Top ten banks in the world

In this article we would be discussing about the top ten banks in the world. Banks are institutions that financially provides products and services by managing deposits,lending,investment,currency exchange,management or wealth/money.

Banks are very important and assists a lot in the economic growth of a nation and the world generally.

The largest banks in the world play a very important role in the economy of the world. They perform a lot of economic service like facilitating of international trade,they provide business loans and offers a lot financial services to millions customers globally.

The big banks has a lot of role to play economically that is why we would list the top 10 banks in the world.

* JPMorgan Chase:

The first on our list is the JPMorgan Chase. The JPMorgan chase is the biggest bank in America and also a Multinational finanancial service firm. It is one of the biggest and top bank in the world with a market cap of $419 billion.

The firm headquarter is located in New york city and it is involved in corporate lending,wealth management,investment and asset management. It makes our list for top banks in the world.

* Bank of America:

Another bank on our list is the bank of America.

The bank of America is a United state bank. It is a bank that offers services for individual clients and also businesses of all sizes. The Bank of America provides banking and financial services as they help in management of wealth,government,investment banking,corporate banking and many more. This is one of the top bank in the world with a market cap of $231 billion.

*Bank of China:

The next on our list is the bank of china. The bank of china is a bank headquarted in Beijing. The bank was founded in the year 1912 and have gone on to become one of the largest banks in the world. It is also one of the oldest bank in china.

Bank of china market cap is $136 billion.

* Industrial and Commercial Bank of China:

Industrial and commercial bank of china is another Top bank on our list.

The Industrial and commercial bank of china is a chinese multinational bank. They are also among the biggest lenders in the world. They provide financing for business,loans,money management services for companies and many more.

Industrial and commercial bank of china market cap is $194 billion.

* Agricultural Bank of china:

Another bank on our list is the Agricultural bank of China. The Agricultural bank of China is also known as AgBank. It was founded on 10th July 1951 and since then it as become one of the big bank in china and also in the world. This bank plays a key role in supporting china's Agricultural sector.

Agricultural Bank of china market cap is $160 billion

*Well Fargo:

Wells Fargo is another top bank on our list. Well Fargo & company is an American multinational financial services company as it offers financial services in about 35 countries.

This bank assists in investment banking,asset management and more. This is one of the top banks in the world.

Wells fargo market cap is $155 billion.

*Morgan Stanley:

Another top bank on our list is the morgan stanley.

Morgan stanley is an American multinational investment bank. The bank is headquartered at New york city. This is a bank with a very good financial performance. They have offices in 41 countries and are one of the top on our list.

Morgan stanley market cap is $140 billion.

*HSBC:

HSBC(HongKong and shanghai Banking corporation) is a global bank and finacial service firm headquartered in london. This bank caters to millions of customers worldwide, it also operates in more than 50 countries in the world.

HSBC market cap is around $148 billion.

* China construction Bank:

Another Top bank on the list is the china construction bank. This bank is the second largest bank globally in term of total assets.

This bank plays a key role china's construction projects.

This bank is one of the bank that is really valued high globally.

China construction bank market cap is around $139 billion.

*HDFC Bank:

Another bank on the top list is the HDFC Bank.

With a total asset of around $278 billion,this bank is one of the largest lender in india and also in the world.

It offers services to millions of clients globally.

HDFC Bank market cap is around $157 billion.

NOTE

Our list contains top ten banks in the world with there market cap. Do well to follow our list carefully.

Komolafe Peter Adedayo

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