SNL - Classement top100 banques au monde

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lundi 3 août 2015 Largest top 100 banks in the world By Divya Lulla and JahanZaib Mehmood Chaudhary and Maria Tor, completed by Eric Leger China now has four of the five largest banks in the world after weakening currencies pushed French and Japanese companies out of the top five this year, according to SNL Financial's latest global bank rankings. SNL ranks the largest banks in the world by converting their total assets into U.S. dollars using the exchange rate as of the end of the period measured. Most banks were ranked by total assets for the quarter ended March 31, 2015. Changes in the rankings since 2014 are partly due to fluctuations in the companies' reported currencies against the U.S. dollar. Paris-based BNP Paribas SA fell to No. 7 from No. 4 in SNL's 2014 ranking, as its assets declined to an equivalent of $2.568 trillion as of March 31, 2015 from $2.595 trillion in assets as of March 31, 2014. Currency conversion helped drive the decline, as the company's assets actually rose when measuring in euros, to €2.392 trillion from €1.883 trillion. Also departing the top five, Tokyo-based Mitsubishi UFJ Financial Group Inc. fell to No. 8 from No. 5, partly based on a lower valuation of its assets in U.S. dollars. There is now only one bank in the top five that is not headquartered in China (but with major chinese lead) : London-based HSBC Holdings Plc. It ranks No. 4, with $2.670 trillion in assets, down from its ranking of No. 2 in 2014, with $2.758 trillion in assets. Page 1 of 5

Transcript of SNL - Classement top100 banques au monde

Page 1: SNL - Classement top100 banques au monde

lundi 3 août 2015

Largest top 100 banks in the world

By Divya Lulla and JahanZaib Mehmood Chaudhary and Maria Tor, completed by Eric Leger

China now has four of the five largest banks in the world after weakening currencies pushed French and Japanese companies out of the top five this year, according to SNL Financial's latest global bank rankings.

SNL ranks the largest banks in the world by converting their total assets into U.S. dollars using the exchange rate as of the end of the period measured. Most banks were ranked by total assets for the quarter ended March 31, 2015.Changes in the rankings since 2014 are partly due to fluctuations in the companies' reported currencies against the U.S. dollar.

Paris-based BNP Paribas SA fell to No. 7 from No. 4 in SNL's 2014 ranking, as its assets declined to an equivalent of $2.568 trillion as of March 31, 2015 from $2.595 trillion in assets as of March 31, 2014. Currency conversion helped drive the decline, as the company's assets actually rose when measuring in euros, to €2.392 trillion from €1.883 trillion.Also departing the top five, Tokyo-based Mitsubishi UFJ Financial Group Inc. fell to No. 8 from No. 5, partly based on a lower valuation of its assets in U.S. dollars.There is now only one bank in the top five that is not headquartered in China (but with major chinese lead) : London-based HSBC Holdings Plc.It ranks No. 4, with $2.670 trillion in assets, down from its ranking of No. 2 in 2014, with $2.758 trillion in assets.

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The largest bank in the world continues to be Beijing-based Industrial & Commercial Bank of China Ltd., with assets calculated at $3.452 trillion.Replacing HSBC at No. 2 is Beijing-based China Construction Bank Corp., which moved up from No. 3 last year, holding $2.819 trillion in assets.The third-largest bank is Agricultural Bank of China Ltd., also based in Beijing, which shot up from No. 7 in 2014.The fifth-largest bank is Bank of China Ltd., which rose from No. 8.

The largest U.S.-based bank, New York-headquartered JPMorgan Chase & Co., remains as the sixth largest bank in the world, but it would rank No. 1 if it followed the same accounting principles as the Chinese banks, SNL's analysis shows. U.S. banks report their financials in U.S. GAAP, while the largest Chinese banks report under the IFRS accounting principle.Under U.S. GAAP, banks report the net amount of derivative assets on their balance sheets, while IFRS companies must report the gross amount of derivative assets.If JPMorgan filed under IFRS, SNL estimates it would add assets of $1.249 trillion, bringing its total assets to $3.827 trillion, and making it the largest bank in the world.SNL did not perform the same analysis on banks that report under Japanese GAAP or other types of GAAP.

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New entrants to the top 100 bank ranking are Beijing-based Bank of Beijing Co. Ltd. at No. 93 and Taipei, Taiwan-based Cathay Financial Holding Co. Ltd. at No. 97.

Falling off last year's top 100 ranking are Siena, Italy-based Banca Monte dei Paschi di Siena SpA, which took 90th place in 2014, and Frankfurt am Main, Germany-based Landesbank Hessen-Thüringen Girozentrale, which had ranked at 98.

Sixteen of the top 100 banks in the world are in China, while 11 are U.S.-based. Europe, including Russia, houses 43 of the top 100 banks, down from 45 in 2014 and 47 in SNL's 2013 ranking.

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The ranking of largest banks by assets was compiled using the Companies perspective of the Data Wizard in SNL Office.

To view a ranking of world banks using the most recent financials and the most recent currency exchange rate, click here.

Click here to view the above charts in Excel and here to view the above map in PDF.

Click here for SNL's 2014 rankings and here for SNL's 2013 rankings.

For the largest banks in Europe, click here. For the largest banks in the U.S., click here. For the largest Asia-Pacific banks, click here.

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