Daniel Yergin

ICBC Deposes Citigroup as Chinese Banks Rule in New World Order

Submitted by MichaelVail on Mon, 02/04/2008 - 6:39pm.
There's a new world order for banks, and the Chinese, for the first time, are the biggest, with a market capitalization that has made perennial No. 1 Citigroup Inc. a distant also-ran behind Industrial & Commercial Bank of China Ltd., China Construction Bank Corp. and Bank of China Ltd.
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