And The Biggest Bank In The World.....
last updated: 9 February 2008
is Chinese (and 3 Chinese firms are now in the Top 5).
Bloomberg has compiled a list of the world's biggest banks in terms of market cap as at 31.01.2008.
Here's the Top 20:
1. Industrial & Commercial Bank of China Limited - $277.5bn market capitalization
2. Bank of America - $195.9bn
3. HSBC - $176.7bn
4. China Construction Bank Corp. - $165.2bn
5. Bank of China - $165.0bn
6. JPMorgan Chase - $159.6bn
7. Citi - $140.6bn
8. Wells Fargo - $112.3bn
9. Banco Santander - $109.8bn
10. Mitsubishi UFJ Financial - $105.4bn
11. ABN AMRO - $103.6bn
12. UniCredit - $97.5bn
13. Intesa SanPaolo - $89.8bn
14. BNP Paribas - $88.4bn
15. Goldman Sachs - $87.6bn
16. UBS - $84.8bn
17. BBVA - $78.3bn
18. Sberbank - $77.7bn
19. Royal Bank of Scotland - $76.0bn
20. Wachovia - $75.4bn
Source - Bloomberg