Winners of our annual Best Sub-custodian Bank Awards are leaders in protecting and servicing client assets in far-flung markets. Top Banks in Canada. Top banks in Hong Kong Top Banks in Hong Kong This is a guide to the top 10 banks in Hong Kong. 1 Standard & Poor’s (AA-) as of February 15, 2018, compared to the top 10 global custodians by AUA . Different banks from China have taken the top spot for several years in a row. See which U.S. banks made the list. Meet the top 10 banks in Hong Kong, including HSBC, Bank of China, Hang Seng Bank, Bank of East Asia, ICBC, 2 Global Custody Survey, Global Investor ISF, 2011 to 2017, unweighted. This has been CFI’s guide to the top banks in Luxembourg. This list contains the top 10 largest banks in the world in terms of market capitalisation. Introducing the world’s TOP 20 largest banks as of 20 January 2020. The 10 largest banks in the world have mind-boggling assets of about $25.81 trillion combined. What Are the Five Largest Custodian Banks? July 17, 2018 Author: Gordon Platt. Top Banks in Canada. On one hand, fewer banks mean less competition, which is bad for consumers. An interesting way of comparing regular banks and custody banks is thinking about lending of securities vs. cash. A full report on the selections will appear in the July/August issue of Global Finance and online at GFMag.com. For the eighth year in a row, BNY Mellon takes the No. J.P. Morgan: U.S. The top 10 Canadian banks had over C$5 trillion in assets as of January 31, 2018. The Bank of New York Mellon Corporation: U.S. 24,266,267 : 2. The world’s four largest custody banks had more than $114 trillion in assets under custody and administration (AUC/A) at the end of Q1 2018 – representing an increase of more than 10… The U.S. is home to only 2 of the world’s largest banks. But on the other hand, big banks have lower costs, which they can pass on to their customers. 1 Standard & Poor’s (AA-) as of February 15, 2018, compared to the top 10 global custodians by AUA . Hong Kong’s banking system is a three-tier system consisting of licensed banks, banks with a restricted license, and deposit-taking banks. 3 RBC quarterly results released February 23, 2018 The ranking was based upon assets as reported and was not adjusted for different accounting treatments. In 2018, there were only 4,718. 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 … Global Finance Names The World’s Best Sub-custodian Banks 2018 NEW YORK, May 16, 2018 – Global Finance magazine has announced its selections for the 16th annual World’s Best Sub-custodians in seven global regions and more than 80 countries. Advertisement . Now these banks have to invest fortunes in computing power. The winners of Global Finance magazine\'s 2017 Best Securities Services Providers awards are coping with stricter regulations and rising interest rates. When many custodian-bank executives started work, their jobs entailed the meticulous counting of mountains of paper securities. And no matter where you live, you can open an online account with a big bank. The ranking of the biggest banks is built according to banks’ total assets. A lot of major reforms have happened post-independence and especially the reforms in 1991. A full report on the selections will appear in the July/August issue of Global Finance and online at GFMag.com. While these banks carried just $10 trillion in total assets, excluding one-time tax charges due to the 2017 Tax Act, these banks earned well over $100 billion in profits. The top 10 Canadian banks had over C$5 trillion in assets as of January 31, 2018. Below is a list of the largest banks in Canada ranked by total assets in billions of Canadian dollars. Read more about this index at the end of the article. Global Finance Names The World’s Best Sub-custodian Banks 2018 NEW YORK, May 16, 2018 – Global Finance magazine has announced its selections for the 16th annual World’s Best Sub-custodians in seven global regions and more than 80 countries. World's Best Subcustodian Banks 2018; World's Best Subcustodian Banks 2018. 3 RBC quarterly results released February 23, 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 … Market capitalisation is the amount calculated by multiplying the market price of that company’s share with the total value of outstanding shares. 1 spot in Institutional Investor’s annual ranking of the World’s Largest Global Custodians. 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. For anyone looking for a career in banking, this list is a great place to start your networking. 2 Global Custody Survey, Global Investor ISF, 2011 to 2017, unweighted. A custodian bank is a special financial institution that carries the responsibility for protecting the These institutions can also be called simply custodians.