A surprisingly small number of corporations control massive global market shares. How many of the brands below do you use?
It’s a Small World at the Top:
Banking
Largest banks hold a total of $25.1 trillion:[1]
1.) ICBC, China, $2.95 trillion in assets, over 18,000 outlets, 108 branches globally
2.) HSBC holdings, UK, $2.68 trillion in assets, 6,600 offices in 80 countries, 55 million customers
3.) Deutsche Bank, Germany, $2.6 trillion in assets, 2,963 branches, 70 countries, 46 million customers
4.) Credit Agricole Group, France, $2.58 trillion in assets, 60 countries, over 21 million clients
5.) BNP Paribas, France, $2.51 trillion in assets
6.) Mitsubishi UFJ Financial Group, Japan, $2.49 trillion in assets
7.) Barclays PLC, United Kingdom, $2.41 trillion in assets
8.) JPMorgan Chase & Co., U.S., $2.39 trillion in assets
9.) China Construction Bank Corp., China, $2.36 trillion in assets
10.) Japan Post Bank, Japan, $2.12 trillion in assets
Enough to fund the federal U.S. government for over 7 years.[2]
Or roughly $3500 per person on earth.