Industrial and Commercial Bank of China Limited Competition

In the event not every young man wants to go west, Industrial and Commercial Bank of China (ICBC) is able to finance trips elsewhere. The firm is one of China's biggest banks -- and one of the largest in the world. ICBC manages more than 16,000 domestic branches and more than 200 overseas branches and offices. The bank's financial services, offered in Chinese renminbi and foreign currencies, include wholesale, retail, and international banking for more than 4 million corporate clients and some 280 million individuals. It oversees about a quarter of the total domestic assets owned by China's commercial banks. The Chinese government controls about 70% of ICBC.