By 2009, the Chinese had taken over, leaving Wall Street with just four representatives, seven less than in 1999. It looks a more globally representative landscape.
(HT: Steve Hsu)
Thursday, May 28, 2009
Global banking landscape 1999-2009
How much difference does a decade make? In 1999, the top 20 financial instiutitons by market capitalization was dominated by Wall Street, and few Japanese and Swiss banks.
By 2009, the Chinese had taken over, leaving Wall Street with just four representatives, seven less than in 1999. It looks a more globally representative landscape.
(HT: Steve Hsu)
By 2009, the Chinese had taken over, leaving Wall Street with just four representatives, seven less than in 1999. It looks a more globally representative landscape.
(HT: Steve Hsu)
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