This paper aims to unravel the impacts of the global economic crisis upon European banking centres on the basis of the evolution of key economic indicators, such as total assets, profitability and the level of risk to the banking sector over the 2004–2015 period. Counterintuitively, the European leading banking centres (London, Paris and Frankfurt), despite their extensive exposure to capital markets, displayed a high level of resilience, which contrasts with the evolution of the other major Western European centres, which clearly lagged behind the European leaders. From a macro-regional perspective, banking centres in Western Europe exhibited the first signals of both the crisis and the recovery, which were subsequently diffused across Europe. Surprisingly, the profitability of low-ranking banking centres in Central and Eastern Europe remained the highest over the whole 2004–2015 period, as these banks operate predominantly within a regional (national) market. Overall, during the 2004–2015 period, London, Paris and Frankfurt clearly strengthened their dominance among European banking centres.

中文翻译：

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全球经济危机及其后果对欧洲银行业中心的影响

本文旨在根据 2004 年至 2015 年期间总资产、盈利能力和银行业风险水平等关键经济指标的演变，阐明全球经济危机对欧洲银行业中心的影响。与直觉相反，欧洲领先的银行中心（伦敦、巴黎和法兰克福）尽管广泛接触资本市场，但表现出高度的弹性，这与其他主要西欧中心的演变形成鲜明对比，后者显然落后于欧洲领导人. 从宏观区域的角度来看，西欧的银行业中心显示出危机和复苏的最初信号，随后在整个欧洲扩散。出奇，在整个 2004 年至 2015 年期间，中欧和东欧低级别银行中心的盈利能力仍然是最高的，因为这些银行主要在区域（国家）市场内运营。总体而言，在 2004-2015 年期间，伦敦、巴黎和法兰克福明显加强了它们在欧洲银行业中心的主导地位。