CEPS Project

Diversity and business models in the financial sectors in Europe and worldwide


The objective of this cooperation agreement is to carry out research and to organize jointly workshops on “diversity and business models in the financial sectors in Europe and worldwide” between CEPS and HEC Montréal. Both institutes will jointly develop a complete dataset on financial cooperatives and other types of financial institutions, and describe their business models.
Two joint workshops were co-organized in Brussels and Montréal in June and November 2014.
The report with the data set module on financial cooperatives and business models, entitled “Banking Business Models Monitor 2014: Europe” was published in October 2014: “CEPS and the International Observatory on Financial Services Cooperatives (IOFSC) at HEC Montreal have initiated an annual monitoring exercise on banking business models in the EU. Based on their balance sheet structures, 147 European banks that account for more than 80% of the industry assets were categorised in four business models. The Monitor emphasises the ownership structures and assesses the financial and economic performance, resilience and robustness, before, during and after the financial and economic crises across retail diversified-, retail focused-, investment-, and wholesale oriented banks. Inter alia, this edition of the Monitor finds that banks that engage more in traditional retail banking activities with a mix of funding sources fared well as compared to other bank models during the different phases of the crisis.”
An annual joint conference on bank business models monitoring was organised in November 2014.

Willem Pieter De Groen

Associate Senior Research Fellow