“then head of ING Bank in Shanghai, said it all: “The bad news is that the Big Four are insolvent; the good news is that they’re sovereign.” Technically, no state-owned commercial bank in China enjoys sovereign backing. In practice, however,… — Gordon G. Chang Copy Share Image
If the numbers are right, ICBC [Industrial & Commercial Bank of China], which already earns nearly twice as much as JPMorgan. They'll probably be going a lot faster over time, and one day they can be a lot bigger than us. — Jamie Dimon Copy Share Image
![“If the numbers are right, ICBC [Industrial & Commercial Bank of China], which already earns nearly twice as much as JPMorgan. They'll probably be going a lot faster over time, and one day they can be a lot bigger than us.” quote by Jamie Dimon](https://sms4smile.com/quotes/img-quotes/43d/jamie-dimon-1320_bigger_if-the-numbers-are-right-icbc-industrial_2432657.jpg)