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25 banks sitting on biggest pile of money in the world

November 18, 2013 13:22 IST

25 banks sitting on biggest pile of money in the world

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Although the global economy is struggling to boost growth, raise savings and generate capital, there are some banks that are witnessing massive increase in their assets.

Let's take a look at banks that have most assets in the world.

Source: Bloomberg Visual Data

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Image: A view of the headquarters of French bank Societe Generale in La Defense business area near Paris.
Photographs: Benoit Tessier/Reuters

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Industrial and Commercial Bank of China

Headquarters: Beijing, China

Founded: 1984

Industry: Banking, financial services, investment services

Total assets: $3.06 trillion

Employees: 405,354

Overall rank in assets: 1

Industrial and Commercial Bank of China, which was founded in 1984, also occupies the top rank on Forbes Global 2000 list of biggest public companies in the world.

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Image: People walk past the entrance of the Industrial and Commercial Bank of China in Paris.
Photographs: Charles Platiau/Reuters

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HSBC Holdings

Headquarters: London, United Kingdom

Founded: 1991

Industry: Banking, financial services

Total assets: $2.64 trillion

Employees: 260,591

Overall rank in assets: 2

HSBC Holdings, which was founded in 1991, has about 7,200 offices in 85 countries that serve 89 million customers.

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Image: A woman uses a cash point machine at a HSBC bank in the City of London.
Photographs: Andrew Winning/Reuters

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BNP Paribas

Headquarters: Paris, France

Founded: 2000

Industry: Financial services

Total assets: $2.51 trillion

Employees: 200,000

Overall rank in assets: 3

BNP Paribas, which was founded in 2000, is one of the highest rated banks in the world.

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Image: A view of the Paris headquarters of BNP Paribas.
Photographs: Mal Langsdon/Reuters

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JPMorgan Chase

Headquarters: New York, United States

Founded: 2000

Industry: Banking, financial services

Total assets: $2.46 trillion

Employees: 260,965

Overall rank in assets: 4

JPMorgan Chase, which was founded in 2000, is the largest bank in the United States by assets.

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Image: A woman walks past JPMorgan Chase's international headquarters on Park Avenue in New York.
Photographs: Andrew Burton/Reuters

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China Construction Bank

Headquarters: Beijing, China

Founded: 1954

Industry: Banking, financial services, investment services

Total assets: $2.45 trillion

Employees: 329,338

Overall rank in assets: 5

China Construction Bank, which was founded in 1954, has 13,629 domestic branches and operations all around the world.

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Image: A woman walks past a branch of the China Construction Bank in Shanghai.
Photographs: Aly Song/Reuters

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Deutsche Bank

Headquarters: Frankfurt, Germany

Founded: 1870

Industry: Banking, financial services

Total assets: $2.41 trillion

Employees: 98,219

Overall rank in assets: 6

Deutsche Bank, which was founded in 1870, has operations in more than 70 countries.

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Image: A view of the headquarters of Deutsche Bank in Frankfurt, Germany.
Photographs: Ralph Orlowski/Reuters

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Agricultural Bank of China

Headquarters: Beijing, China

Founded: 1951

Industry: Banking, financial services

Total assets: $2.38 trillion

Employees: 444,238

Overall rank in assets: 7

Agricultural Bank of China, which was founded in 1951, has 24,000 branches serving 320 million retail customers and 2.7 million corporate clients.

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Image: Red lanterns are hung at the headquarters of the Agricultural Bank of China in Beijing.
Photographs: Bobby Yip/Reuters

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Bank of Tokyo-Mitsubishi UFJ

Headquarters: Tokyo, Japan

Founded: 2006

Industry: Financial services

Total assets: $2.35 trillion

Employees: 33,827

Overall rank in assets: 8

Bank of Tokyo-Mitsubishi UFJ, which was founded in 2006, has 773 offices in Japan and 76 overseas.

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Image: A woman walks past the headquarters of Bank of Tokyo-Mitsubishi UFJ in Tokyo.
Photographs: Toshiyuki Aizawa/Reuters

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Credit Agricole

Headquarters: Paris, France

Founded: 2000

Industry: Financial services

Total assets: $2.32 trillion

Employees: 161,280

Overall rank in assets: 9

Credit Agricole, which was founded in 2000, is the largest retail banking group in France.

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Image: Passers-by walk in front of a branch of French bank Credit Agricole in Marseille, France.
Photographs: Jean-Paul Pelissier/Reuters

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Barclays

Headquarters: London, United Kingdom

Founded: 1690

Industry: Banking, financial services

Total assets: $2.27 trillion

Employees: 139,900

Overall rank in assets: 10

Barclays, which was founded in 1690, has operations in more than 50 countries serving about 48 million customers.

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Image: Cyclist ride bicycles sponsored by Barclays Bank at Camden Lock in London.
Photographs: Suzanne Plunkett/Reuters

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Bank of China

Headquarters: Beijing, China

Founded: 1912

Industry: Banking, financial services

Total assets: $2.26 trillion

Employees: 288,687

Overall rank in assets: 11

Bank of China, which was founded in 1912, is the second-largest lender in China.

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Image: A security official and a man walk past a signboard of Bank of China at its branch in Beijing.
Photographs: Kim Kyung-Hoon/Reuters

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Bank of America

Headquarters: North Carolina, United States

Founded: 1998

Industry: Banking, financial services

Total assets: $2.12 trillion

Employees: 262,812

Overall rank in assets: 12

Bank of America, which was founded in 1998, has operations in all 50 states in the United States and 40 other countries.

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Image: Pedestrians walk past a Bank of America branch in New York.
Photographs: Lucas Jackson/Reuters

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Citigroup

Headquarters: New York, United States

Founded: 1812

Industry: Banking, financial services

Total assets: $1.90 trillion

Employees: 259,000

Overall rank in assets: 13

Citigroup, which was founded in 1812, has about 16,000 offices in 140 countries.

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Image: A Citibank sign on the side of a branch in New York.
Photographs: Lucas Jackson/Reuters

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Royal Bank of Scotland Group

Headquarters: Edinburgh, Scotland

Founded: 1727

Industry: Finance and insurance

Total assets: $1.84 trillion

Employees: 150,000

Overall rank in assets: 14

Royal Bank of Scotland Group, which was founded in 1727, has operations all around the world.

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Image: A man uses an ATM outside a branch of the Royal Bank of Scotland in the City of London.
Photographs: Andrew Winning/Reuters

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Mizuho Financial Group

Headquarters: Tokyo, Japan

Founded: 2001

Industry: Banking, financial services

Total assets: $1.75 trillion

Employees: 56,109

Overall rank in assets: 15

Mizuho Financial Group, which was founded in 2001, has operations in more than 30 countries.

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Image: A woman stands under an umbrella outside a Mizuho bank branch in Tokyo.
Photographs: Yuriko Nakao/Reuters

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Societe Generale

Headquarters: Paris, France

Founded: 1864

Industry: Financial services

Total assets: $1.63 trillion

Employees: 171,955

Overall rank in assets: 16

Societe Generale, which was founded in 1864, is one of the most admired companies in the world.

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Image: View of Societe Generale's headquarters in La Defense near Paris.
Photographs: Charles Platiau/Reuters

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Banco Santander

Headquarters: Santander, Spain

Founded: 1857

Industry: Financial services

Total assets: $1.61 trillion

Employees: 186,763

Overall rank in assets: 17

Banco Santander, which was founded in 1857, has operations all around the world.

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Image: A pedestrian walks past a branch of a Santander bank in London.
Photographs: Suzanne Plunkett/Reuters

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Wells Fargo

Headquarters: New York, United States

Founded: 1852

Industry: Banking, financial services

Total assets: $1.48 trillion

Employees: 269,200

Overall rank in assets: 18

Wells Fargo, which was founded in 1852, has 9,000 retail branches serving more than 70 million customers in the United States.

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Image: A customer enters the Wells Fargo bank branch in Golden, Colorado.
Photographs: Rick Wilking/Reuters

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Sumitomo Mitsui Financial Group

Headquarters: Tokyo, Japan

Founded: 2002

Industry: Banking, financial services

Total assets: $1.47 trillion

Employees: 62,379

Overall rank in assets: 19

Sumitomo Mitsui Financial Group, which was founded in 2002, is one of the biggest financial institutions.

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Image: A woman walks past a signboard of Sumitomo Mitsui Banking Corporation in Tokyo.
Photographs: Kim Kyung-Hoon/Reuters

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Lloyds Banking Group

Headquarters: London, United Kingdom

Founded: 2009

Industry: Financial services

Total assets: $1.40 trillion

Employees: 120,449

Overall rank in assets: 20

Lloyds Banking Group, which was founded in 2009, has operations all around the world.

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Image: A bus passes a branch of Lloyds bank in the City of London.
Photographs: Andrew Winning/Reuters

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UBS

Headquarters: Zurich, Switzerland

Founded: 1854

Industry: Banking, financial services

Total assets: $1.16 trillion

Employees: 62,628

Overall rank in assets: 21

UBS, which was founded in 1854, has operations in more than 50 countries.

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Image: People walk in front of a branch of Swiss bank UBS in Zurich.
Photographs: Michael Buholzer/Reuters

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UniCredit

Headquarters: Rome, Italy

Founded: 1895

Industry: Financial services

Total assets: $1.15 trillion

Employees: 162,010

Overall rank in assets: 22

UniCredit, which was founded in 1895, has 40 million customers and operations in 22 countries.

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Image: People walk past UniCredit Bank branch in Riga, Latvia.
Photographs: Ints Kalnins/Reuters

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Credit Suisse

Headquarters: Zurich, Switzerland

Founded: 1856

Industry: Financial services

Total assets: $990 billion

Employees: 47,400

Overall rank in assets: 23

Credit Suisse, which was founded in 1856, has operations all around the world.

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Image: People walk past an office building of Swiss bank Credit Suisse in Zurich.
Photographs: Arnd Wiegmann/Reuters

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Bank of Communications

Headquarters: Shanghai, China

Founded: 1908

Industry: Financial services

Total assets: $942 billion

Employees: 79,122

Overall rank in assets: 24

Bank of Communications, which was founded in 1908, is one of the largest banks in China.

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Image: People walk past the Bank of Communications at its central branch in the financial district of Hong Kong.
Photographs: Aaron Tam/Reuters

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Goldman Sachs

Headquarters: New York, United States

Founded: 1869

Industry: Banking, financial services

Total assets: $923 billion

Employees: 31,700

Overall rank in assets: 25

Goldman Sachs, which was founded in 1869, primarily deals with institutional clients.


Image: A sign shows the address of the Goldman Sachs headquarters building in New York.
Photographs: Lucas Jackson/Reuters

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