Markets
Ranked: The World’s Most Valuable Bank Brands (2019-2023)
The World’s Most Valuable Bank Brands (2019-2023)
Since 2019, Chinese banks have held the top four spots on Brand Finance’s Banking 500—an annual ranking of the most valuable bank brands.
Brand value in this context is a measure of the “value of the trade mark and associated marketing IP within the branded business”. In other words, it measures the value of intangible marketing assets, and not the overall worth of the business itself.
In this infographic, we’ve visualized the Banking 500’s top 10 brands since 2019 to show you how the ranking has evolved (or stayed the same).
Top Bank Brands of 2023
The 10 most valuable bank brands of 2023 are evenly split between China and the United States. In terms of combined brand value, China leads with $262 billion to America’s $165 billion.
Rank | Bank | Brand Value (USD billions) |
---|---|---|
1 | 🇨🇳 ICBC | $69.5 |
2 | 🇨🇳 China Construction Bank | $62.7 |
3 | 🇨🇳 Agricultural Bank of China | $57.7 |
4 | 🇨🇳 Bank of China | $47.3 |
5 | 🇺🇸 Bank of America | $38.6 |
6 | 🇺🇸 Wells Fargo | $33.0 |
7 | 🇺🇸 JP Morgan | $31.8 |
8 | 🇺🇸 Chase | $31.3 |
9 | 🇺🇸 Citi | $30.6 |
10 | 🇨🇳 China Merchants Bank | $24.5 |
Chinese banks have a massive market to serve, which helps to lift the perceived value of their brands. For example, Industrial and Commercial Bank of China (ICBC) serves over 500 million individuals as well as several million business clients.
It’s worth noting that ICBC is the world’s largest bank in terms of assets under management ($5.5 trillion as of Dec 2021), and in terms of annual revenues ($143 billion as of Dec 2022). The bank was founded just 39 years ago in 1984.
After ICBC, the next three spots are occupied by the rest of China’s “big four” banks, all of which are state-owned.
The fifth to ninth spots on this ranking are occupied by an assortment of America’s largest banks. Despite a string of controversies in recent years, Wells Fargo rose from eighth in 2022 to sixth in 2023. This goes to show that large corporations can often recover from a scandal in a relatively short period of time (e.g. Volkswagen’s Dieselgate).
Coming in tenth is China Merchants Bank, which is China’s first “joint-stock commercial bank wholly owned by corporate legal entities”.
Top Asset Management Brands
Brand Finance’s 2023 ranking also includes a separate category for asset managers.
Rank | Asset Manager | Brand Value (USD billions) |
---|---|---|
1 | 🇨🇦 Brookfield | $9.0 |
2 | 🇺🇸 Fidelity | $8.4 |
3 | 🇺🇸 BlackRock | $6.6 |
4 | 🇺🇸 Blackstone | $4.9 |
5 | 🇨🇳 Cinda International Holdings Limited | $3.2 |
6 | 🇺🇸 Vanguard | $2.9 |
7 | 🇺🇸 Union Investment | $2.3 |
8 | 🇺🇸 Franklin Templeton Investments | $2.1 |
9 | 🇺🇸 Ameriprise Financial | $2.0 |
10 | 🇺🇸 Invesco | $1.5 |
Given America’s leadership in financial markets, it’s no surprise to see eight out of the 10 firms listed here as being based in the United States. The number one spot, however, is held by Canada’s Brookfield. The Canadian alternative asset manager is building a strong brand through its investments in renewable energy and other high-value infrastructure.
Technology
Which Companies Make Up the “Magnificent Seven” Stocks?
FAANG is dead… meet the ‘Magnificent Seven’ stocks that now make up over 25% of the S&P 500.

Which Companies Make Up the “Magnificent Seven” Stocks?
In 2013 CNBC analyst Jim Cramer popularized “FANG,” comprised of Facebook (now Meta), Amazon, Netflix, and Google (now Alphabet), as a shorthand for the best performing technology stocks on the market. Apple, added in 2017, made it FAANG.
However, over the last year a new moniker given by Bank of America analyst Michael Hartnett highlights the most valuable and popularly-owned companies on the American stock market: the “Magnificent Seven” stocks.
We visualize the Magnificent Seven’s market capitalization and 5-year stock performance as of November 2023 using data from Google Finance and CompaniesMarketCap.
The Magnificent Seven Stocks by Market Cap and 5-Year Return
The Magnificent Seven stocks are megacap companies focused and capitalizing on tech growth trends including AI, cloud computing, and cutting-edge hardware and software.
Four of the five FAANG stocks retain their place amongst the Magnificent Seven, with newcomers Nvidia, Tesla, and Microsoft joining the group. Following a poor 2022 performance and having more difficulty capitalizing on tech trends, Netflix is the sole FAANG company not included.
Here’s a look at the companies ranked by their market capitalization on November 6, 2023, alongside their 5-year stock performance:
Rank | Company | Market Cap | 5 Year Performance |
---|---|---|---|
1 | Apple | $2.8 trillion | +250% |
2 | Microsoft | $2.6 trillion | +224% |
3 | Alphabet | $1.6 trillion | +141% |
4 | Amazon | $1.4 trillion | +63% |
5 | Nvidia | $1.1 trillion | +783% |
6 | Meta | $811 billion | +118% |
7 | Tesla | $690 billion | +829% |
The Magnificent Seven make up more than one-quarter of the S&P 500 and more than half of the Nasdaq 100.
Meanwhile, five of the seven are part of the rare trillion dollar club, with Nvidia being the most recent entry.
A common theme among the Magnificent Seven is their ability to collect vast amounts of customer data, create cutting-edge hardware and software, as well as harness the power of AI.
However, if Netflix gets back on track—recently announcing its new ad-supported membership tier has 15 million subscribers—we could soon see a “Magnificent Eight.”
-
Energy6 days ago
Ranked: Electric Vehicle Sales by Model in 2023
-
Maps2 weeks ago
Mapped: Which Countries Recognize Israel or Palestine, or Both?
-
Education2 weeks ago
Ranked: America’s Best Universities
-
War2 weeks ago
Ranked: Share of Global Arms Imports in 2022
-
Countries2 weeks ago
Ranked: Share of Global Arms Exports in 2022
-
Globalization1 week ago
Charted: The Industries Where Asian Companies are the Strongest
-
Markets1 week ago
Visualizing U.S. GDP by Industry in 2023
-
Energy1 week ago
Visualizing the Top Energy Priorities of Major Countries