1. Industrial and Commercial Bank of China, Beijing, Total Assets – $4,027 trillion Industrial and Commercial Bank of China Limited is a Chinese multinational banking, financial services holding, and global investment banking company. Industrial and Commercial Bank of China headquartered in Beijing, China. Industrial and Commercial Bank of China is a state-owned commercial bank, with … Read more
when a trader invests in the financial markets, he mostly uses derivatives which benefit from leverage. Thanks to this leverage or leverage, the investor does not have to block all his capital to benefit from increases and decreases in the price of the underlying asset. To avoid disappointment, it is important to understand the leverage … Read more
Roles Of Banks In The Economy The bank plays an important role in capital formation, which is essential for the economic development of a country. They have two principal tasks the first commercial banks facilitate. The transfer of payments between private households companies and government entities, as cash-only plays a minor role in our everyday … Read more
Coronavirus or commonly know as COVID-19 is obviously a very dangerous virus, who has killed more than 5,300 people and infected more than 129,000 peoples around the world. The virus spread more than 105 countries until now. While the death rate is still less than 2 percent of those infected die from the virus. This … Read more
Brexit is the withdrawal agreement of the United Kingdom from the European Union Parliament. The UK government conduct the referendum on 23rd June 2016, in which 52% voted to leave and 48% voted to stay in the European Union. the British government officially reported the nation’s withdrawal in March 2017, starting the Brexit procedure. The … Read more
1. BNP Paribas S.A, Paris, Total assets – €2,583.32 Billion or $3,080.55 Billion BNP Paribas S.A. is a French international banking group. It is the world’s 8th largest bank by total assets and currently operates with a presence in 72 countries. It is one of three major international French banks, along with Société Générale and … Read more
John Davison Rockefeller also knows as Rockefeller was born July 8, 1839, in Richford, New York state. Rockefeller was an American business magnate and philanthropist. His parents were William Avery Rockefeller and his mother, Eliza Davison had a total of six children, and his father earned the nickname “Big Bill” for his personality. Bill calls … Read more