Spatial mapping of banking systems: understanding the finance-space nexus in Germany and the UK

Purpose In the aftermath of the Global Financial Crisis calls for the dismantling of too-big-to-fail institutions were widespread. Despite over a decade of regulatory reforms, there is limited empirical evidence regarding the downsizing of big banks in Europe. The purpose of this study is to examine how the spatial organization of banking headquarters in Germany and the UK shapes the finance–space nexus and influences broader patterns of financial resilience and regional development. Design/methodology/approach This paper introduces a novel data set and uses heatmaps to visually represent the spatial distribution of German and British banks’ headquarters. Findings The analysis underscores the significance of banking systems in the finance-space nexus. The German case, characterized by a stable three-tier banking structure, contrasts with the monolithic British banking centered in London. Originality/value This research contributes to understanding the evolving dynamics of European banking landscapes post-financial crisis.