Global banking sector equity surged in 2017

Worldwide bank equity levels surged in 2017, growing $874 billion, or 17%.

Consolidated banking statistics compiled by the Bank for International Settlements (BIS) shows that equity, measured as total assets minus liabilities, increased during the period at banks in all 20 reporting countries for which data was made available. 

Of those countries with comparable data for end-2016 and end-2017, France reported the greatest dollar increase in bank equity of $70 billion, from $423 billion to

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