Top of the World"s Most Reliable Banks
J.P. Morgan Chase & Co. is one of the oldest financial companies in the world. This a leading company in managing assets, investment and private banking, fiscal services and operations with securities. In 2000 J.P.Morgan & Co. and Chase Manhattan Corp. were merged. As a result, JPMorgan Chase & Co. appeared. $2.3 trillion of assets made J.P. Morgan Chase & Co. the first company among Citigroup and Bank of America. Coreporate headquarters is located in New York, commercial one - in Chicago.
Industrial and Commercial Bank of China was founded in 1984, and today this is one of the largest banks in the world. Securities are owned by Chinese government. Together with China Construction Bank, Bank of China andAgricultural Bank of China is a member of the Great Four state banks of China. ICBC has more than 18,000 branches and controls one-fifth of the Chinese banking sector. The list of services provided by this bank includes e-banking, general banking services, investing services etc.
Credit Agricole S.A. was founded in 1894. Today, Credit Agricole S.A. is the second European and the largest retail banking group in France. The company works in such directions as regional and local banks and branches. CASA controls 25% of assets of 39 local banks. Subdivisions of Credit Agricole S.A. include Calyon Financial, CLSA, Predica and Pacifica, Credit Agricole CIB and LCL.
Citigroup was established in 1998 as a result of merging Citicorp and Travelers Insurance Group. The company serves about 200 million clients in 139 countries of the world. Citigroup is the largest company in the world and the initial dealer of stocks of American Treasury.
The company has offices in many countries and is considered to be the largest credit card issuer. Citigroup keeps on growing and emerging with other companies.
Bank of America National Trust and Savings Association is the largest banking monopoly in the United States. Although, there always have been negative Bank reviews about this company, Bank of America is one of the most popular financial institutions among Americans. The bank was founded in 1904 by the Italian Amadeo Giannini in San-Francisco. Amadeo was the first to focus on serving the middle class.Since 1958 Bank of America started making credit cards that lately turned into modern VISA cards.
Bank of America is tightly connected with Douglas aircraft, Hurst's newspaper trust, agricultural company California Land. Company's headquarters is located in San-Francisco and major part of its activity is concentrated in California. Bank plays a huge role in placing foreign loans, owns branches in New York and Italy and participates in work of credit institutions in many countries of the world.