Global 500: The top 25

Wal-Mart retakes the lead on Fortune's annual list of the world's biggest companies. See which other outfits top our list.

HSBC Holdings
22. HSBC Holdings
Global 500 rank: 22 (Previous rank: 26)
2006 Revenues (millions): $115,361
Headquarters: London
Country: Britain
Get quote: HBC

The bank, which operates in 80 countries, saw earnings growth slow to 4.7% last year, from 34.1% in 2005, largely as a result of the faltering U.S. mortgage market. But a third-straight year of double-digit sales growth in emerging markets helped total revenue grow 24.4%.

See more Global 500 data for HSBC Holdings

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