The market value rankings of the major banks around the world experienced great changes from last July 15 to this September 10 during which Chinese banks showed strong power against the crisis.
Industrial and Commercial Bank of China (ICBC), followed by China Construction Bank and Hong Kong and Shang Hai Banking Corporation, remains the first of the world's top ten banks. And all the front three banks' market value expanded.
As for the world's top ten banks listed on last July,15, three were from China, three from U.S., one from UK, Spain, Japan and France respectively.
But on this September 10 list, Tokyo-Mitsubishi UFJ from Japan and BNP Paribas from France dispeared. U.S. banks' number rose from three to five. And there were still three from China.
By People's Daily Online