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The four largest banks on Earth aren't in New York or London. They're in Beijing.
According to S&P Global's 2025 rankings, China owns the top four spots:
ICBC – $6.69 trillion. The biggest. Specializes in business loans. Had the world's largest IPO in 2006.
Agricultural Bank of China – $5.92 trillion. Started in 1951 financing farms. Now does everything. Nearly 23,000 branches.
China Construction Bank – $5.56 trillion. Founded in 1954. Global branches from Tokyo to New York to Johannesburg.
Bank of China – $4.8 trillion. China's oldest mainland bank (1912). Over 550 overseas branches.
Combined assets: Over $23.17 trillion.
Who controls them? The Chinese Communist Party. All four are state-owned, headquartered in Beijing. Managers are party-appointed. The PBOC (People's Bank of China) calls the shots on monetary policy.
Where does the U.S. rank? JPMorgan Chase and Bank of America are #5 and #6. Respectable — but not top four.
Bottom line: China doesn't just make your phone. It owns the world's banking system. 🏦🇨🇳

References: www.papers.ssrn.com - www.visualcapitalist.com - www.reuters.com - www.investopedia.com

Disclaimer: This Post is for Informational, Educational and journalistic Purposes only, based on Publicly Available Reports. It is not intended to promote, incite, or glorify hatred, violence, discrimination, or harm against any individual, group, nation, ethnicity, religion, or political affiliation. Views expressed do not represent any official stance. Always verify with official sources. The Video is AI generated and is just for reference.

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Transcript
00:00the four largest banks in the world aren't in new york or london they're in china icbc
00:05agricultural bank of china china construction bank and bank of china together they hold over
00:1123 trillion dollars in assets all are state-owned all are controlled by the chinese communist party
00:16and all are headquartered in beijing jp morgan chase and bank of america they're number five
00:22and six china doesn't just make your phone it owns the world's banking system
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