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Top 6 conglomerates in the world

Conglomerates refer to multiple corporations, specializing in more than 1 industry. Conglomerates is led by a parent company and subsidiaries. Most of conglomerates' subsidiaries come from takeovers. Now, I will mention 6 largest conglomerates in the world in terms of revenue. Here are the following:

1. ICBC(Industrial & Commercial Bank Of China)
ICBC provide services such as personal banking, private banking, loans, cards, international settlements, corporate annuity management, assets custody,trade finance service, investment banking, mobile phone banking, and telephone banking. Sales were up to 20% and profits rose by 13%

2. China Construction Bank
This bank provide similar services to ICBC, with gold trading and foreign exchange services not in ICBC. It is one of the most successful companies in the world , with the first two of the list Chinese banks that people believe their presence would be known globally.

3. JPMorgan Chase
This company provide global financial services. They are know to be the largest financial services firm and banking institutions operating globally. Services provided are investment banking, financial transaction processing ,and extras. They were able to write off $6 billion .

4. General Electric
General Electric is the biggest conglomerate in the US. GE provides aircraft engines, water processing, household appliance, power generation, industrial products, and business and consumer financing. GE's segments are aviation, energy infrastructure, transportation and healthcare.

5. Exxon Mobile
Exxon Mobile is manufacturer of petrochemicals, plastics, aromatics, and olefins. Exxon Mobil has divisions all around the world. They mainly focused on crude oil and natural gas. They are the leading innovative oil company

6. HSBC Holdings
HSBC provide banking and financial services. It has four global businesses, which is: Global Banking & Market, Commercial Banking, Global Private Banking, and Retail Banking & Wealth Management. With more than 80 million customers, they are very successful.

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