early January 2015, it completed a €7.5 billion capital increase.

With a market cap of €58.24 billion as of Dec. 31, Royal Bank of Scotland Group Plc moved up to fifth place in the table, from seventh place as of June 30.

Next Finance , February 2015

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