The Top Trillionaire Banks In The World (2 of 2)
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6. J.P. Morgan Chase
The services provided by this bank are asset management, private banking, securities services and commercial help to the reputed firms in the world. It has an asset worth of 2.50 trillion dollars and is considered to be one of the two “too big to fail” banks in the world.
7. HSBC Holdings PLC
With over 450 branches and 235,000 employees all across the world, HSBC occupies the 7th spot on the list with a value of worth 2.37 trillion dollars. Customers have access to the global marketing structure via it’s commercial, private and global banking schemes. Initially starting off in 1865 in Hong Kong, now it has its headquarters in London.
8. BNP Paribas
BNP Paribas has one of the biggest networks in the world as it operates in 75 countries and has employees in excess of 190,000. The bank mainly deals with retail banking operations and has a worth of 2.19 trillion dollars. Its major circuit is in Europe, as it handles most of France, Belgium, Italy and Luxembourg’s trade and banking.
9. Bank of America
BAC is the largest bank holding financial institution in the USA when it comes to assets with it being valued at around 2.18 trillion dollars. The company has maintained a relationship with almost all the Fortune 500 companies in the world, as it serves as their banking partner, thereby earning a spot in this elite list of banks. It is a part of the Dow Jones Industrial Average and is also listed in the NYSE.
10. Wells Fargo
The bank, which has overcome all its controversies, Wells Fargo has sneaked into this list at the 10th spot with a value of 1.93 trillion dollars. It is one of the largest retail banks in the United States having about 9000 retail branches in the country and a rough employee strength of 270,000 people who all work day and night to keep the bank floating and remain on the list of the most reputed banks in the entire world.