1. JPMorgan Chase. Total Assets: $4.143 Trillion. JPMorgan Chase is the largest US-based bank and the fifth-largest bank in the world in terms of total assets. It is a leading player in...
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The U.S. banking giant JPMorgan Chase & Co. is currently the largest bank in the World in terms of market capitalization. The world's 50 biggest banks have a combined market cap of more than US$ 5.02 trillion (January 8, 2024). Source: Stock Market Data. The World's largest banks and banking groups by market capitalization in 2024.
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Industrial and Commercial Bank of China Ltd., with assets of $6.303 trillion, retained its place as the world's biggest bank as the Chinese megabanks occupied the top four positions. Agricultural Bank of China Ltd. overtook China Construction Bank Corp. to claim second place, in what was the only change to the top six spots from a year ago.
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World’s Biggest Banks 2023. November 9, 2023. Author: David Sanders. This year’s ranking reflects dramatic balance-sheet declines at some of the world’s biggest banks. Global Finance ’s World’s Safest Banks 2023 ranking offers a revealing snapshot of a watershed period in global banking.
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To identify the banks around the world that have managed to maintain consumer trust and meet their clients’ financial needs in this economic climate, Forbes ranked the World’s Best...
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The five largest banks by market capitalization are JPMorgan Chase, Bank of America, Industrial and Commercial Bank of China, Agricultural Bank of China, and Wells Fargo.
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By Zia Khan, Harry Terris, Ben Meggeson, and Mohammad Taqi. Click here to view the latest 2024 edition of this article. Chinese banks extended their dominance as the world's largest lenders in 2022, bucking declines in balance sheets among global peers amid rate hikes and slowing economic growth.
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European banks lost some of their dominance in global asset size rankings in 2021, while major Chinese lenders maintained their lead as the world's biggest financial institutions.
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This year’s World’s Best Bank award winner, Bank of America, which spent more than $11 billion on technology in 2022, highlights the need for banks to focus on the stability, resilience and security of their platforms to help cope with volatility.
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