Two of Canada's chartered banks, the Royal Bank and CIBC, are in the top 10 banking companiesby assets in the world.

Question

Quizplus · Accepted Answer

While both Royal Bank and CIBC are major banks in Canada, they do not rank in the top 10 banking companies by assets in the world. As of 2021, the top 10 banking companies by assets included institutions such as Industrial and Commercial Bank of China, China Construction Bank, and JPMorgan Chase.

Two of Canada's Chartered Banks, the Royal Bank and CIBC