Top 20 Banks In The World 2018-List of World’s Largest Banks

Top 20 Banks In The World 2018-List of World’s Largest Banks

Banks are continually utilizing their muscles to attempt and control the dominant part funds of the populace. They are each concocting distinctive monetary, managing an account and speculations administrations and offers to lure the market. Those that have possessed the capacity to stamp their experts in the field are those which have figured out how to cross the outskirts of their nations of inception, to the point where they summon a worldwide acknowledgment. Here is the Updated List Of Top 20 Banks In The World 2018.

World’s Largest Banks 2018 – Updated List Of Top 20 Banks In The World 2018

1. JPMorgan Chase

JPMorgan Chase & Co. is an American multinational investment bank and financial services company headquartered in New York City.

JPMorgan Chase (NYSE: JPM) is one of the oldest financial institutions in the United States. With a history dating back over 200 years, here’s where we stand today:
JPMorgan Chase serve millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients.
JPMorgan Chase is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management.
Our stock is a component of the Dow Jones Industrial Average.

Stock price: JPM (NYSE) US$ 109.89 -1.66 (-1.49%)
19 Jul, 4:00 PM GMT-4
Revenue: 9,962.4 crores USD (2017)
Headquarters: New York City, New York, United States
Number of employees: 2,52,539 (2017)
Executives: Jamie Dimon (CEO, Chairperson), MORE
Subsidiaries: Chase Bank, JPMorgan, WePay, Chase Paymentech,

Fact: JP Morgan Chase is the world’s 10th-largest financial services company by revenue ($108.2 B).

2.Industrial and Commercial Bank of China

Industrial and Commercial Bank of China Limited is a Chinese multinational banking company. It is the largest bank in China, and the largest bank in the world by total assets among the top 20 banks in the world 2018.

It is one of China’s “Big Four” state-owned commercial banks.

Industrial and Commercial Bank of China was established on 1 January 1984. On 28 October 2005, the Bank was wholly restructured to a joint-stock limited company. On 27 October 2006, the Bank was successfully listed on both Shanghai Stock Exchange and Stock Exchange of Hong Kong Limited.

Through continuous endeavor and stable development, the Bank has developed into one of the top large listed banks in the world, possessing an excellent customer base, a diversified business structure, strong innovation capabilities and market competitiveness and providing comprehensive financial products and services to 5,784 thousand corporate customers and 530 million personal customers.

With serving the real economy as the foothold of operation and management, the Bank has adhered to new ideas, new finance and new services to support the supply-side structural reform and economic transformation and upgrading and to achieve its own healthy and sustainable development.

The Bank has further promoted reform and innovation as well as business transformation and developed retail finance, asset management, financial market and other businesses into important engines of profit growth.

The pattern of internationalized and diversified operation was further improved, covering 42 countries and territories, and contributed more to the Bank’s profit-making. For the fourth consecutive year in 2016, the Bank ranked 1st place in the three authoritative lists of The Banker’s Top 1000 World Banks, the Forbes Global 2000 and the Fortune Global 500 Sub-list of Commercial Banks.

Stock price: 601398 (SHA) CN¥ 5.46 +0.29 (+5.61%)
20 Jul, 3:00 PM
Headquarters: Xicheng District, Beijing, China
Revenue: 64,168.1 crores CNY (2016)
Total assets: 24.14 lakh crores CNY (2016)
Subsidiaries: ICBC Turkey.
Parent organization: Central Huijin Investment

Fact: ICBC is the world’s fourth-largest financial services company by revenue ($134.8 B).

3.Bank of America

Bank of America Corporation is an American multinational financial services company headquartered in Charlotte, North Carolina. It is ranked 2nd on the list of largest banks in the United States by assets.

Customer service: 00 1 315-724-4022
Credit card support: 00 1 757-677-4701
Stock price: BAC (NYSE) US$ 29.67 -0.47 (-1.56%)
19 Jul, 4:00 PM GMT-4
Headquarters: Charlotte, North Carolina, United States
CEO: Brian T. Moynihan (1 Jan 2010–)
Revenue: 8,735.2 crores USD (2017)

Fact: Bank of America is the second-largest bank in the US by total assets ($2,281 B).

4. Wells Fargo

In the list of top 20 banks in the world 2018, Wells Fargo & Company is an American multinational financial services company headquartered in San Francisco, California, with central offices throughout the country.

Stock price: WFC (NYSE) US$ 56.33 -0.26 (-0.46%)
19 Jul, 4:02 PM GMT-4
Customer service: 000 800 0016 090
Headquarters: San Francisco, California, United States
CEO: Timothy J. Sloan (12 Oct 2016–)
Revenue: 8,838.9 crores USD (2017)
Subsidiaries: Wells Fargo Advisors.

Fact: Wells Fargo is the third-largest bank in the US by total assets ($1,952 B).

5.China Construction Bank

China Construction Bank Corporation is one of the “big four” banks in the People’s Republic of China. In 2015 CCB was the 2nd largest bank in the world by market capitalization and 6th largest company in the world among the top 20 banks in the world 2018.

Stock price: 601939 (SHA) CN¥ 6.78 +0.43 (+6.77%)
20 Jul, 3:00 PM
Parent organization: Ministry of Finance of the People’s Republic of China
Headquarters: Xicheng District, Beijing, China
Founder: Ministry of Finance of the People’s Republic of China
Founded: 1 October 1954, Beijing, China
Subsidiaries: China Construction Bank (Brasil) Banco Múltiplo S.A.

Fact: China Construction Bank Corporation is the second-largest bank in the world by total assets ($3,400.25 B).

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6.HSBC Bank

HSBC Bank plc is one of the largest banking and financial services organisations in the world. HSBC’s international network comprises around 7,500 offices in over 80 countries and territories in Europe.

Customer service: 1860 266 2667
Stock price: HSBA (LON) 717.70 GBX -0.40 (-0.06%)
20 Jul, 9:08 AM GMT+1
Headquarters: London, United Kingdom
CEO: António Simões (1 Sep 2015–)
Revenue: 5,144.5 crores USD (2017)
Subsidiaries: The Hongkong and Shanghai Banking Corporation.

Fact: HSBC Holdings PLC is the seventh-largest bank in the world by total assets ($2,521.77 B).

7.Agricultural Bank of China

Agricultural Bank of China Limited, also known as AgBank, is one of the “Big Four” banks in the People’s Republic of China. It was founded in 1951, and has its headquarters in Dongcheng District, Beijing.

Headquarters: Beijing, China
Stock price: 601288 (SHA) CN¥ 3.54 +0.17 (+5.04%)
20 Jul, 3:00 PM GMT+8
Total assets: 13.24 lakh crores CNY (2016)
Number of employees: 4,44,238 (2012)
Subsidiaries: ABC International Holdings Limited
Owners: Central Huijin Investment (40.42%)

Fact: Agricultural Bank of China is the third-largest bank in the world by total assets ($3,235.65 B).

8.Citigroup

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City.

Customer service: 00 1 210-677-0065
Stock price: C (NYSE) US$ 68.99 -0.86 (-1.23%)
19 Jul, 4:00 PM GMT-4
Headquarters: New York City, New York, United States
CEO: Michael Corbat (16 Oct 2012–)
Revenue: 7,144.9 crores USD (2017)
Subsidiaries: Citibank, Banamex, Citibank Australia, Aeroméxico.

Fact: Citigroup is the fourth-largest bank in the US by total assets ($1,842 B).

9.Bank of China

Bank of China is one of the four biggest state-owned commercial banks in China. Bank of China is legally separate from its subsidiary Bank of China, although they maintain close relations in management.

Stock price: 601988 (SHA) CN¥ 3.55 +0.10 (+2.90%)
20 Jul, 3:00 PM GMT+8
Headquarters: Beijing, China
Total assets: 16.79 lakh crores CNY (2013)
Number of employees: 3,10,042 (2016)
Subsidiaries: Bank of China (Hong Kong), BOC International.
Parent organizations: Bank of China, Central Huijin Investment

Fact: Bank of China is the fourth-largest bank in the world by total assets ($2,991.90 B).

10. China Merchants Bank

China Merchants Bank is a Chinese bank headquartered in Futian District, Shenzhen, Guangdong, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities in China.

Stock price: 600036 (SHA) CN¥ 27.40 +1.78 (+6.95%)
20 Jul, 3:00 PM GMT+8
Headquarters: Shenzhen, China
CEO: Huiyu Tian (May 2013–)
Owner: China Merchants Group (18%)
Subsidiaries: Wing Lung Bank, China Merchants Bank.

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11.Royal Bank of Canada

The Royal Bank of Canada is a Canadian multinational financial services company and the largest bank in Canada by market capitalization among the top 20 banks in the world 2018. The bank serves over 16 million clients and has 80,000 employees worldwide.

Customer service: 00 1 506-864-2275
Credit card support: 00 1 416-974-7780
Stock price: RBCDF (OTCMKTS) US$ 19.20 +0.20 (+1.08%)
13 Jul, 4:00 PM GMT-4 – Disclaimer
Headquarters: Montreal, Canada
Subsidiaries: RBC Capital Markets, RBC Dominion Securities.

12.Santander Group

Banco Santander, S.A., doing business as Santander Group, is a Spanish banking group. As its name suggests, the company originated in Santander, Spain.

Stock price: SAN (BME) € 4.63 -0.02 (-0.48%)
20 Jul, 9:30 AM GMT+2
Headquarters: Boadilla del Monte, Spain
Revenue: 4,839.2 crores EUR (2017)
CEO: José Antonio Alvarez (1 Jan 2015–)
Subsidiaries: Santander Group, Banco Popular Español.
Founders: Antonio Labat, Agustín G. Gutiérrez.

Fact: Banco Santander is the world’s ninth-largest financial services company by revenue ($108.8 B).

13.Commonwealth Bank

The Commonwealth Bank of Australia is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United Kingdom.

Customer service: 022 6139 0100
Stock price: CBA (ASX) A$ 75.90 +0.51 (+0.68%)
20 Jul, 4:10 PM GMT+10
CEO: Matt Comyn
Headquarters: Sydney, Australia
Subsidiaries: Bankwest, Commonwealth Securities, ASB Bank.

14.Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc. is a Japanese bank holding / financial services company headquartered in Chiyoda, Tokyo, Japan.

Stock price: 8306 (TYO) JP¥ 663 -0.50 (-0.08%)
20 Jul, 3:00 PM GMT+9
Revenue: 4.5 lakh crores JPY (2013)
Headquarters: Chiyoda, Tokyo, Japan
CEO: Nobuyuki Hirano (1 Apr 2013–)
Number of employees: 1,06,800 (2015)
Subsidiaries: MUFG Bank, Mitsubishi UFJ Securities.

Fact: Mitsubishi UFJ Financial Group is the fifth-largest bank in the world by total assets ($2,784.74 B).

15.Toronto–Dominion Bank

The Toronto–Dominion Bank is a Canadian multinational banking and financial services corporation among the top 20 banks in the world 2018,headquartered in Toronto, Ontario.

Stock price: TD (TSE) CA$ 76.32 +0.28 (+0.37%)
19 Jul, 4:00 PM GMT-4
Headquarters: Toronto, Canada
CEO: Bharat Masrani (1 Nov 2014–)
Number of employees: 85,000 (FTE, F2014)
Subsidiaries: TD Canada Trust, TD Bank, N.A., TD Securities.

16.BNP Paribas

BNP Paribas is a French international banking group. It is the world’s 8th largest bank by total assets, and currently operates with a presence in 75 countries.

Stock price: BNP (EPA) € 51.75 -0.07 (-0.14%)
20 Jul, 10:24 AM GMT+2
Headquarters: Paris, France
Customer service: 00 33 1 57 08 22 00
CEO: Jean-Laurent Bonnafé (1 Dec 2011–)
Revenue: 4,316.1 crores EUR (2017)
Subsidiaries: BNP Paribas Fortis, Banca Nazionale del Lavoro.

Fact: BNP Paribas is the eighth-largest bank in the world by total assets ($2,357.07 B).

17.Goldman Sachs

The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company headquartered in New York City.

CEO: Lloyd Blankfein (Jun 2006–) Trending
Stock price: GS (NYSE) US$ 229.63 -1.65 (-0.71%)
19 Jul, 4:00 PM GMT-4
Revenue: 3,207 crores USD (2017)
Headquarters: New York City, New York, United States
Subsidiaries: Travelodge UK, J. Aron & Company.
Founders: Marcus Goldman, Samuel Sachs

Fact: Goldman Sachs is the fifth-largest bank in the US by total assets ($916 B).

18.Sberbank of Russia

Sberbank is a state-owned Russian banking and financial services company headquartered in Moscow. The company was known as “Sberbank of Russia” until 2015. Sberbank has operations in several European and post-Soviet countries.

Stock price: SBER (MCX) RUB 210.35 +2.85 (+1.37%)
20 Jul, 11:34 AM GMT+3 – Disclaimer
CEO: Herman Gref (28 Nov 2007–)
Headquarters: Moscow, Russia
Rating: Ba2 (Moody’s), BBB- (Fitch) (2017)
Subsidiaries: PS Yandex.Money, LLC, DenizBank.
Owners: Central Bank of Russia (50%), The Vanguard Group (1.63%)

Fact: Sberbank of Russia is the fourth-largest company of Russia by revenue (₽3,059 billion billion USD).

19.Morgan Stanley

Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City.

Stock price: MS (NYSE) US$ 49.85 -0.20 (-0.40%)
19 Jul, 4:02 PM GMT-4
CEO: James P. Gorman (1 Jan 2010–)
Headquarters: New York City, New York, United States
Revenue: 3,795 crores USD (2016)
Subsidiaries: MORGAN STANLEY & CO Inc, Metalmark Capital.

Founders: Henry Sturgis Morgan, Harold Stanley, Dean G. Witter, Richard S. Reynolds, Jr.

Fact: Morgan Stanley is the sixth-largest bank in the US by total assets ($851 B).

20.U.S. Bancorp

Last but not the least top 20 banks in the world 2018,U.S. Bancorp is a bank holding company based in Minneapolis, Minnesota. It is the parent company of U.S. Bank National Association, known as U.S. Bank, which is ranked 5th on the list of largest banks in the United States.

Customer service: 00 1 503-401-9991
Stock price: USB (NYSE) US$ 51.36 +0.65 (+1.28%)
19 Jul, 4:00 PM GMT-4
Headquarters: Minneapolis, Minnesota, United States
CEO: Andrew Cecere (18 Apr 2017–)
Revenue: 2,205.7 crores USD (2017)
Subsidiaries: U.S. Bank, Elavon, Syncada.

Fact: U.S. Bancorp is the seventh-largest bank in the US by total assets ($462 B).

Conclusion: I have listed down the top 20 banks in the world 2018 with best of my knowledge. The rankings may vary depends on various factors. How do you like the rundown of top 20 banks in the world 2018, please share with your friends and family and let me know the correction if any by commenting below.

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