Global Too Big To Fail

Industrial and Commercial Bank of China

Market Cap: HK$2.8t

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

Agricultural Bank of China

Market Cap: HK$2.5t

Provides banking products and services.

China Construction Bank

Market Cap: HK$2.2t

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$400.3b

Operates as a diversified financial service company worldwide.

Bank of China

Market Cap: HK$2.0t

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

Kweichow Moutai

Market Cap: CN¥1.5t

Produces and sells liquor products in China and internationally.

China Mobile

Market Cap: HK$1.7t

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

Toronto-Dominion Bank

Market Cap: CA$280.9b

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

Allianz

Market Cap: €153.7b

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

China Merchants Bank

Market Cap: CN¥930.4b

Provides various banking products and services.

Progressive

Market Cap: US$131.1b

Operates as an insurance company in the United States.

Ping An Insurance (Group) Company of China

Market Cap: CN¥853.4b

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

Bank of Montreal

Market Cap: CA$174.2b

Provides diversified financial services primarily in North America.

Intesa Sanpaolo

Market Cap: €103.9b

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

Bank of Nova Scotia

Market Cap: CA$150.1b

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

Canadian Imperial Bank of Commerce

Market Cap: CA$147.5b

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.

PNC Financial Services Group

Market Cap: US$98.4b

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

U.S. Bancorp

Market Cap: US$94.9b

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

Automatic Data Processing

Market Cap: US$89.4b

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

Midea Group

Market Cap: CN¥579.5b

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

Tata Consultancy Services

Market Cap: ₹7.6t

Provides information technology (IT) and IT enabled services.

ITOCHU

Market Cap: JP¥12.9t

Trades and imports/exports various products worldwide.It operates through eight segments: Textile, Machinery, Metals & Minerals, Energy & Chemicals, Food, General Products & Realty, ICT & Financial Business, and The 8th.

Accenture

Market Cap: US$78.9b

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

Manulife Financial

Market Cap: CA$95.4b

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

Truist Financial

Market Cap: US$62.9b

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

CITIC Securities

Market Cap: CN¥409.8b

Provides various financial products and services in China and internationally.

National Bank of Canada

Market Cap: CA$85.5b

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

China CITIC Bank

Market Cap: CN¥378.2b

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

Imperial Oil

Market Cap: CA$77.8b

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

Industrial Bank

Market Cap: CN¥357.2b

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

Fifth Third Bancorp

Market Cap: US$51.0b

Operates as the bank holding company for Fifth Third Bank, National Association that provides a range of financial products and services in the United States.

Swiss Re

Market Cap: CHF 37.6b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

Hangzhou Hikvision Digital Technology

Market Cap: CN¥302.3b

Hangzhou Hikvision Digital Technology Co., Ltd.

Infosys

Market Cap: ₹4.2t

Provides consulting, technology, outsourcing, and digital services worldwide.

Shanghai Pudong Development Bank

Market Cap: CN¥290.8b

Provides commercial banking products and services in China and internationally.

Bank Central Asia

Market Cap: Rp728.0t

Provides commercial banking and other financial services.