China's ICBC tops the list of the 10 largest Banks in the world
2014-07-14
The world may be shrinking, but the banks that are an intricate part of our global economy sure aren't. Backlash from the financial crisis hasn't put a dent in the world's largest banks, which combined have eye-popping assets of about $25.5 trillion. Most of the world's largest banks are outside of the U.S., but there is one American-based bank that made it onto this year's list from Relbanks.com. See which one it was.
Industrial & Commercial Bank of China, or ICBC
Country: China
Rank: 1
Assets: $2.95 trillion
HSBC Holdings
Country: United Kingdom
Rank: 2
Assets: $2.68 trillion
Deutsche Bank
Country: Germany
Rank: 3
Assets: $2.6 trillion
Credit Agricole Group
Country: France
Rank: 4
Assets: $2.58 trillion
BNP Paribas
Country: France
Rank: 5
Assets: $2.51 trillion
Mitsubishi UFJ Financial Group
Country: Japan
Rank: 6
Assets: $2.49 trillion
Barclays PLC
Country: United Kingdom
Rank: 7
Assets: $2.41 trillion
JPMorgan Chase & Co.
Country: United States
Rank: 8
Assets: $2.39 trillion
Read more: http://www.bankrate.com/finance/banking/largest-banks-in-the-world-1.aspx#ixzz37OYM0VMw
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China Construction Bank Corp.
Country: China
Rank: 9
Assets: $2.36 trillion
Japan Post Bank
Country: Japan
Rank: 10
Assets: $2.12 trillion
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