(This is part of a special Reuters News package
highlighting Canada's financial sector. For a complete listing
of stories, click on [ID:nN19445229].)
June 22 (Reuters) - Canadian banks once grumbled that they
were too small to compete in a global market. Now, thanks
mostly to the crumbling market capitalization of large banks
around the world, two Canadian banks are in the world's top 20,
and one is following just behind.
Here is the ranking of the worlds biggest banks by market
capitalization at mid-June, in U.S. dollars:
Canada's banks are marked with an asterisk.
Rank Company Name Ticker Market Capitalization
1 ICBC (1398.HK) $238.4 bln
2 HSBC Holdings (HSBA.L) $149.4 bln
3 Bank of China (3988.HK) $143.8 bln
4 JPMorgan Chase (JPM.N) $125.9 bln
5 Wells Fargo & Co (WFC.N) $114.8 bln
6 Banco Santander (SAN.MC) $88.9 bln
7 Bank of America (BAC.N) $81.5 bln
8 Mitsub Ufj Fg (8306.T) $73.0 bln
9 BNP Paribas (BNPP.PA) $68.8 bln
10 * Royal Bk Can (RY.TO) $55.5 bln
11 CS Group AG (CSGN.VX) $50.6 bln
12 Westpac Banking (WBC.AX) $46.0 bln
13 Commonwealth Bk (CBA.AX) $45.4 bln
14 BBVA (BBVA.MC) $43.1 bln
15 * Toronto-Dom Bk (TD.TO) $42.5 bln
16 Unicredit (CRDI.MI) $40.9 bln
17 Intesa SanPaolo (ISP.MI) $38.1 bln
18 UBS AG N (UBSN.VX) $38.0 bln
19 Deutsche Bank (DBKGn.DE) $37.1 bln
20 Barclays (BARC.L) $37.1 bln
21 * Bk Nova Scotia (BNS.TO) $35.6 bln
22 Royal Bank Scot (RBS.L) $34.2 bln
23 US Bancorp (USB.N) $33.9 bln
24 Natl Aust Bank (NAB.AX) $33.1 bln
25 SMFG (8316.T) $32.3 bln