Chinese Bank Tops Global 1,000 Ranking For First Time

by
editors
A Chinese bank has topped a list of the world's top 1,000 banks for the first time, according to a survey.
Chinese Bank Tops Global 1,000 Ranking For First Time
 
 
A Chinese bank has topped a list of the world's top 1,000 banks for the first time, according to a survey.
 
ICBC moved up from third, switching places with last year's winner, Bank of America. JP Morgan remained second. The closely watched annual report by The Banker is based on a firm's Tier 1 capital, a key measurement of a bank's strength.
 
 
Read it on BBC