According to American Banker, of the world's top 50 banks in 1998, only five of them were US banks--Chase Manhattan, Citicorp, NationsBank, JP Morgan, and Bank of America.   Of the 17 banks larger than our largest bank, Chase Manhattan, 8 were Japanese, 2 were German, 2 were Swiss, 2 were in the UK, 2 were French, and 1 was in the Netherlands.   The top Japanese bank was almost twice the size of our largest bank, Chase Manhattan.

Excluded from that list, but included on The Asiaweek Financial 500 for the year 2000 http://www.asiaweek.com/asiaweek/features/asiaweek1000.2000/table1-50.html were Industrial & Commercial Bank of China and Bank of China.

During the alleged "Asian economic crisis" between 1998 and 2000, the assets of Japan's largest bank, Bank of Tokyo, decreased by 1.7%, but Sumitomo Bank's assets increased 5.6%, Dai-Ichi Kangyo Bank's increased 17.6%, Sanwa Bank's increased 4%, Fuji Bank's increased 32.9%, Sakura Bank's increased 15%, Tokai Bank's increased 10%, Asahi Bank's increased 20.5%, Industrial Bank of Japan's by 3.8%.  The amount by which the assets of just 4 Japanese banks (Dai-Ichi, Fuji, Tokai, and Asahi) increased in only two years is greater than the total assets of Bank of America.

The assets of the Japanese bank in the top 50 were $4.1 trillion, but those of the US, with a population more than double that of Japan, was almost half, at $2.2 trillion.

http://www.asiaweek.com/asiaweek/features/financial500.2000/banks51-100.html

The total assets of the combined banks Chase Manhattan and JP Morgan, now called JP Morgan Chase & Co., are $713.6 billion

http://www.hoovers.com/quarterlies/0,2167,10322,00.html

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