Although JPMorgan Chase is the largest bank in the world by market capitalization, it is not the largest bank in the world by assets under management. It is actually only sixth. There are five Asian banks with more assets than JPMorgan Chase
The four largest banks in the world by assets under management are all from China and all of them have been growing at a very fast rate in the last years.
China currently has the largest unbanked population in the world at 225 million and as we know China is growing as an economic superpower. Therefore, this is the right time to look at Chinese banks.
You can find the analysis of the four largest banks in the world on my research partnership: https://ishfaaqpeerally.teachable.com/courses/662813/lectures/13295942
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