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By 1962, Union Bank of Switzerland reached CHF 6.96 billion of assets, narrowly edging ahead of Swiss Bank Corporation to become the largest bank in Switzerland. [106] The rapid growth was punctuated by the 1967 acquisition of Interhandel, which made UBS one of the strongest banks in Europe. [95]
The Pictet Group, known as Pictet, is a Swiss multinational private bank and financial services company founded in Switzerland. Headquartered in Geneva, it is one of the largest Swiss banks and primarily offers services in wealth management, asset management, and asset servicing, to private clients and institutions.
Swiss Bank Corporation (French: Société de banque suisse; German: Schweizerischer Bankverein) was a Swiss investment bank and financial services company located in Switzerland. Prior to its merger, the bank was the third largest in Switzerland, with over CHF 300 billion of assets and CHF 11.7 billion of equity. [1]
North America $541.24 15 The Bank of New York Mellon United States North America $444.44 16 Capital One United States North America $432.38 17 Itaú Unibanco Brazil South America $371.38 18 Banco do Brasil Brazil South America $340.89 19 State Street Corporation United States North America $314.62 20 Desjardins Group Canada North America $313.78
It publishes a list of the World 1000 Largest Banks every July. [2] The financial data published by the July yearly issue of The Banker are much more extensive compared to the S&P Top 100 banks, but it is not a publication intended for the general public. The KfW bank is manually inserted due to its assets of c. 650 billion. [3]
The business was a success. He was named honorary consul of Switzerland in San Francisco in 1859, and then returned to Geneva in 1873, where he founded the Swiss American Bank, which would then become the parent company of the bank Hentsch & Cie in San Francisco (unrelated to what is now the Lombard Odier group). [51] Édouard Hentsch (1829–1892)
Bank name Country Total assets (2023) (billions of US$) Headquarter city 1 JPMorgan Chase United States: $3,898.33 New York City: 2 Bank of America United States: $3,051.38 Charlotte: 3 Citigroup United States: $2,416.68 New York City 4 Wells Fargo United States: $1,881.02 San Francisco: 5 Royal Bank of Canada Canada: $1,544.17 Montreal: 6 TD ...
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets). [2]