The global industry built around banks, financial institutions that accept deposits from the public, create demand deposits and make loans, acting as intermediaries that facilitate payments through checking accounts, wire transfers and automated clearing houses, and improve credit access by using diversified assets and capital buffers to support borrowers who might otherwise lack credit. In a fractional reserve banking system, every loan a bank issues creates a new sum of money, a process underpinning modern monetary systems worldwide. As of 2008 to 2009 the largest 1,000 banks worldwide held about 96.4 trillion dollars in assets; the United States alone had 5,330 banks and roughly 81,607 branches as of 2015, China's top four banks together operated more than 67,000 branches, and between 1985 and 2018 the industry saw about 28,798 mergers and acquisitions worth roughly 5.2 trillion dollars.
Facts
Connections
Associated With
Banking is a core institutional setting in which finance is practiced, from commercial lending to capital markets.
Morgan dominated corporate finance and industrial consolidation in the United States as head of J.P. Morgan and Co.
Source Wikipedia, J.P. Morgan
Companies In Industry
Source Wikidata: Ameris Bancorp
Source Wikipedia, Bank of America Encyclopedia Article
Source Wikipedia: BOK Financial Corporation
Source Wikipedia: Capitec Bank
Source Wikidata: Commercial Bank of Africa
Source Wikidata: Dao Heng Bank
Source Wikidata: Diamond Trust Bank Group
Source Wikipedia: Metzler Bank
Source Wikidata: Resona Holdings, Inc.
Source Wikipedia: Taiwan Financial Holdings Group
Source Wikidata: TCF Financial Corporation
Source Wikipedia, Wells Fargo Encyclopedia Article
Sources
1. Wikipedia, Bank
Wikipedialead sectionQuote, lead section
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while making loans.
Wikipedia, J.P. Morgan
Wikipedia, Bank of America Encyclopedia Article
WikipediaCompanies In Industry: Bank of America Corporation, Lead section, first sentenceQuote, Companies In Industry: Bank of America Corporation, Lead section, first sentence
The Bank of America Corporation (Bank of America; often abbreviated BAC, BofA, or, less commonly, BOA) is an American multinational bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan.
Wikipedia, Wells Fargo Encyclopedia Article
WikipediaCompanies In Industry: Wells Fargo & Company, Lead section, first sentenceQuote, Companies In Industry: Wells Fargo & Company, Lead section, first sentence
Wells Fargo & Company is an American multinational financial services company.
Wikipedia: Capitec Bank
WikipediaCompanies In Industry: Capitec Bank, Wikidata statement: industry (P452)Quote, Companies In Industry: Capitec Bank, Wikidata statement: industry (P452)
industry (P452) target Q22687, matched to the live industry entity "Banking Industry" by qid (enwiki-sitelink resolved)
Wikipedia: Metzler Bank
WikipediaCompanies In Industry: Metzler Bank, Wikidata statement: industry (P452)Quote, Companies In Industry: Metzler Bank, Wikidata statement: industry (P452)
industry (P452) target Q22687, matched to the live industry entity "Banking Industry" by qid (enwiki-sitelink resolved)
Wikipedia: BOK Financial Corporation
WikipediaCompanies In Industry: BOK Financial Corporation, Wikidata statement: industry (P452)Quote, Companies In Industry: BOK Financial Corporation, Wikidata statement: industry (P452)
industry (P452) target Q22687, matched to the live industry entity "Banking Industry" by qid (enwiki-sitelink resolved)
Wikipedia: Taiwan Financial Holdings Group
WikipediaCompanies In Industry: Taiwan Financial Holdings Group, Wikidata statement: industry (P452)Quote, Companies In Industry: Taiwan Financial Holdings Group, Wikidata statement: industry (P452)
industry (P452) target Q22687, matched to the live industry entity "Banking Industry" by qid (enwiki-sitelink resolved)
Wikidata: Commercial Bank of Africa
WikidataCompanies In Industry: Commercial Bank of Africa, Wikidata statement: industry (P452)Quote, Companies In Industry: Commercial Bank of Africa, Wikidata statement: industry (P452)
industry (P452) target Q22687, matched to the live industry entity by qid (enwiki-sitelink resolved)
Wikidata: Diamond Trust Bank Group
WikidataCompanies In Industry: Diamond Trust Bank Group, Wikidata statement: industry (P452)Quote, Companies In Industry: Diamond Trust Bank Group, Wikidata statement: industry (P452)
industry (P452) target Q22687, matched to the live industry entity by qid (enwiki-sitelink resolved)
Wikidata: Resona Holdings, Inc.
WikidataCompanies In Industry: Resona Holdings, Inc., Wikidata statement: industry (P452)Quote, Companies In Industry: Resona Holdings, Inc., Wikidata statement: industry (P452)
industry (P452) target Q22687, matched to the live industry entity by qid (enwiki-sitelink resolved)
Wikidata: Dao Heng Bank
WikidataCompanies In Industry: Dao Heng Bank, Wikidata statement: industry (P452)Quote, Companies In Industry: Dao Heng Bank, Wikidata statement: industry (P452)
industry (P452) target Q22687, matched to the live industry entity by qid (enwiki-sitelink resolved)
Wikidata: Ameris Bancorp
WikidataCompanies In Industry: Ameris Bancorp, Wikidata statement: industry (P452)Quote, Companies In Industry: Ameris Bancorp, Wikidata statement: industry (P452)
industry (P452) target Q22687, matched to the live industry entity by qid (enwiki-sitelink resolved)
Wikidata: TCF Financial Corporation
WikidataCompanies In Industry: TCF Financial Corporation, Wikidata statement: industry (P452)Quote, Companies In Industry: TCF Financial Corporation, Wikidata statement: industry (P452)
industry (P452) target Q22687, matched to the live industry entity by qid (enwiki-sitelink resolved)
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