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In its October 2019 issue, Global Finance Magazine unveiled its full 26th annual listing of the best banks globally, regionally, and in 149 countries as part of their “World’s Best Banks 2019 Awards.”
This year, the magazine recognized five CGCC member companies, Bank of America, Standard Chartered Bank, Citi, J.P. Morgan, and Industrial and Commercial Bank of China (ICBC), for “their performance over the past year, and other criteria, including their reputation and management excellence as well as leadership in digital transformation.”
CGCC sincerely congratulates these five-member companies on this successful accomplishment. CGCC will continue to provide comprehensive, efficient, and high-quality services to its members to assist each one in reaching their full potential and achieving greater success.
Global Magazine’s Best Global Banks 2019
Global Winners
| Best Bank In The World | Bank of America |
| Best Global Transaction Bank | Citi |
| Best Subcustodian Bank | Standard Chartered |
| Best Bank For Sustainable Finance | Standard Chartered |
| Best Investment Bank | J.P. Morgan |
| Best Cash Management Bank | Citi |
| Best Supply Chain Finance Provider — Bank | Standard Chartered |
| Best Foreign Exchange Provider | Citi |
Regional Winners (North America, South America, Asia-Pacific etc）
| North America | Citi |
North America Winners
| United States | Bank of America |
Asia Pacific Winners
| China | ICBC |
Click here to view all the honorees
About the World’s Best Banks Awards
Global Finance’s World’s Best Banks Awards recognizes the banks that are doing the most to help their clients successfully navigate a world in flux, while getting the most out of their assets. Along with the best bank in the world, the honorees include best global corporate bank; the best global consumer bank; the best banks worldwide for emerging markets, frontier markets, and for derivatives, as well as the best subcustodian bank. It also includes previously announced honorees for best Islamic financial institution, investment bank, cash management bank, trade finance provider, supply chain finance provider, foreign exchange provider, and private bank. Three new awards were introduced this year: best bank for sustainable finance, best global transaction bank and best bank for small and medium-size enterprises.
Learn more about the World’s Best Banks Awards and Global Finance here.
About Global Finance
Global Finance, founded in 1987, has a circulation of 50,000 and readers in 18 countries. Its circulation is audited by BPA. Global Finance’s audience includes chairmen, presidents, CEOs, CFOs, treasurers and other senior financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance’s website — GFMag.com — offers analysis and articles that are the legacy of 32 years of experience in international financial markets, and provides a valuable source of data on 192 countries. Global Finance is headquartered in New York, with offices in London and Milan.
Click here to learn more about Global Finance
About CGCC
Founded in 2005, the China General Chamber of Commerce – USA (“CGCC”) has been recognized as the largest and most influential non-profit organization representing Chinese enterprises in the U.S. Its membership consists of more than 1,500 Chinese and U.S. companies, 54 of which are ranked on the 2019 Fortune Global 500. CGCC’s mission is to create value, generate economic growth, and enhance cooperation between the U.S. and Chinese business communities. CGCC conducts extensive research and provides a broad range of programs, services, and resources to its members and key stakeholders in an effort to foster the mutual understanding, trust, and engagement between China and the U.S. As of 2018, CGCC’s Chinese member companies have cumulatively invested over $120 billion, employ more than 200,000 people, and support over one million jobs throughout the United States.
CGCC is a national organization and includes CGCC-New York (CGCCUSA-HQ), CGCC-Chicago, CGCC-Houston, CGCC-Los Angeles, CGCC-San Francisco, and CGCC-Washington D.C.