{"id":9650,"date":"2013-07-24T16:54:44","date_gmt":"2013-07-24T14:54:44","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=9650"},"modified":"2013-09-04T18:35:10","modified_gmt":"2013-09-04T16:35:10","slug":"two-continents-two-perspectives","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/two-continents-two-perspectives\/","title":{"rendered":"Two continents two perspectives"},"content":{"rendered":"<h1 class=\"singlePageTitle\"><!--[if gte mso 9]><xml>\n<w:WordDocument>\n<w:View>Normal<\/w:View>\n<w:Zoom>0<\/w:Zoom>\n<w:HyphenationZone>21<\/w:HyphenationZone>\n<w:PunctuationKerning\/>\n<w:ValidateAgainstSchemas\/>\n<w:SaveIfXMLInvalid>false<\/w:SaveIfXMLInvalid>\n<w:IgnoreMixedContent>false<\/w:IgnoreMixedContent>\n<w:AlwaysShowPlaceholderText>false<\/w:AlwaysShowPlaceholderText>\n<w:Compatibility>\n<w:BreakWrappedTables\/>\n<w:SnapToGridInCell\/>\n<w:WrapTextWithPunct\/>\n<w:UseAsianBreakRules\/>\n<w:DontGrowAutofit\/>\n<\/w:Compatibility>\n<w:BrowserLevel>MicrosoftInternetExplorer4<\/w:BrowserLevel>\n<\/w:WordDocument>\n<\/xml><![endif]--><\/h1>\n<h1 class=\"singlePageTitle\"><!--[if gte mso 9]><xml>\n<w:LatentStyles DefLockedState=\"false\" LatentStyleCount=\"156\">\n<\/w:LatentStyles>\n<\/xml><![endif]--><!--[if !mso]><object classid=\"clsid:38481807-CA0E-42D2-BF39-B33AF135CC4D\" id=ieooui><\/object>\n\n\n\n<style>\nst1\\:*{behavior:url(#ieooui) }\n<\/style>\n\n<![endif]--><!--[if gte mso 10]>\n\n\n\n<style>\n \/* Style Definitions *\/\n table.MsoNormalTable\n\t{mso-style-name:\"Normale Tabelle\";\n\tmso-tstyle-rowband-size:0;\n\tmso-tstyle-colband-size:0;\n\tmso-style-noshow:yes;\n\tmso-style-parent:\"\";\n\tmso-padding-alt:0in 5.4pt 0in 5.4pt;\n\tmso-para-margin:0in;\n\tmso-para-margin-bottom:.0001pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:10.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-ansi-language:#0400;\n\tmso-fareast-language:#0400;\n\tmso-bidi-language:#0400;}\n<\/style>\n\n<![endif]--><\/h1>\n<p><span class=\"short_text\" id=\"result_box\" lang=\"en\"><span class=\"hps\">Who has the best<\/span> <span class=\"hps\">and largest<\/span> <span class=\"hps alt-edited\">bank ?<br \/>\n<\/span><\/span><\/p>\n<p><span lang=\"EN-GB\" style=\"mso-ansi-language: EN-GB;\"><strong>ICBC Honored &#8220;2013 Best Bank in China&#8221; by Finance Asia<\/strong><br \/>\n<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-GB\" style=\"mso-ansi-language: EN-GB;\">The FinanceAsia magazine recently announced the winners of its 2013 Country Awards. ICBC was named &#8220;Best Bank in China&#8221; for the sixth year since nominated for the ranking. ICBC won the title primarily credited to its good performance, consistent reform and innovation as well as solid market position.<\/span><\/p>\n<h1>Wells Fargo deposes China\u2019s ICBC as world\u2019s biggest bank<\/h1>\n<h4>Wells Fargo Ousts ICBC as World&#8217;s Biggest Bank. Wells Fargo &amp; Co. of the United States is now worth $236 billion, according to the New York Stock Exchange, where it is listed, while Chinese figures show ICBC\u2019s value has fallen to around $223 billion.<\/h4>\n<p>As the US economy recovered after the crisis, the rebound of the real estate sector supported the recovery of Wells Fargo.<\/p>\n<p>Reduced expectations for China&#8217;s economic growth and a cash crunch that hammered the nation&#8217;s financial sector this spring\u2014along with signs that the U.S. economy is recovering and the end of ultralow interest rates may be in the offing\u2014have shifted those perceptions again. A long-awaited rally in U.S. bank shares has lifted the value of companies such as San Francisco-based Wells Fargo and <span class=\"companyRollover link11unvisited\">J.P. Morgan Chase<\/span> <span id=\"0.9220942874136651\" data-exchange-iso=\"XNYS\" data-country=\"US\" data-changepercent=\"-0.2821598729486501\" data-change=\"-0.1599\" data-iso=\"$\" data-offset=\"-4\" data-datetime=\"Jul 24, 2013 10:44 AM \" data-volume=\"3431304.00\" data-price=\"56.5101\" data-company-name=\"JPMorgan Chase &amp;amp; Co.\" data-ticker=\"JPM\" data-pc=\"56.670\" data-widget=\"dj.ticker\" data-ticker-name=\"JPM\"><span class=\"tkrQuote tkrNegative\"><span class=\"tkrName\">JPM<\/span><\/span><a class=\"tkrQuote tkrNegative\" href=\"http:\/\/online.wsj.com\/public\/quotes\/main.html?type=djn&amp;symbol=JPM?mod=inlineTicker\" target=\"\">\u00a0<\/a><span class=\"tkrQuote tkrNegative\"><span class=\"tkrChange\">-0.28%<\/span><\/span><\/span> &amp; Co. of New York&#8230;<a href=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/07\/Two-continents-two-perspectives.pdf\" target=\"_blank\">Two continents two perspectives<a href=\"http:\/\/www.w-t-w.org\/en\/two-continents-two-perspectives\/wells-fargo-has-held-its-spot-as-the-worlds-biggest-bank-by-market-capitalization-since-july-12\/\" target=\"_blank\" rel=\"attachment wp-att-9653\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-9653\" alt=\"Wells Fargo has held its spot as the worlds biggest bank\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/07\/Wells-Fargo-has-held-its-spot-as-the-worlds-biggest-bank-by-market-capitalization-since-July-12..jpg\" width=\"553\" height=\"369\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/07\/Wells-Fargo-has-held-its-spot-as-the-worlds-biggest-bank-by-market-capitalization-since-July-12..jpg 553w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/07\/Wells-Fargo-has-held-its-spot-as-the-worlds-biggest-bank-by-market-capitalization-since-July-12.-300x200.jpg 300w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/07\/Wells-Fargo-has-held-its-spot-as-the-worlds-biggest-bank-by-market-capitalization-since-July-12.-449x300.jpg 449w\" sizes=\"auto, (max-width: 553px) 100vw, 553px\" \/><\/a>\u00a0\u00a0 <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Who has the best and largest bank ? ICBC Honored &#8220;2013 Best Bank in China&#8221; by Finance Asia The FinanceAsia magazine recently announced the winners of its 2013 Country Awards. ICBC was named &#8220;Best Bank in China&#8221; for the sixth &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/two-continents-two-perspectives\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-9650","post","type-post","status-publish","format-standard","hentry","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Who has the best and largest bank ? 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