| Rank | Bank name | hideTotal assets (2019) (US$ Billion) |
|---|---|---|
| 3 | Agricultural Bank of China | 3,572.98 |
| 4 | Bank of China | 3,270.15 |
| 5 | Mitsubishi UFJ Financial Group | 2,892.97 |
| 6 | HSBC | 2,715.15 |
Which is the No 1 bank in the world?
S&P’s Top 10 ranking of the largest banks in the world
| Rank | Bank name | Total assets |
|---|---|---|
| 1 | Industrial & Commercial Bank of China | $4.32 trillion |
| 2 | China Construction Bank Corp. | $3.65 trillion |
| 3 | Agricultural Bank of China | $3.57 trillion |
| 4 | Bank of China | $3.27 trillion |
Is HSBC the biggest bank in the world?
U.K.-based HSBC Holdings PLC overtook U.S.-based JPMorgan Chase & Co. in this year’s ranking to become the No. 6 biggest bank after posting a 6.14% increase in assets at the end of 2019, hitting $2.715 trillion.
Which is the biggest bank in the world 2020?
The World’s Largest Banks
| Rank | Bank | Total Assets (US$b) |
|---|---|---|
| 1 | Industrial & Commercial Bank of China (ICBC) | 4,676.40 |
| 2 | China Construction Bank | 3,905.75 |
| 3 | Agricultural Bank of China | 3,738.65 |
| 4 | Bank of China | 3,411.10 |
Is HSBC a big bank?
It is the largest bank in Europe, with total assets of US$2.715 trillion (as of August 2020). … HSBC is organised within four business groups: Commercial Banking, Global Banking and Markets (investment banking), Retail Banking and Wealth Management, and Global Private Banking.
Which is the safest bank in the world?
World’s safest banks
| Rank | Bank | Country |
|---|---|---|
| 1 | KfW | Germany |
| 2 | Zuercher Kantonalbank | Switzerland |
| 3 | Landwirtschaftliche Rentenbank | Germany |
| 4 | L-Bank | Germany |
Is HSBC Bank a good bank?
If you’re looking for a full-service bank for more than just checking and savings accounts, HSBC fits the bill. It’s also a top choice if you’re interested in an international bank.
What is the richest bank in America?
How We Make Money
| Rank | Bank name | Total assets |
|---|---|---|
| 1 | JPMorgan Chase & Co. | $3.03 trillion |
| 2 | Bank of America Corp. | $2.26 trillion |
| 3 | Wells Fargo & Co. | $1.77 trillion |
| 4 | Citigroup Inc. | $1.67 trillion |
Who owns the World Bank?
World Bank Group
Why are Swiss banks so secretive?
Bank secrecy in the Swiss region can be traced to the Great Council of Geneva which outlawed the disclosure of information about the European upper class in 1713. As a way of avoiding the Protestant banking system, Catholic French Kings deposited their holdings in Geneva accounts.
Which is biggest bank in the world?
The largest bank in the world in terms of total assets under management (AUM) is the Industrial and Commercial Bank Of China Ltd. This institution provides credit cards and loans, financing for businesses, and money management services for companies and high net worth individuals.
Who owns the most assets in the world?
Rankings by Total Assets
| Rank | Profile | Total Assets |
|---|---|---|
| 1. | AT&T | $551,669,000,000 |
| 2. | Royal Dutch Shell plc | $404,336,000,000 |
| 3. | Exxon Mobil Corporation | $355,804,000,000 |
| 4. | Apple Inc | $341,998,000,000 |
Is Wells Fargo owned by China?
The top ranked bank brand is Industrial and Commercial Bank of China (ICBC), a state-owned Chinese bank with a brand value of $47.83 billion in 2016, a 32% improvement compared with 2015’s brand value. Wells Fargo & Co.
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Who is HSBC bank owned by?
It is part of the worldwide HSBC Group and is wholly owned by Hong Kong-based The Hongkong and Shanghai Banking Corporation Limited.
Which country has the safest banking system?
- Finland. To begin with, Finland’s banking sector is considered to be one of the safest in the world due to the fact that there are mostly savings and co-operative banks. …
- Canada. Canada’s banking system is a textbook example of stability. …
- Hong Kong. …
- Norway. …
- Singapore. …
- Germany. …
- Switzerland. …
- Luxembourg.
Who is CEO of HSBC?
Noel Quinn (Aug 2019–)