TOP 10 : BIGGEST BANKS WORLDWIDE

RREVENUE US $ 98.8BN ( 2023 ) EMPLOYEES 216,000 ( 2023 ) ( ESTIMATE ) CEO BRIAN MOYNIHAN

FOUNDED 1904 ( AS BANK OF ITALY IN SAN FRANCISCO ) Renamed to Bank of America in 1930 . The modern Bank of America Corporation was formed through the 1998 merger between BankAmerica and NationsBank .

Commanding one of the largest retail banking networks in the United States , Bank of America combines extensive consumer reach with significant institutional banking capabilities . The bank has distinguished itself through aggressive digital transformation , boasting one of banking ’ s most successful mobile apps and AI-powered virtual assistant , Erica . Its commitment to environmental financing and community development , alongside substantial investments in cybersecurity and cloud infrastructure , demonstrates how traditional banking giants can adapt to meet contemporary challenges while maintaining market leadership . CREDIT : GETTY

48 March 2025

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