Saturday, September 25, 2010

JPMorgan Chase: Forbes Global 2000 Biggest Company for 2010

Banks and oil companies dominate this year's Forbes Global 2000 list of the world's biggest companies, according to Forbes.com.  With $2,031.99 billion in assets, JPMorgan Chase leads the pack earning $115.63 billions in sales and $11.03 billions in profit, followed by conglomerate giant, General Electric Company.  Other slots in the top 10 are held by oil and gas companies, with ExxonMobil (4th), Royal Dutch Shell (8th), and BP (10th), which had been badly slicked by the oil mess it created in the Gulf of Mexico.

Joining in the top 10 are other players in the banking industry: Bank of America (3rd), China's ICBC (5th), Spain's Banco Santander (6th), Wells Fargo (7th), and UK's HSBC Holdings (8th).

Vulcan Materials Company, a producer of construction aggregates, cement and asphalt based in Birmingham, Alabama, is Forbes Global's no. 2000.

Source: http://www.forbes.com/lists/2010/18/global-2000-10_The-Global-2000_Rank.html
Retrieved on September 26, 2010

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