• Sun
  • Dec 28, 2014
  • Updated: 12:51pm

Big is beautiful for banks

PUBLISHED : Sunday, 07 April, 1996, 12:00am
UPDATED : Sunday, 07 April, 1996, 12:00am

JAPAN'S Mitsubishi Bank and Bank of Tokyo combined to form Tokyo-Mitsubishi Bank with assets of 54 trillion yen (HK$3.90 billion), making it the world's largest bank. Chase Manhattan Corp and Chemical Banking Corp completed their US$13 billion merger, forming the largest bank in the US.


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