volume 21, issue 2, P195-207 2013
DOI: 10.1108/mbr-03-2013-0013
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J. François Outreville

Abstract: PurposeThe purpose of this paper is to examine where large financial firms are expanding their operations, including financial firms from emerging economies. This paper has two objectives. The first is the documentation of the relative importance of the largest financial groups in emerging countries. The second objective is to describe the regional nature of financial firms.Design/methodology/approachThe analysis of the internationalization process of these groups is based on a list of top 50 financial groups …

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