摘要: The financial crisis had a major impact on the banking landscape. As troubled banks were rescued by their home country, question arises what happened to cross-border banking. Our findings indicate that remains strong within Europe; Single Market in Banking is still place. While aggregate figures constant high levels of penetration Europe, some individual markets have witnessed shift. With demise Fortis, from EU countries fell back 7 percent Netherlands. By contrast, rose 54 Belgium. More broadly, American also kept international orientation, while Asian-Pacific became even more domestically oriented.