Wells Fargo No.1

The Industrial & Commercial Bank of China has lost its standing as the world's largest bank to Wells Fargo & Co.

The Industrial & Commercial Bank of China has lost its standing as the world's largest bank to Wells Fargo & Co. San Francisco-based Wells Fargo is worth $US236 billion, according to the New York Stock Exchange, while Chinese figures show ICBC valued at $US223 billion.

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