• Wed
  • Sep 17, 2014
  • Updated: 2:50am

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.


Share

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive
 
 

 

 
 
 
 
 

Login

SCMP.com Account

or