List_of_largest_banks

List of largest banks

List of largest banks

List of the largest banks in the world


The following are lists of the largest banks in the world, as measured by total assets and market capitalization.

By total assets

Industrial and Commercial Bank of China, the largest bank in the world by total assets

This list is based on the April 2024 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon assets as reported and was not adjusted for different accounting treatments.[1] Another publication which compiles an annual list of the world's largest banks is The Banker magazine. It publishes a list of the World 1000 Largest Banks every July.[2] The financial data published by the July yearly issue of The Banker are much more extensive compared to the S&P Top 100 banks, but it is not a publication intended for the general public.

Accounting treatment affects the assets reported: for example, the United States uses US GAAP (as opposed to IFRS), which only reports the net derivative position in most cases, leading to US banks having fewer derivative assets than comparable non-US banks.[3] If Goldman Sachs reported under the IFRS, it would be ranked 17th on the list as of 2023, rather than 26th.[1]

More information Rank, Bank name ...

Banks by country or territory

More information Rank, Country ...

By market capitalization

Forbes maintains a list of top ten largest banks in the world, ranked by their market capitalization. The list was updated on May 2, 2024.

Many of the largest banks in the world are part of larger bank holding companies. This structure allows them to offer various financial services, making them more resilient and competitive in the global market.[4]

JPMorgan Chase, the largest bank in the world by market capitalization
More information Rank, Bank name ...

See also


References

  1. Jimenea, Adrian; Wu, John; Terris, Harry (30 April 2024). "The world's largest banks by assets, 2024". spglobal.com. S&P Global Market Intelligence. Retrieved 8 May 2024.
  2. Banker, The. "Top 1000". www.thebanker.com. Retrieved 26 August 2023.

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