The list of the biggest banks in the world by total assets

In this post, we are going to see the list of the biggest banks in the world by total assets. This ranking is built according to banks’ total assets, which are the assets owned by the entity that has economic value whose benefits can be derived in the future. Let’s see now the ranking of the 30 largest banks in the world ranked by total assets, which are expressed in billions of USD. Industrial & Commercial Bank of China is the largest bank in the world’s with assets of USD 5438 billion. China Construction Bank occupies the second place in… Continue reading

List of largest banks in the United States by total assets

In this article, we are going to see the list of the largest banks in the United States by total assets. The banks’ total assets are the assets owned by the banks that has economic value whose benefits can be derived in the future. Let’s see now which are the 56 largest banks in the United States by total assets. JP Morgan Chase is the largest bank in the US by total assets. It is also the biggest bank in the United States by deposits and market cap. Bank of America Corp occupies the second place in the ranking, and… Continue reading

The world’s largest banks by market capitalization

As we know, the market capitalization changes over time and this means that some banks become larger and others become smaller. In this work we are going to see the ranking of the 60 largest banks in the world ranked by market capitalization, which is expressed in billions of USD. The largest bank in the world by market capitalization is JP Morgan Chase & Co with 466 billion USD. The second place is occupied by Bank of America with 347 billion USD, and the third place is occupied by Industrial & Commercial Bank of China with 270 billion USD. China… Continue reading

Beginner’s guide to mortgages

If you have sufficient means to purchase a house for cash, then you certainly can afford to buy one now. Even if you can’t pay in cash, most experts would agree that you can afford the purchase if you can qualify for a mortgage on a new home. A mortgage is a type of loan that is secured by real estate. When you get a mortgage, your lender takes a lien against your property, meaning that they can take the property if you default on your loan. Mortgages are the most common type of loan used to buy real estate—especially… Continue reading