StatspottingFrom the Statspotting archive

· Absolute Shockers · ECONOMY · MARKETS

The Top 10 Financial Firms Control 19.45 Percent of Global Finance

This will sync very well with the Occupy wall street theme - we had spotted some stats earlier on how a very small percentage of people control global wealth - we spotted this today:

"A significant portion of the global economy flows into the hands of a small group of financial institutions—that much we’ve known for some time. But in a new paper, flagged by the New York Times’ Economix blog, Stefania Vitali, James B. Glattfelder and Stefano Battiston name names. Using a methodology based on “ network topology,” the Swiss researchers identify which financial actors are at the core of the global economy. "

Statistics Source: WashingtonPost

There are some obvious names in the list - JP Morgan Chase, Merrill Lynch, Vanguard, Fidelity,UBS ..

Statspotting is a game now: the day's most striking numbers from the news, and how big they really are.

Spot today's stats