Press Release

The 10 largest banks in the world, only 4 are from the US

Press Release

Each year, the financial analysis company, The Banker, compiles a list with the largest of all banks in the world, and this time, the Chinese appeared in the first place.

The institutions that are on that list are evaluated according to the money they manage and the good state of the finances they present. According to the report, while Chinese banks handle a greater amount of money, Americans turned out to be more efficient in the use of their assets.

Speaking of British banks, they increased their profits a third from last year, making one of them slip into ninth place.

Here are the 10 largest banks in the world today, taking into account the amount of money they handle. If you are more interested in finding out the Top Banks Country-wise or continent-wise, then you should visit the Listofallbanks.com. Litofbanks is a website that collects data of banks from all around the world and ranks them according to their assets.

10 – Mitsubishi UFJ, Japan
The capital they manage: $ 146 billion

9 – HSBC Holdings, United Kingdom
The capital they manage: $ 147 billion

8 – Citigroup, United States
The capital they manage: $ 147 billion

7 – Wells Fargo, United States
The capital they manage: 168 billion

6 – Bank of America, United States
The capital they manage: $ 189 billion

5 – JPMorgan Chase, United States
The capital they manage: $ 209 billion

4 – Bank of China, China
The capital they manage: $ 230 billion

3 – Agricultural Bank of China, China
The capital they manage: $ 243 billion

2 – China Construction Bank, China
The capital they manage: $ 287 billion

1 – ICBC, China
The capital they manage: $ 338 billion

The Asian market continues to advance and reduces US hegemony in the global banking sector, with the exception of JP Morgan Chase who manages to maintain the position this time with greater superiority. Among the world’s top 100 banks, the total of Chinese stock market capitalization that exceeds 35,000 million euros to the second classified, the United States, stands out.

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