International BanksInternational banking is growing more and more because of the transformation of the world into a global economy. A number of regional banks which served at national or regional level have transformed into international banks. Some of the key international banks are considered as major players of the world financial market. These international banks are spread across most of the countries and allow anyone to operate his bank account from anywhere they have a branch. The first name that strikes the mind of most people whenever someone talks about international banks is Citibank. Citibank N. A. is a premiere banking institution in the world. The bank was founded in 1812 under the name City Bank of New York. As of 2006, Citibank had a total of 300,000 employees. The end year assets of Citibank as of 2005 totaled at $1.50 trillion US. The net income of Citibank at the end of 2005 was $24, 589,000,000. Among the premier international banks from the European Union comes BNP Paribas. The bank is based in Paris, France. It was a result of the merger of Pribas and Banque Nationale de Paris.The bank is among the oldest three in France. As of 2006, the net income of BNP Paribas was 7.30 billion Euros. The total number of personnel employed by BNP Paribas as of 2007 is 138,000. By total assests BNP Paribas is the largest bank in the Eurozone. It is present in 80 countries. Deutsche Bank is another name in the list of international banks. The bank was founded in 1870 and it is based in Germany. As of 2005, Deutsche Bank had a revenue of 41.708 million Euros. The bank employs more than 75000 people. It is also one of the largest investement banks all over the world when ranked by revenue and profit. The bank works through its three divisions namely corporate and investment bank, Corporate investments and Private Clients and Asset Management. No list of international banks can be complete without a mention of The Hongkong and Shanghai Banking Corporation. HSBC is not just a bank bank but a complete financial services company that offers more than just international banking services. As of 2006, the total revenue of HSBC was $70.1 billion and its net income was $15.8 billion. True to its slogan "The world's local bank", HSBC is present in almost all the major countries of the world. The international banks are known for two reasons all over the world. First, that they are accessible from almost all the countries of the world. This means that you may be anywhere but you are never far form your bank. The second advantage of international banks is that they provide world class service. International Banking Services Privacy Policy Legal Disclaimer Contact |