Brokerages in Europe
Abstract
Two financial centers for execution have emerged in Europe during the past decade: London and Switzerland (Geneva and Zurich). As part of this trend, most brokerages have developed pan-European capabilities centered around their London operations, and brokerage business has moved away from markets such as France and Germany.
In a new report, Brokerages in Europe, Celent looks at the brokerage industry in the leading capital markets of Europe. France, Germany, the UK, and Switzerland are the four largest markets in terms of the value of their asset management industries. This report examines some of the main characteristics of the market, along with the leading drivers of growth.
“Consolidation is expected to continue in the brokerage market,” says Anshuman Jaswal, Celent Senior Analyst and author of the report. “Regulation globally and across Europe will impact brokerages’ business models.”
This report discusses the leading retail and institutional brokerages, along with a description of the main asset classes that they cover and the revenue from their capital markets business. The brokerages are categorized on the basis of their institutional or retail coverage and their asset class coverage.