Bank of America Corporation is the largest bank in the world, according to The Banker Magazine Top 1000 World Banks ranking.
In addition, the bank was named best consumer Internet bank in the U.S. by Global Finance magazine as part of its "World's Best Internet Banks" competition. Global Finance gave Bank of America awards for the best bill pay and presentment, the best information security initiatives, and best online consumer credit in North America.
JPMorgan Chase is the second biggest bank in the world and one of the oldest financial institutions in the United States. The bank is a leader in the fields of investment banking, financial services for consumers, financial transaction processing, small business and commercial banking, asset management and private equity.
Royal Bank of Scotland (RBS) Group is the biggest banking group in Scotland and one of the largest in the world. It is the leading provider of real estate finance in the United Kingdom.
RBS's Structured Investor Products has been named as the 'Best in the UK' and the 'Best in the Nordic Region' in the annual Structured Products Europe Awards.
Please visit the Finance Learners guide for more information on the largest and safest banks in the world. The author, Loke Yuen Wong, holds an MBA from Heriot-Watt University (UK) and a BCom degree from The University of Adelaide (Australia).
