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The Big Five Banks of the United Kingdom Posted August 18, 2009 @ 6:10 pm In Five,Numbers | No Comments |
" Martin Wolf, the magisterial Financial Times commentator, noted that the combined assets of Britain's Big Five banks are four times the Sceptred Isle's GDP. The assets of JPMorgan Chase, the largest U.S. bank, is only about 7 percent of America's annual output.”
—Daniel Gross, “People Who Live in Glass Häuser: Europeans Were Gloating About the American Financial Crisis; Not Anymore,” Slate, 10 Oct 08.
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