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Largest Banks In the World
We know that their are many banks in the World. A bank is a financial intermediary that accepts deposits from customers and channels those deposits into lending activities, either directly by loaning, Investing or indirectly through capital markets. A bank Join together customers that have capital deficits and customers with capital surpluses. Here we show that the Largest Banks in the World ranked by market capitalization. The Banks who have a 70 million customers and over 9000 locations in world wide. Check out Top 10 Largest Banks in the World By Market Capitalization.
Largest Banks In the World By Market Capitalization:
Here we are show you The List of Top 10 Largest Banks in the World By Market Capitalization. This Report is Show according to the 2014 statistics.
1) Wells Fargo & Co
The Wells Fargo & Co is an American Multinational Banking and Financial Services. It was Founded in 1852 in San Francisco, California, US by the Henry Wells and William Fargo. Wells Fargo was the 23rd largest company in the United States.
2) JP Morgan Chase & Co
The JP Morgan Chase & Co is a Second Largest Banks in the World. It is is an American multinational banking and financial services holding company. It is Founded in 2000. The CEO of this bank is Jamie Dimon. The Headquarters of this bank is 270 Park Avenue, Manhattan, New York, New York, U.S. JP Morgan Chase is the one of the Big Four banks of the United States with Bank of America, Citigroup and Wells Fargo.
The ICBC(Industrial and Commercial Bank of China) is the Third Largest Bank of the World. It is also the largest bank in the world by total assets. It will providing Banking, Financial services, Investment services. It will Provide such kind of product Finance and insurance, Consumer Banking, Corporate Banking, Investment Banking, Investment Management, Global Wealth Management, Private Equity, Mortgages, Credit Cards. According to March 2010, it had assets of RMB 12.55 trillion (In US$1.9 trillion), with over 18,000 outlets including 106 overseas branches and agents globally.
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4) HSBC Holdings
The HSBC Holdings is a Rank in a fourth place for Largest Bank in the world. It is a British multinational banking and financial services company and the head quartered of the bank in London, United Kingdom. It is one of the world’s largest banks. It was founded in London in 1991 by the Hong Kong and Shanghai Banking Corporation.
5) Bank of America
The Bank of America is come on to the fifth place for largest bank in the world. It is American multinational banking and financial services corporation the head quartered of the bank in Charlotte, North Carolina. The Founder of bank of America is Amadeo Giannini. There are more then 242,000 employees of the Bank of America Bank.
6) China Construction Bank
The China Construction Bank is sixth place in the Largest bank in the world. It is one of the big four banks in the People’s Republic of China. It is provide the Banking, Financial services, Investment services.
7) Citigroup Inc
The Citigroup Inc is an American multinational financial services corporation the head quartered of Citigroup Inc in a Manhattan, New York City. It is currently the third largest bank holding company in the United States by assets. It is founded in June 16, 1812. There are more then 251,000 employees according to Dec 2013.
8) Agricultural Bank of China
The Agricultural Bank of China come on the eight place for the Rank of Largest Bank in the world. It was founded in 1951, and has its headquarters in Dongcheng District, Beijing. It has branches throughout mainland China, Hong Kong, London, Tokyo, New York, Frankfurt, Sydney, Seoul, and Singapore. It is providing Banking and Financial services.
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9) Bank of China
The Bank of China is rank on the nine place for Largest bank of the world. It was founded in 1912 by the Republican government to replace the Imperial Bank of China. It is the oldest bank in China still in existence. It is providing the Banking and Financial services.
10) Commonwealth Bank of Australia
The Commonwealth Bank of Australia is an Australian multinational bank with businesses across New Zealand, Fiji, Asia, USA and the United Kingdom. Commonly referred to as the Commonwealth Bank. it is provide a variety of financial services including retail, business and institutional banking, funds management, superannuation, insurance, investment and broking services. It provides world wide services. the Product of Commonwealth Bank of Australia is Finance and insurance, Consumer banking, Corporate banking, Investment banking, Investment management, Global wealth management, Private equity, Mortgages, Credit cards.
So, Here we show you the List of Top 10 Largest Banks in the World By Market Capitalization. This Largest Banks In the world List is According to 2014 Research.