Business

Banking market capitalisation falls by 30%

Global banking market capitalisation between Q4 of 2019 and Q2 of 2020 fell by 30.32 per cent, with its market dropping from $8.97 trillion to $6.25 trillion, according to a report by Buy Shares. The largest drop in market capitalisation occurred from Q4 of 2019 and Q1 of 2020, when COVID-19 began spreading worldwide.

The value during that time dropped by 91.3 per cent of $8.97 trillion to $5.78 trillion. The report also analyzed total shareholder return among Western European banks. Of these banks, Dutch-based ING GROEP had the highest return of 29.6 per cent, and HSBC Holdings had the worst returns at -16.7 per cent, according to the report. After the pandemic is over, traditional banks will need to review whether in-person banking is still profitable and whether they should shift to digital-only like fintechs, according to the report.

SHOCKING LIFE STORY!!!

Abuja Man reveals (FREE) secret Fruits that Increased his Manh00d size and Lasting Power in 5days…

CLICK HERE TO GET IT!!!

%d bloggers like this:
Fake Richard Mille Replica Watches, www.richardmille.to The ceramic upper and lower cases are imported from Taiwan and are processed by ATPT ceramics to form Y-TZP ceramics. After high-tech anti-fingerprint technology, they present a delicate and soft sub-black material. This color quality has remained unchanged for a hundred years. The color and luster are more detailed to achieve the ceramic tone visual pattern electroplating upper and lower shells that are infinitely close to the original products, with anti-reflective coating sapphire glass! The tape uses a soft and delicate Malaysian imported top rubber strap, and the movement is equipped with an imported Seiko NH movement. The buckle of this version is made according to the original size and thinness, making it feel more comfortable and intimate, the highest version on the market Richard Mille Replica