JPMorgan’s No. 1 Bank Rank Faces Value Test From ICBC: Chartby
Although JPMorgan Chase & Co. overtook Wells Fargo & Co. as the world’s most valuable bank this week, Industrial & Commercial Bank of China Ltd. remains within striking distance. ICBC was No. 1 as recently as June 27, and held the top ranking for the majority of the past decade. Mainland peer China Construction Bank Corp. also held the title for a short stint in November 2010, while Wells Fargo reigned much of the time since mid-2013.