From "il sole 24 ore":
Milan sees the opening of the first branch of ICBC, the Chinese bank that is valued at the smae level as the Italian GDP

Everyone was present in Piazza Affari yesterday evening to welcome the world’s number one bank in terms of market capitalization in Milan. The first Chinese bank, number one for profits (12.4 billion dollars in the first half of 2010), 235 million customers, 16,397 branches in the world…