Which is the world's largest bank
Providing products to its clients in over 100 countries, they are involved with asset management , investment services, wealth management and securities. The bank has more than one thousand locations and eighty offices in the UK, and four-hundred and sixty throughout the United States.
Other very important banking gauges are operational and clear profits, total turnover, and the number of its outlets and employees. Originally, the purpose of its creation was to perform exchanges between Europe and China, and it still stays crucial in such actions. The definition of a commercial bank has evolved dramatically in the past several decades.
It is one of the largest investment companies in the world. Revenue (TTM 123.6B Net Income (TTM.3B Market Cap: 231.8B 1-Year Trailing Total Return: -6.9 Exchange: OTC The largest bank in the world in terms of total assets under management (AUM) is the Industrial and Commercial Bank Of China Ltd. Of all the banks on our list, Chase is the second newest, having only been founded in 2000. Being the fifth-biggest bank in the world, it has total assets.81 trillion dollars and is Japans largest bank holding financial group.
The bank was created in 2005 after a merger between two of Japans Largest banks, the Mitsubishi Tokyo Financial Group and UFJ holdings. Headquartered in Paris, France, BNP Parabis employs over 190,000 people and receives the majority of its annual revenue from everyday client accounts. The bank was formed through a merger in 2000, between Banque Nationale de Paris (BNP) and Paribas. The bank also is even licensed to issue banknotes in Hong Kong and Macau.
Morgan Chase is traded on the nyse under ticker symbol JPM. Over 70 of the company belongs to the Chinese government, and it has offices in over 20 countries. ICBs total assets are thought to be in the region.2 trillion dollars according to the latest data.
Bank of America (BAC) Total Assets:.35 Trillion Bank of America is the second-biggest banking institution in America, with assets totalling.35 trillion dollars. Is bigger necessarily better than smaller ones? Leave a comment below. Headquartered in Paris, France Employs 190,000.
Market Capitalization is the cumulative value of a company, including all subsidiaries and commercial assets. Related: The 25 Funniest Stand-Up Comedians of All Time Headquartered in the Xicheng district, Beijing; CCB employs over 333,000 people and offers both corporate banking and personal banking. Icbcs headquarters are located in Peking.
In 2008, it acquired Merrill Lynch, making it the worlds largest wealth manager. Its core profitability comes from retail banking. Revenue (TTM.4B Net Income (TTM.2B Market Cap: 109.1B 1-Year Trailing Total Return: -12.7 Exchange: OTC Bank Of China focuses primarily on commercial banking activities such as deposits and withdrawals, and foreign exchange. These banks' customers include individual consumers, businesses, and many other types of institutional clients.
One of the older banks in China, CCB was founded in 1954. #2 Agricultural Bank of China Assets: 4,008 bln.
We may receive compensation when you click on links to those products or services. Still, the bank currently holds.93 trillion in assets and is one of the United States largest retail banks. #6 JPMorgan Chase Assets: 3,246 bln. Summary We hope you enjoyed our list of the 10 biggest banks in the world.
Part of the Mitsubishi Corporation, the company provides a wide variety of financial and investment services including commercial banking, trust banking, international finance, and assets management services. Examples of what they offer on the personal side are credit cards, personal loans, deposits and wealth management.
Headquartered in Tokyo, Japan Employs 106,000 Related: Best Free Online Checking Accounts. The third of the Big Four on our list, CCB, as its often abbreviated too; has approximately 13,629 domestic branches and has overseas branches in Frankfurt, Barcelona, Luxembourg, Hong Kong, New York, Seoul and several other major cities. The Bank was founded in 1984 and now has more than 450,000 employees. Bank of China Total Assets: 3 Trillion The next Asian bank on our list and the first of the Big Four, is the Bank of China.