The top 10 Canadian banks had over C$5 trillion in assets as of January 31, 2018. T he 5 largest global custody banks reported more than $100 trillion in assets under custody and administration (AUC/A) at the end of Q1 2016 - representing a … The 10 largest banks in the world have mind-boggling assets of about $25.81 trillion combined. 2 Global Custody Survey, Global Investor ISF, 2011 to 2017, unweighted. Each of those four banks has sought to increase their market share not by innovation, but by acquisition, cross-selling and horizontal aggrandisement of … Different banks from China have taken the top spot for several years in a row. Meet the top 10 banks in Hong Kong, including HSBC, Bank of China, Hang Seng Bank, Bank of East Asia, ICBC, The Bank of New York Mellon Corporation: U.S. 24,266,267 : 2. On one hand, fewer banks mean less competition, which is bad for consumers. A lot has changed since then and we are now moving towards complete digitization of transactions. World's Best Subcustodian Banks 2018; World's Best Subcustodian Banks 2018. Now these banks have to invest fortunes in computing power. The ranking was based upon assets as reported and was not adjusted for different accounting treatments. Your bank deposits, like your. For anyone looking for a career in banking, this list is a great place to start your networking. July 17, 2018 Author: Gordon Platt. ... On top of the custodian bank heap is Bank of New York Mellon, with nearly $28 trillion under custody worldwide, as of March 2014, according to custody and fund administration resource GlobalCustody.net. 1 Standard & Poor’s (AA-) as of February 15, 2018, compared to the top 10 global custodians by AUA . Top banks in Hong Kong Top Banks in Hong Kong This is a guide to the top 10 banks in Hong Kong. For the eighth year in a row, BNY Mellon takes the No. Top Banks in Canada. But on the other hand, big banks have lower costs, which they can pass on to their customers. Euroclear: Belgium: 19,407,827: 3. As an increasing number of fee-based advisors leave wirehouses to go independent, some custodians are experiencing some of the strongest growth in the financial industry. And no matter where you live, you can open an online account with a big bank. A full report on the selections will appear in the July/August issue of Global Finance and online at GFMag.com. 1 spot in Institutional Investor’s annual ranking of the World’s Largest Global Custodians. Introducing the world’s TOP 20 largest banks as of 20 January 2020. Market capitalisation is the amount calculated by multiplying the market price of that company’s share with the total value of outstanding shares. Meanwhile, the number of branches has jumped from 43,790 to 78,014. 3 RBC quarterly results released February 23, 2018 Advertisement . This article lists the Top 10 full-service global investment banks, with a brief introductory description and recent income details of each, based on a combination of …