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THE WORLD'S LARGEST BANKS! Some of the world's largest companies are banks. Based on data from a 2023 report by S&P Global, Visual Capitalist created this interesting graphic showing the world's 50 largest banks, by their total assets. China's prowess in the financial world is well documented, with the world's largest four banks being all Chinese, and having a combined asset of $19.8 trillion. The top 10 on the list include four Chinese banks, two American institutions, two French, one Japanese, and one British. Follow Relevance Asia for more such insights. #banks #largestbanks #banking #finance relevance

THE WORLD'S LARGEST BANKS! Incredibly, four of the world's largest banks are from China, and most average people across the world, who are not knowledgeable about the Banking industry, would not have even heard the names of any of them. Industrial and Commercial Bank of China China Construction Bank (Asia) Agricultural Bank of China Bank of China Their combined assets amount to $13.7 trillion! Phenomenal! #Banking #worldslargestbanks #banksneedbranding #finance #banks #insights

Unlike many Western countries that primarily use interest rates to control the economy, China's central bank employs a different approach known as quantity-based monetary policy. A new study found that this strategy leads to funding imbalances between state and non-state banks. State banks maintain a higher average asset base due to extensive branch networks. “We found that state banks act very conservatively when they have extra funds and are reluctant to lend or reallocate funds to other banks,” says Dan Luo, Assistant Professor in the Department of Finance at CUHK Business School. Consequently, non-state banks with fewer branches often face funding shortages and depend more on wholesale borrowing. To manage their liquidity and funding needs effectively, these banks turn to investment vehicles that pool money to invest in short-term, high-quality, low-risk financial instruments called money market mutual funds. Read more at https://lnkd.in/guGZwTAY #Banking #Finance #ChinaBanking #MonetaryPolicy #BusinessInsights

The Shift in #Banking Power: #China Overtakes the #US. - For the first time, 4 of the top 5 largest banks by total assets are Chinese, led by ICBC at $6.3 trillion. Meanwhile, U.S. giants like JPMorgan Chase and Bank of America lag behind, marking a clear power shift from the West to Asia. This data highlights the geographical and strategic nuances shaping global banking. It’s a reminder of the sheer scale and impact these institutions have on the global economy. Your Thoughts? Which trends or strategies do you think will shape the next generation of financial giants? Let’s discuss in the comments. #GlobalBanking #ChinaRising #EconomicShift #FinanceInsights

Banking Turmoil: Imagine waking up and your bank does not exist anymore... Recently, more than 40 Chinese banks have either merged or closed, marking a significant consolidation within China's financial sector. This drastic move, which some analysts describe as more severe than the 1980s Savings & Loan crisis in the US, reflects deep-rooted economic challenges exacerbated by the post-pandemic recovery struggles https://lnkd.in/dNHMUqmv https://lnkd.in/dxhtq5pa The closures and mergers highlight a broader instability, with China identifying 337 banks as high-risk. This trend mirrors concerns in the US, where rising mortgage rates and economic pressures have led to 63 banks being classified as "problem banks" due to financial weaknesses https://lnkd.in/dxhtq5pa As these banking crises unfold globally, the financial sector faces increased scrutiny and uncertainty. The consolidation efforts in China may be a strategy to mitigate risks, but they also underscore the need for robust economic reforms and support mechanisms to stabilize the banking system and ensure long-term financial health. For a deeper dive into these developments, you can read more https://lnkd.in/dNHMUqmv and https://lnkd.in/dxhtq5pa #Banking #Finance #Economy #China #US #FinancialStability

The Global Banking Titans. Ranked. China dominates with Industrial and Commercial Bank of China $IDCBY leading at $560B, followed by China Construction Bank (Asia) $CICHF ($477B) and Agricultural Bank of China $ACGBY ($429B). In the US, JPMorganChase $JPM tops at $346B, ahead of Bank of America $BAC ($297B). In UK, HSBC $HSBC tops the list at a $200B market value. In Japan, MUFG $MUFG remains the largest bank a $152B. In France, BNP Paribas $BNPQY takes the top spot at $146B. Source: Leverage Shares

China's banking sector is facing a full-scale crisis. In just a week, 40 banks disappeared, absorbed into larger institutions & Jiangxi Bank of China went under, further escalating the crisis. This why I’m an advocate for tangible assets like gold & silver & not having all your money in the banks. FYI. In the US, the most vulnerable banks are small / regional banks. The security is a false illusion.

🗓 We round up the week tomorrow with our weekly Friday China webinar. In this session, our financial team analyst Chen Xinran will discuss the team's ongoing research on capital adequacy ratio and a sample analysis, before providing an outlook and summary. ⏰ See you at 3PM (UTC+8) on Friday 2 August! Refer to the poster below for more details and scan the QR code to access the webinar. #Ratingdog #YYAsia #AsiaCredit #Bank #FinancialAnalysis #China #CapitalAdequacyRatio #CreditResearch

🌏 China’s ICBC, the world’s largest lender by assets, is setting a significant milestone with the launch of a colossal 415 billion yuan ($63.3 billion) in TLAC bonds! 🚀 Here's what’s happening: 1️⃣ The issuance comes in three tranches, starting from March 16, 2023, with differing interest rates and maturities up to 10 years. 2️⃣ This move aligns with global regulatory requirements aiming to buffer banks against crises without leaning on taxpayer money. Essentially, it’s a safety net for both the bank and the economy. 3️⃣ It’s more than just numbers; it’s about setting a precedent for other banks in China and potentially boosting investor confidence amidst ongoing US-China trade tensions. 🔍 But here’s the intriguing part: - The strategic structuring of these bonds could redefine investment safety and practices, previously under skepticism due to the systemic risks in Chinese banking. - This is a crucial test of how global and domestic investors will react to China's strengthened regulatory framework in banking. 💬 What do you think: - Could this be a turning point for the perception of risk in Chinese banks? - How do you see the impact of such substantial financial movements in global market dynamics? Let’s discuss! 📈🌐 #Finance #Banking #China #Investment #GlobalMarkets #TLAC #EconomicStability #RiskManagement

🌐 Top Banks Worldwide Ranked by Assets Under Management! 🌐 Ever wondered how much the world’s largest banks manage? Here’s a glance at the leaders in terms of AUM (in USD Trillions): 1️⃣ ICBC: $6.3T 🇨🇳 — Leading the global banking landscape! 2️⃣ Agricultural Bank of China: $5.0T 🇨🇳 — A key player in Asia. 3️⃣ China Construction Bank: $4.6T 🇨🇳 — Powering China’s growth. 4️⃣ Bank of China: $4.0T 🇨🇳 — A global financial powerhouse. 5️⃣ J.P. Morgan: $3.9T 🇺🇸 — America’s largest and a global icon. 6️⃣ Bank of America: $3.2T 🇺🇸 — Dominating in the U.S. and beyond. 7️⃣ Wells Fargo: $1.9T 🇺🇸 — A trusted name in American banking. These banking giants drive the financial world with their massive assets. From China to the U.S., they’re shaping economies and influencing markets across the globe! 🌏💸 #TopBanks #GlobalEconomy #FinanceInsights #AUM #StockMarketNews #Investing #MarketTrends