F. Murshudli, Ph.D. in Economics Investment Company “Caspian Capital”, Baku, Azerbaijan MODERN TRENDS OF DEVELOPMENT OF GLOBAL BANKS IN THE CONTEXTOF FINANCIAL GLOBALIZATION

The impact of financial globalization on the development of global banks is examined. The most significant of its manifestations in the world banking system are highlighted, in particular, such as the global consolidation of financial institutions and transnationalization of banking activity. Modern ratings of the largest banks in the world, implemented by reputable institutions and publications in the financial world, are analyzed. A holistic picture of the alignment of forces in the global banking system in the years of crisis and post-crisis period is presented.

Keywords: financial globalization, global banks, mergers and acquisitions, transnationalization of banking, rating, financial and economic crisis.

DOI: http://dx.doi.org/10.17721/1728-2667.2014/154-1/13

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