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Showing posts with label HSBC Holdings. Show all posts
Showing posts with label HSBC Holdings. Show all posts

Tuesday, 6 November 2012

Top 10 Largest Banks in the World


Banks are considered to be the backbone of economic condition of any country. The list is arranged and manipulated in the manner to keep in mind the stability and economical gross progress of these banks. America has best economy in the world but still they don’t have top positions. On the other hand China has top two positions as they are fastly growing towards the best country in the World
10. The Commonwealth Bank

The Common Wealth Bank in Australia was founded in 1911 and started its operation in 1912 to conduct a great business regarding savings and general purposes. The Bank has been offering a good deal of services and monetary help regarding Australian citizens. Commonwealth bank of Australia has a total market capitalization of  $82.62 Billion.
9. CitiGroup

The CitiGroup of America has been the largest banking network in the world having branches in over 140 countries. The Citigroup has a total market capitalization of $86.67 Billion
8. Itau UniBanco

It is amazing that Brazil has the the Number 8th Largest Bank in the world. The Itau UniBanco Holdings are known to be the greatest in Southern part of the world. The Itau UniBanco bank has a total market capitalization of $88.18 Billion
7. Bank of China

The Bank of China is the official government sector bank of China. . They did make and authorized Peoples Bank of China as the main bank to issue notes in the country. The total Market capitalization of bank of china now is $102.8Billion
6. JP Morgan Chase

The JP Morgan Chase bank got the 6th spot in the largest bank in the world. The bank has made some good distinctions in the era and worked well for the betterment of the economy of US. The total Market capitalization of JP Morgan Chase is $110 Billion

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