A series of policy shifts have boosted demand for shares in China's state-owned banks and further regulatory changes will likely drive the market capitalization of these lenders higher among their Asia-Pacific peers. The four biggest lenders in the region by market capitalization in the December 2024 quarter were Chinese state-owned, according to S&P Global Market Intelligence ...
READThe market capitalization of India's largest banks fell during the October–December 2024 period as investor sentiment turned sour amid lackluster credit growth and shrinking margins. Fifteen of the 20 biggest banks by market capitalization in India posted quarter-over-quarter declines in their market cap in the period, data compiled by S&P Global Market Intelligence showed. Ind...
READMajor Japanese banks logged gains in efficiency measured by their cost-to-income ratios over the 12 months ended Sept. 30, helped by improved profits. Mitsubishi UFJ Financial Group Inc., Japan's largest bank by assets, reduced its cost-to-income ratio by 5.50 percentage points to 49.89% over the 12-month period, according to S&P Global Market Intelligence data. The cost-to-inc...
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