Paris largest IFC in terms of bank holdings' aggregate assets
Out of the top five international financial centres with the largest aggregate volume of bank assets, a mix of European, Asian and North American centres occupy the top places in both the ranking that considers bank holdings incorporated in a certain jurisdiction, and the one of foreign-owned subsidiaries operating in the centre.
Paris is comfortably at the top of the bank holdings table of international finance centres, with Beijing and Tokyo in second and third place, respectively. London and New York sit in fourth and fifth positions in the table, while the North American centre scores a more flattering second place in the second ranking, by foreign-owned subsidiaries, which is topped by Hong Kong.
Looking at aggregate Tier 1 capital values, Asian centres also score well, with Beijing and Hong Kong displaying the highest Tier 1 capital figures in the bank holdings table and subsidiaries table, respectively.
For full story, please see: A mixed bag for Capital adequacy ratio tables
