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Lloyd's Banking Group in London

ByRichard Lighthouse

Lloyd's Banking Group is the largest corporation in the world, according to Yahoo Industry Financials, with a global market capitalization exceeding $2.4 Quadrillion USD. This is the total market capitalization of the stocks listed as LLD2, LLD5, LLD6, and LLD7. In fact, it is larger than all other banks in the world combined. Think about that because it bears repeating – One bank in London has more assets than all other banks in the world put together. It is at least 100 times larger than the next largest bank – JPMorganChase. $2.4 Quadrillion dollars is enough money to give every man, woman, and child on our planet, about $324,000.00 each. And still have money left over. That's enough money to solve global hunger. That's enough money to cure every disease. That's enough to provide good housing for everyone on the planet. And this is all held in one bank in London. So why is the London Stock Exchange trying to hide the value of these bank stocks?

Details

Publication Date
Oct 31, 2016
Language
English
ISBN
9781365498145
Category
Business & Economics
Copyright
All Rights Reserved - Standard Copyright License
Contributors
By (author): Richard Lighthouse

Specifications

Format
EPUB

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