Top 50 Banks In The World

The world s 50 biggest banks have a combined market capitalization of more than us 4 28 trillion.

Top 50 banks in the world. We ve ranked them according to bank s total assets not the market. The world s largest banks and banking groups by market cap july 1 2019. The results of this year s top 1000 world bank ranking must be regarded as the calm before the storm. These bank rankings are compiled from balance sheet information included on bankers almanac available on 3 rd august 2020.

The information available on this date is used to compile the full world and country rankings. The good news of 2020 the 50th anniversary of the ranking is that the global banking industry is broadly in good shape. The list is based on the april 2020 s p global market intelligence report of the 100 largest banks in the world. Icbc industrial and commercial bank of china a state owned financial institution is the world s biggest bank by total assets and deposits.

Banking giant jpmorgan chase co. Top 100 banks in the world below is a list of the largest banks in the world ranked by total assets. For the sixth year in a row industrial commercial bank of china icbc is the largest bank in the world with assets of 26 087 trillion yuan us 4 trillion. Out of the top 15 largest banks by total assets four are chinese and total of six are headquartered in asia.

Accounting treatment affects the assets reported. Only two banks are u s based. D igital and mobile technologies are revolutionizing the global banking market and it s a matter of adapt or die for the world s biggest lenders and the up. Is currently the largest bank in the world in terms of market capitalization.

List of the top 100 investment banks in the world sorted alphabetically. For example the united states uses us gaap as opposed to ifrs which only reports the net derivative. Below is detailed list of the largest banks in the world with their total assets and market capitalization in us dollars. Five of the top 10 largest banks are chinese financial organizations.

Top investment banks on the list are goldman sachs morgan stanley baml jp morgan blackstone rothschild scotiabank rbc ubs wells fargo deutsche bank citi macquarie hsbc icbc credit suisse bank of america merril lynch. Forbes ranks the world s best banks. The four largest banks are headquartered in china. The ranking was based upon assets as reported and was not adjusted for different accounting treatments.