FOCUS WHERE DO YOU GO WHEN THE BANKS WON’T LEND?
GLOBAL BANKING POWER
UNBLOCK THE SHARED ECONOMY
Global banking power
FAIL FAST AND PROSPER
DEFINING THE BANK OF THE FUTURE
The banking industry dominates the world. But a series of misdemeanours and dwindling public fondness for the sector poses a threat, as does the march of disruptive financial services that circumnavigate traditional banks
CHINESE DOMINATION
BANKS BIGGER THAN THE EU
8,000 financial institutions in the EU command...
The world’s four biggest public companies are all Chinese banks. For the first time in 2015, Chinese institutions occupied the top four slots. Source: Forbes Global 2000, 2015
€46tn in assets that is equivalent to...
370% of EU GDP
...just 0.1% of all banks in the EU...
...but 15 European mega banks
43%
...comprise of total EU banking assets... ...which is equivalent to
150% of EU GDP (Source: One-Europe)
Rank
Company
Country
Sales
Profits
Assets
Market Value
#1
ICBC
China
$166.8bn
$44.8bn
$3,322bn
$278.3bn
#2
China Construction Bank
China
$130.5bn
$37bn
$2,698.9bn
$212.9bn
#3
Agricultural Bank of China
China
$129.2bn
$29.1bn
$2,574.8bn
$189.9bn
#4
Bank of China
China
$120.3bn
$27.5bn
$2,458.3bn
$199.1bn
#5
Berkshire Hathaway
United States
$194.7bn
$19.9bn
$534.6bn
$354.8bn
22
Dialogue | Sep/Nov 2015