Global Too Big To Fail

JPMorgan Chase

Market Cap: US$802.0b

Operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean.

Bank of America

Market Cap: US$366.2b

Through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.

Industrial and Commercial Bank of China

Market Cap: HK$2.9t

Provides banking products and services in the People's Republic of China and internationally.

Agricultural Bank of China

Market Cap: HK$2.6t

Provides banking products and services.

China Construction Bank

Market Cap: HK$2.3t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Royal Bank of Canada

Market Cap: CA$367.5b

Operates as a diversified financial service company worldwide.

Bank of China

Market Cap: HK$2.1t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.

Kweichow Moutai

Market Cap: CN¥1.6t

Produces and sells liquor products in China and internationally.

China Mobile

Market Cap: HK$1.9t

Provides communication, computing, and AI services in Mainland China and Hong Kong.

Toronto-Dominion Bank

Market Cap: CA$260.6b

Provides various financial products and services in Canada, the United States, and internationally.

Allianz

Market Cap: €141.8b

Provides property-casualty insurance, life/health insurance, and asset management products and services worldwide.

China Merchants Bank

Market Cap: CN¥976.0b

Provides various banking products and services.

Ping An Insurance (Group) Company of China

Market Cap: CN¥961.3b

Ping An Insurance (Group) Company of China, Ltd.

L'Air Liquide

Market Cap: €102.8b

Provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa.

Intesa Sanpaolo

Market Cap: €99.4b

Engages in the provision of various financial products and services in Italy, Central/Eastern Europe, the Middle East, and North Africa.

Accenture

Market Cap: US$114.8b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Bank of Montreal

Market Cap: CA$156.8b

Engages in the provision of diversified financial services primarily in North America.

Progressive

Market Cap: US$111.3b

Operates as an insurance company in the United States.

Sanofi

Market Cap: €90.4b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Canadian Imperial Bank of Commerce

Market Cap: CA$137.7b

A diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally.

Bank of Nova Scotia

Market Cap: CA$135.6b

Provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally.

Medtronic

Market Cap: US$94.8b

Develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.

Midea Group

Market Cap: CN¥612.8b

Engages in the manufacture and sale of electrical appliance in China and internationally.

PNC Financial Services Group

Market Cap: US$88.8b

Operates as a diversified financial services company in the United States.

Automatic Data Processing

Market Cap: US$88.7b

Provides cloud-based human capital management (HCM) solutions worldwide.

Tata Consultancy Services

Market Cap: ₹8.3t

Provides information technology (IT) and IT enabled services.

U.S. Bancorp

Market Cap: US$85.1b

A financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States.

ITOCHU

Market Cap: JP¥13.1t

Trades and imports/exports various products worldwide.

Manulife Financial

Market Cap: CA$88.0b

Provides financial products and services in the United States, Canada, Asia, and internationally.

Truist Financial

Market Cap: US$60.1b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

China CITIC Bank

Market Cap: CN¥396.8b

Provides various banking products and services in the People’s Republic of China and internationally.

Industrial Bank

Market Cap: CN¥390.2b

Provides banking products and services in the People’s Republic of China.

Imperial Oil

Market Cap: CA$79.1b

Engages in exploration, production, and sale of crude oil and natural gas in Canada.

National Bank of Canada

Market Cap: CA$77.5b

Provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally.

CITIC Securities

Market Cap: CN¥371.8b

Provides various financial products and services in China and internationally.

Allstate

Market Cap: US$53.1b

Provides property and casualty, and other insurance products in the United States and Canada.