The FORBES Global 2000 is a comprehensive list of the world s largest, most powerful public companies, as measured by a composite score of revenues, profits, assets and market value. This year s Global 2000 companies hail from 61 countries and account for combined revenues of $39 trillion, profits of $3 trillion, with assets worth $162 trillion, and a market value of $48 trillion. Full list: The Global 2000 Companies In 2015 In 2015, banks and diversified financials dominate with 434 spots more than one fifth of the world s largest companies representing the largest share of any industry. For the first time since our first ranking in 2003, China s Big Four banks took over the top 4 spots. Among the world s 100 largest banks, China houses the most with 13 banks in total, while the U.S. places second with 11 spots. Canada comes third with 6 spots, followed by the U.K., Japan, Spain, and France. The Industrial and Commercial Bank of China stands out, as it has the highest rank among the world s largest banks across all four metrics ($166 billion in sales, $44 billion in profit, $3.32 trillion in asset, and $278 billion in market value). The juggernaut also tops the overall Global 2000 list for the third consecutive year. This year, Bank of China moved up 5 spots to No. 4 this year, replacing JPMorgan Chase, the largest U.S. bank. Wells Fargo is the second-highest ranked U.S. bank on our list, as it trails JPMorgan Chase in sales and assets. HSBC remains the largest European banks, while Spain s Banco Santander rose to No.10 thanks to its rising profits. 1
The Largest Banks In The World 2015 Here are the world s 25 largest banks: 1. ICBC, China Mission Excellence for You. -Excellent services to clients -Maximum returns to shareholders -Real success for our people -Great contribution to society Vision A global leading bank with the best profitability, performance and prestige. Values Integrity Leads to Prosperity. -Integrity, Humanity, Prudence, Innovation, and Excellence. 2
2.China Construction Bank, China Vision Pioneer always at the forefront of China s economic modernization, strive to be a world-class bank. Mission Provide better service to our customers, create higher value to our shareholders, build up broader career path for our associates and assume full responsibilities as a corporate citizen. Core Values Integrity, Impartiality, Prudence, Creation Concepts 1. Business concept Market-oriented, customer-centric 2. Service concept Customer first, Detail-focused 3. Risk concept Knowing the customer, understanding the market, involving all associates, focusing on top priorities 4. Talent concept Emphasis on comprehensive talent, focus on business performance Style of work Diligent and disciplined, seeking truth and reality 3
3. Agricultural Bank of China, China Mission Excellence for You. Excellent services to clients Maximum returns to shareholders Real success for our people Great contribution to society Vision A global leading bank with the best profitability, performance and prestige. Values Unique Team Spirit and team work Unstoppable passion for excellence, growth and learning Unsurpassed innovation and ability to think outside the box Outstanding communication across offices and with customers 4
4. Bank of China, China Vision is to be YOUR PREMIER BANK Mission is to: Build customer satisfaction and provide quality and professional service Offer rewarding career opportunities and cultivate staff commitment Create values and deliver superior returns to shareholders Core Values are: Social Responsibility - We care for and contribute to our communities Performance - We measure results and reward achievement Integrity - We uphold trustworthiness and business ethics Respect - We cherish every individual Innovation - We encourage creativity Teamwork - We work together to succeed 5
5. JPMorgan Chase, US 6. Wells Fargo, US 7. HSBC Holdings, UK We want to satisfy our customers financial needs and help them succeed financially. 6
8.Citigroup, US mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank an institution connecting millions of people across hundreds of countries and cities. 7
9.Bank of America, US 8
10. Banco Santander, Spain vision is to become the best commercial bank, winning the trust of our staff, customers, shareholders and society at large. 9
11. Mitsubishi UFJ Financial, Japan Vision Be the world s most trusted financial group Work together to exceed the expectations of our customers Strive to understand and respond to the diversified needs of our customers. Maintain and expect the highest levels of professionalism and expertise, supported by our consolidated strength. Provide reliable and constant support to our customers Give the highest priority to protecting the interests of our customers. Promote healthy, sustainable economic growth. Maintain a robust organization that is effective, professional, and responsive. Expand and strengthen our global presence Leverage our strengths and capabilities to attract a loyal global customer base. Adapt rapidly to changes in the global economy and their impact on the needs of our customers. Mission To be a foundation of strength, committed to meeting the needs of our customers, serving society, and fostering shared and sustainable growth for a better world. VALUES Integrity and Responsibility Strive to be fair, transparent, and honest. Always act responsibly in the best interest of customers and society as a whole, building long-term stakeholder relationships and giving back to our communities. Professionalism and Teamwork Respect the diversity of our fellow workers and foster a strong spirit of teamwork. Expect the highest levels of professionalism. 11
Challenge Ourselves to Grow Adopt a global perspective to anticipate trends and opportunities for growth. Create and sustain a responsive and dynamic workplace where everyone can focus on providing outstanding customer service and embrace new challenges. 11
12.Bank of Communications, China 13. Itaú Unibanco Holding, Brazil vision: To be the leading bank in sustainable performance and customer satisfaction. 12
14.Commonwealth Bank, Australia vision The Commonwealth Bank s vision is to excel at securing and enhancing the financial wellbeing of people, businesses and communities. 13
15.Royal Bank of Canada, Canada Purpose Helping clients thrive and communities prosper Vision To be among the world s most trusted and successful financial institutions Values Client First: We will always earn the right to be our clients first choice Collaboration: We win as One RBC Accountability: We take ownership for personal and collective high performance Diversity & Inclusion: We embrace diversity for innovation and growth Integrity: We hold ourselves to the highest standards to build trust Goals To be the undisputed leader in financial services To be the preferred partner to corporate, institutional and high net worth clients and their businesses To be a leading financial services partner valued for our expertise 14
16.China Merchants Bank, China 15
17. Westpac Banking Group, Australia Vision: To be one of the world s great service companies, helping our customers, communities and people to prosper and grow. Our strategy seeks to deliver on this vision by providing superior returns for our shareholders, building deep and enduring customer relationships, being a leader in the community and being a place where the best people want to work. Values: Anticipating the big shifts of demographic and cultural change and their impact on our workplace and customers Creating economic solutions to environmental challenges Helping customers achieve sustainable financial futures in a changed landscape. 16
18.Banco Bradesco, Brazil Vision To be recognized as the best and most efficient financial institution in the country, and for its activities toward banking inclusion and sustainable development. Mission To provide financial and insurance solutions, products and services in adroit, competent fashion, especially through banking inclusion and social mobility promotion, contributing to sustainable development and building long-lasting relationships to create value to shareholders and to society. 17
19.TD Bank Group, Canada Vision To Be the Better Bank. Mission We will be the Best Run, Customer-Focused, Integrated Financial Institution, with a Unique and Inclusive Employee Culture. Strategy To produce long-term, profitable growth by building great franchises and delivering value to our Customers, Shareholders and Communities 18
20. UBS, Switzerland 19
21.Industrial Bank, China 21
22.ANZ, Australia Vision To become a super regional bank providing the scale and quality of a global business to customers in our core markets of Australia, New Zealand, Asia and the Pacific. 21
23.Sumitomo Mitsui Financial, Japan Vision To create a world-leading insurance and financial services group that continues to seeks sustainable growth and to enhance enterprise value. Mission To contribute to the development of a vibrant society and help secure a sound future for the earth, by enabling safety and security through the global insurance and financial services business. 22
24.China Minsheng Banking, China Strategic Positioning To establish advanced cross-border financial service platform and investment platform, and to provide value-added services to Chinese investors in their outbound investments. Investment philosophy Assist leading private enterprises in developing global strategies as well as in identifying overseas quality assets. Promote the investment in the China Dream by credible international investors. Objective and mission CMIH is thriving to become one of the best Chinese cross-border investment institutions. 23
25.National Australia Bank, Australia 24
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26.Credit Suisse Group AG, Switzerland Vision To become the world s most admired bank, renowned for our expertise in private banking, investment banking and asset management, and most valued for our advice, innovation and execution. Mission We set new standards in partnering with our clients and providing them with integrated financial solutions. Cultural diversity is essential to our success. We strive to create an open, respectful workplace that encourages people to work together and with our clients to deliver superior products, services and results and support the success and prosperity of our stakeholders. 26
27.Bank of Communications Co. Ltd, China Vision Drawing strength from our rich history, we will be the best, most admired, and innovative financial services institution, partnering with our customers, employees, and shareholders in wealth creation. Mission We will be a leading provider of quality services consistently delivered to institutions, entrepreneurs, and individuals here and abroad, to meet their financial needs and exceed their rising expectations. We will be a primary catalyst in the creation of wealth for our customers, driven by a desire to help them succeed, through a highly motivated team of competent and empowered professionals, guided by in-depth knowledge of their needs and supported by leading-edge technology. We will maintain the highest ethical standards, sense of responsibility, and fairness with respect to our customers, employees, shareholders, and the communities we serve. 27
28. Goldman Sachs Group Inc., US Vision Our clients' interests always come first. Our experience shows that if we serve our clients well, our own success will follow. Mission Our assets are our people, capital and reputation. If any of these is ever diminished, the last is the most difficult to restore. We are dedicated to complying fully with the letter and spirit of the laws, rules and ethical principles that govern us. Our continued success depends upon unswerving adherence to this standard." 28
29. Rabobank Group, Netherlands Vision Rabobank is faced with far-reaching changes in its environment. Customers want straightforward and transparent financial services and to be able to conduct their banking matters anytime and anywhere. At the same time, the limited economic growth means that earnings are stagnating and bad debt costs remain high. Responding to these developments, Rabobank established the programme Vision 2016 in 2013. This programme is aimed at better customer service at a lower cost. Mission To create value for our customers. Rabobank is guided by the goal of enabling individuals and businesses to participate fully and independently in economic activity in their local communities. As our customers best interests are the foundation of everything we do, we strive to: Offer the best possible financial services that are relevant to our customers needs. Ensure that the continuity of our services is in line with our customers long-term interests. Fulfill Rabobank s commitment to our customers and their environment, to help our customers realise their goals. We set the highest standards of behaviour for Rabobank employees in terms of how we as co-workers interact with one another during the business day, the manner in which we transact business with clients and vendors, and our involvement and participation in communities where we operate. Our goals are to be an employer of choice, a valued and trusted business partner, and a vital participant in the world economy. We realise that the achievement of these goals is directly related to the manner in which we conduct our business and the way we treat our customers and our employees. At Rabobank, our employees are our ambassadors to the world. Goals 1. We strengthen our cooperative identity in our day-to-day conduct. 2. We focus on providing advice to existing customers and specific target groups. 3. We increase our impact in society. 4. We virtualise our services. 5. We reduce our costs and hold each other accountable for this. 29
30.Intesa Sanpaolo SpA, Italy Vision To dedicate all of our talent and our experience to meeting of our clients' needs and to maintain a permanently high quality in all segments of our business operations, for the benefit of our shareholders, employees, and the social community. Mission To ensure continuous utilization of the resources available, through expansion and improvement of our supply, prices and quality of services for our clients, while retaining the highest service levels, aimed at improvement of our overall business operations. Goal To retain the position of an important entity in the economic development of the country, through new offers and activities, by investing into our personnel and into new technologies, by improving individual approach to clients, and by continuously introducing new modern products and services. 31. Crédit Mutuel Group, France 31
32. Nordea Bank AB, Sweden 31
33. Norinchukin Bank, Japan Vision Leading bank that supports the agriculture, fishery and forestry industries, food production and consumption, and the daily lives of local communities. Mission To fully support Japan s agricultural,fisheries and forestry industries as the national-level organization of JA Bank Group,JF Marine Bank Group and JForest Group. Through this support, the Bank contributes to the development of food production and consumption and a better quality of life for the people living in local communities. Securing stable profits through global investments as one of Japan s leading institutional investors is an important activity that we undertake to fulfill our mission. 32
34. Morgan Stanley, US Vision The talent and passion of our people are critical to our success. Together, we share a common set of values rooted in integrity and excellence ". Mission Morgan Stanley s mission is to deliver the finest financial thinking, products and execution in the world. We strive to lead with integrity, put clients first, win in the market place, think like an owner and keep our balance. 33
53. Toronto-Dominion Bank, Canada Vision To Be the Better Bank. Mission We will be the Best Run, Customer-Focused, Integrated Financial Institution, with a Unique and Inclusive Employee Culture. Strategy To produce long-term, profitable growth by building great franchises and delivering value to our Customers, Shareholders and Communities. 34
53. Royal Bank of Canada, Canada Vision Continuing to grow our business in providing total wealth management solutions in a dynamic and competitive marketplace. Mission Providing all clients with professional, personal service, where their needs always come first. 35
53. Banco Bilbao Vizcaya Argentaria SA, Spain Vision At BBVA, we work for a better future for people Mission BBVA is a global financial services Group committed to providing the best solutions to its customers, profitable and sustained growth to its shareholders and progress in the societies where it operates. 36
53. Commerzbank AG, Germany Vision Our vision outlines our beliefs and what we seek to achieve. It represents our common goal and lays the foundations for our actions: As a leading bank for private and corporate customers with a European focus, we aim to become the best bank in Germany and first choice for our customers, employees and investors. We see ourselves as Germany s principal bank, standing for long-term partnership and outstanding service. Mission In our strategic orientation, we have been guided by our vision of becoming the best bank in Germany. The Commerzbank Excellence initiative, which was launched with this goal in mind, aims to improve the quality of the services we provide to our customers, combined with a constant focus on a culture of service and efficient processes, thereby creating the conditions for profitable growth. 37
53.Postal Savings Bank of China, China Vision Mission 38
04. National Australia Bank Ltd., Australia Vision We all believe in success. Mission To provide specific solutions for current and future requirements of our customers, To establish permanent relationships on the strength of our high-quality service philosophy, To make positive contribution to development of environment and our society, To create a working environment which is built upon confidence and which makes our employees feel proud of being a part of it, To recognize importance of profitability for a long-term success 39
04. Bank of Nova Scotia, Canada Vision "We'll be one of the world's leading brand marketing companies by 2015. We'll work with global clients to develop branding strategies for new and existing products. Mission "We create and design logos for Jamaican companies that are easily identifiable and resonate with the public. 41
04. Commonwealth Bank of Australia, Australia vision To be Australia s finest financial services organisation through excelling in customer service Mission To improve the financial lives of our neighbors and their businesses. 41
05. Australia & New Zealand Banking Group Ltd. Australia 42
00. Westpac Banking Corp., Australia Vision To be one of the world s great service companies, helping our customers, communities and people to prosper and grow. Our strategy seeks to deliver on this vision by providing superior returns for our shareholders, building deep and enduring customer relationships, being a leader in the community and being a place where the best people want to work. 03. Standard Chartered Plc, UK Vision & Goal To be a World Class Shared Services Centre for the Standard Chartered Group Our strategy is simple: focus on what s important, not what s merely profitable. And nothing is more important than our people, and the people we work for 43
03. China Merchants Bank Co. Ltd., China Development vision :Creating a blue-chip for the stock market, building a bank that thrives for centuries Strategic objective :Striving to become the best commercial bank in China with international competitive edge Strategic positioning :An innovative bank distinguished by leading profitability, first-class service, strong basic management and excellent brand image. 44
03. Industrial Bank Co. Ltd., China Vision A global leading bank with the best profitability, performance and prestige Mission Excellence for You Excellent services to clients,maximum returns to shareholders Real success for our people,great contribution to society 45
03. Danske Bank A/S, Denmark vision "One platform exceptional brands"". Mission: The best local financial partner 46
03. Shanghai Pudong Development Bank Co. Ltd.,China 47
34. China CITIC Bank Corp. Ltd., China Vision To be the China Bank of Choice Mission To be the China Financial Solutions Provider of Choice for institutional and personal customers who aspire to realise the growth potential in Asia. We focus on value creation for our stakeholders. Core to our offering is our intimate knowledge of and our network capability in China, coupled with our customer-centric execution of world-class quality. Nurturing of talent, team spirit and sharing of ownership and success are a key competitive advantage of ours. Core values Customer-Centric Progressive Execution Value Creating Building People, Building Team Integrity 48
34. Banco do Brasil SA, Brazil Vision "To be the number one bank for Brazilians, companies and the public sector, a benchmark reference abroad, the best bank to work for, recognised for its performance, long-lasting relationships and socio-environmental responsibility." Mission "To be a competitive and profitable bank, promoting the sustainable development of Brazil and fulfilling its public function in an efficient manner". Values Ethics and transparency Commitment to the development of communities and the country Socio-environmental responsibility Respect for the consumer Excellence and specialization in client relationships Participative management, collegiate decisions and working as a team Professional advancement based on merit Brand-name with a competitive differential A proactive approach in the area of risk management Commitment to solidarity, profitability, efficiency and innovation Respect for diversity Commitment to shareholders and society 49
34.China Minsheng Banking Corp. Ltd., China Strategic Positioning To establish advanced cross-border financial service platform and investment platform, and to provide value-added services to Chinese investors in their outbound investments. Investment philosophy Assist leading private enterprises in developing global strategies as well as in identifying overseas quality assets. Promote the investment in the China Dream by credible international investors. Objective and mission CMIH is thriving to become one of the best Chinese cross-border investment institutions 51
35. ABN AMRO Group NV, Netherlands Vision To create sustainable value for our stakeholders Mission Trusted, professional and ambitious: our core values serve as an ethical compass, are at the heart of our corporate culture, and are the basis of everything we do. Goal To find the products and services that are right for you. 51
30. OAO Sberbank of Russia, Russia Mission We instill confidence, provide reliability and make people's lives better by helping them fulfill their aspirations and dreams. Values Our values are at the core of our attitude towards life and work; they are an internal compass that helps us make decisions in complex situations; these are the principles that we follow always and everywhere. 52
33.Bank of Montreal, Canada 53
33. DZ Bank AG, Germany 54
33. La Caixa, Spain Vision 'To be the leading financial group in Spain, with a global approach, recognised for its social responsibility, quality of service, financial strength and ability to innovate. Mission To fully satisfy the financial needs of the greatest number of customers through a suitable and comprehensive range of products and excellent quality of service, with a commitment to provide value to customers, shareholders, employees and society as a whole. 55
33. Itaú Unibanco Holding SA, Brazil vision: To be the leading bank in sustainable performance and customer satisfaction. 56
33. Cassa depositi e prestiti SpA, Italy Mission acts as a catalyst for the growth of Italian infrastructure the Group assists businesses of all sizes, in the export and internationalization process, with Venture Capital funds and investing as a long-term partner in relevant Italian companies 57
34.Resona Holdings Inc., Japan Mission The Resona Group aims at becoming a true "financial services group full of creativity." Goals 1. live up to customers' expectations, 2. renovate its organization, 3. implement transparent management, and 4. develop further with regional societies 58
34.Nomura Holdings Inc., Japan Mission We are committed to enriching society by delivering superior investment services. We are not afraid to continually challenge conventional wisdom and actively encourage change in order to pursue growth. We are committed to putting our clients at the heart of our business, developing and maintaining long-standing relationships based on trust. We are one firm, committed to delivering the full range of our capabilities, knowledge and resources to meet the needs of our clients. We respect diversity and value differences of opinion. 59
34. Sumitomo Mitsui Trust Holdings Inc., Japan (Ⅰ) (Ⅱ) (Ⅲ) (Ⅳ) Swiftly provide comprehensive solutions to our clients by fully utilizing the significant expertise and comprehensive capabilities. Adhere to the principles of sound management based on a high degree of self-discipline with the background of Trustee Spirit and establish strong credibility from society. Strive to fulfill all shareholder expectations by creating distinct values through fusing the various functions featuring the trust bank group. Offer a workplace where the diversity and creativity of its employees are more fully utilized to add value to the organization and where employees can have pride and be highly motivated in fulfilling their missions. Based on the Trustee Spirit and with significant expertise and comprehensive capabilities, Sumitomo Mitsui Trust Group will create distinct values by leveraging a new business model, combining its Banking, Asset Management and Administration, and Real Estate businesses, and will move onto the global stage as a leading trust bank group which boasts the largest and highest status in Japan. In order to pursue the Management Principles of Sumitomo Mitsui Trust Group, the executives and employees commit themselves to comply with the six Codes of Conduct described below. 61
35. DNB ASA, Norway Vision To create value through the art of serving customer. We want to become the best corporate bank in Estonia and to be a great alternative to retail clients. 61
30. China Everbright Bank Co. Ltd, China 62
33. Skandinaviska Enskilda Banken AB, Sweden Purpose We believe that entrepreneurial minds and innovative companies are key in creating a better world. We are here to enable them to achieve their aspirations and succeed through good times and bad. Vision To deliver world-class service to our customers. Core values Customers first We naturally put our customer's needs first, always seeking to understand how to deliver real value. Commitment We are personally dedicated to the success of our customers and are accountable for our actions. Simplicity We strive to simplify what s complex. Collaboration We achieve more working together. 63
33. Landesbank Baden-Württemberg, Germany 64
33. Svenska Handelsbanken AB, Sweden Vision Handelsbanken Finans will be the best finance company in the Nordic region the obvious choice for customers and partners. Business concept The Handelsbanken Finans business concept is to work in close co-operation with Handelsbanken to actively and professionally provide existing and future Handelsbanken Group customers with administrative and financial services. Goals Handelsbanken Finans works as an integral part of the Handelsbanken Group with the aim of generating higher profitability than the Handelsbanken Group. 2002 is the eight year in succession that this aim has been achieved with profitability of 28.8 percent. 65
33. Banco Bradesco SA, Brazil Vision To be recognized as the best and most efficient financial institution in the country, and for its activities toward banking inclusion and sustainable development. Mission To provide financial and insurance solutions, products and services in adroit, competent fashion, especially through banking inclusion and social mobility promotion, contributing to sustainable development and building long-lasting relationships to create value to shareholders and to society. 66
33 Caixa Econômica Federal Brazil 34 Canadian Imperial Bank of Commerce Canada 34 Banco Financiero y de Ahorros SA Spain 34 Bank of New York Mellon Corp. US 35 State Bank of India India 30 U.S. Bancorp US 33 Bayerische Landesbank Germany 535334 33 KBC Group NV Belgium 553333 33 Shinkin Central Bank Japan 543333 33 Dexia SA Belgium 544343 33 DBS Group Holdings Ltd. Singapore 543333 34 Nationwide Building Society UK 545340 34 Woori Finance Holdings Co. Ltd. South Korea 543300 34 PNC Financial Services Group Inc. US 543334 35 Ping An Bank Co. Ltd. China 545343 30 Shinhan Financial Group Co. Ltd. South Korea 433344 33 Capital One Financial Corp. US 433333 33 Swedbank AB Sweden 433340 33 Erste Group Bank AG Austria 434353 33 Belfius Banque SA Belgium 434334 33 Banca Monte dei Paschi di Siena SpA Italy 434340 34 Norddeutsche Landesbank Girozentrale Germany 433340 34 KB Financial Group Inc. South Korea 433343 34 Hana Financial Group Inc. South Korea 433334 35 La Banque Postale France 433303 30 OAO VTB Bank Russia 434344 33 Oversea-Chinese Banking Corp. Ltd. Singapore 433330 33 Nykredit Realkredit A/S Denmark 430345 33 Hua Xia Bank Co. Ltd. China 435335 33 Landesbank Hessen-Thüringen Girozentrale Germany 403344 33 Banco de Sabadell SA Spain 443340 100 Hypo Real Estate Holding AG Germany 222.84 67