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TRANSNATIONAL CORPORATIONS
BANKS & FINANCIAL INSTITUTIONS ARE THE MOST POWERFUL CORPORATIONS
There are more than more than 40,000 transnational corporations in the world.
More than fifty of the largest one-hundred economies in the world are corporations.
Transnational corporations hold ninety percent of all technology and product patents worldwide.
Transnational corporations are involved in 70 percent of world trade.
Hundreds of corporations, a large number being banks and financial institutions, own each others stocks and bonds - they collectively own themselves. Hence, it becomes nearly impossible to trace the roots of ownership and control. From their relative obscurity, they wield enormous control over national and global economies.
These corporations emerged even larger and more powerful after the 2008 economic meltdown.
TRANSNATIONAL CORPORATIONS THAT HAVE THE GREATEST INFLUENCE OVER THE GLOBAL ECONOMY
A scientific study on the global financial system was undertaken at the Swiss Federal Institute of Technology in Zurich, Switzerland, October 2011.
Using a database which listed 37 million companies and investors worldwide, the researchers studied all 43,060 transnational corporations (TNCs), including the share ownerships linking them.
The top 737 of these super-corporations or "super-entities" control 80% of the world economy.
The top 147 super-corporations or "super-entities" control 40% of the global economy through direct and indirect ownership or controlling interest.
Below are the top 50 of the 147 super-corporations which have the greatest impact on the global economy - 2011
1 - BARCLAYS PLC - GREAT BRITIAN
2 - CAPITAL GROUP COMPANIES INC. - UNITED STATES
3 - FMR CORP (Fidelity Management) - UNITED STATES
4 - AXA FR 6712 - SWITZERLAND
5 - STATE STREET CORPORATION - UNITED STATES
6 - JPMORGAN CHASE & CO. - UNITED STATES
7 - LEGAL & GENERAL GROUP PLC - GREAT BRITAIN
8 - VANGUARD GROUP, INC. - UNITED STATES
9- UBS AG - SWITZERLAND
10 - MERRILL LYNCH & CO., INC. - UNITED STATES
11 - WELLINGTON MANAGEMENT CO. L.L.P. - UNITED STATES
12 - DEUTSCHE BANK AG - GERMANY
13 - FRANKLIN RESOURCES, INC. - UNITED STATES
14 - CREDIT SUISSE GROUP - SWITZERLAND
15 - WALTON ENTERPRISES LLC - UNITED STATES
16 - BANK OF NEW YORK MELLON CORP. - UNITED STATES
17 - NATIXIS - FRANCE
18 - GOLDMAN SACHS GROUP, INC. - UNITED STATES
19 - T. ROWE PRICE GROUP, INC. - UNITED STATES
20- LEGG MASON, INC. - UNITED STATES
21 - MORGAN STANLEY - UNITED STATES
22 - MITSUBISHI UFJ FINANCIAL GROUP, INC. - JAPAN
23 - NORTHERN TRUST CORPORATION - UNITED STATES
24 - SOCIÉTÉ GÉNÉRALE - FRANCE
25 - BANK OF AMERICA CORPORATION - UNITED STATES
26 -LLOYDS TSB GROUP PLC - GREAT BRITAIN
27 - INVESCO PLC - GREAT BRITAIN
28 - ALLIANZ SE - GERMANY
29 - TIAA US 6601 - INDIA
30 - OLD MUTUAL PUBLIC LIMITED COMPANY - GREAT BRITAIN
31 - AVIVA PLC - GREAT BRITAIN
32 - SCHRODERS PLC - GREAT BRITIAN
33 - DODGE & COX - UNITED STATES
34 - LEHMAN BROTHERS HOLDINGS, INC. - UNITED STATES
35 - SUN LIFE FINANCIAL, INC. - CANADA
36 - STANDARD LIFE PLC - GREAT BRITAIN
37 - CNCE - FRANCE
38 - NOMURA HOLDINGS, INC. - JAPAN
39 - THE DEPOSITORY TRUST COMPANY - UNITED STATES
40 - MASSACHUSETTS MUTUAL LIFE INSUR. - UNITED STATES
41 - ING GROEP N.V. - NETHERLANDS
42 - BRANDES INVESTMENT PARTNERS, L.P. - UNITED STATES
43 - UNICREDITO ITALIANO SPA - ITALY
44 - DEPOSIT INSURANCE CORPORATION OF JP - JAPAN
45 - VERENIGING AEGON - NETHERLANDS
46 - BNP PARIBAS - FRANCE
47 - AFFILIATED MANAGERS GROUP, INC. - UNITED STATES
48 RESONA HOLDINGS, INC. - JAPAN
49 - CAPITAL GROUP INTERNATIONAL, INC. - UNITED STATES
50 - CHINA PETROCHEMICAL GROUP CO. - CHINA