The world's largest banks: Bank atlas, with data from Moody's An atlas of banks country-by-country (approx. Top 30 banks by assets in Africa and Middle East, 2020 The list is limited to the top 50 companies, all of which have annual revenues exceeding US$123 billion. Six US banks feature in the largest 50. CHINA 5. ICBC (Industrial and Commercial Bank of China), a state-owned financial institution, is the world’s biggest bank by total assets and deposits. By Max de Haldevang. The 20 European banks in the top 50 come from eight different countries, with the UK contributing five and France four. 31-Dec-2018. British bank HSBC is still the top largest bank in Europe, with a balance sheet total of $2,470 billion. German banks performed strongly at the top of the list this year, taking three of the top five spots, and four out of the top eight. Latin America's 50 largest banks by assets, 2020. Investment Banks, Commercial Banks, International Banks and Private Banks. Ally: Best Bank Overall. Top 50 US banks in Q4'19. Forbes’ 11th annual look at America’s Best Banks ranks the 100 largest publicly-traded banks and thrifts based on their growth, credit quality and profitability. These are lists of the banks in the world, as measured by total assets. The top three banks in Europe, based on figures for 2017, have remained unchanged. Other bank rankings for Asia-Pacific, Latin America, and Middle East & Africa, will be available soon. 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 47. The Netherlands also performed well, with three banks in the top ten. Larger banks trade places with one another, and smaller banks drop out, replaced by faster-growing rivals. A1. Africa’s banks have less than 1% of total world bank capital compared to 47% for Asia, 25% for Europe and 19% for North America. This statistic shows the worlds largest banks by market capitalization in 2019. Bank of China Limited, Beijing This article is a part of the worldwide bank ranking series. Established in 1984, the Industrial and Commercial Bank of China has quickly grown to become the largest bank in the world … With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue. The U.S. banking giant JPMorgan Chase & Co. was the largest bank in the World in terms of market capitalization. Best big bank: Capital One Named America’s best big bank for the third year in a row, Capital One offers top-rated checking and savings accounts, as well as credit cards and auto loans. This has made some changes compared to the last year TOP 50 LIST of the biggest banks in the world. ICBC has $4,322 billion total assets according to the latest … On an absolute dollar basis, the United States and China have been battling for some time for the top spot in the global economy, as China inches ever closer.However, since China has such a large population, its gross domestic product per capita dwindles in comparison to the United States and other countries. Asia-Pacific's 50 largest banks by assets, 2020. The world’s top 10 banks have combined assets of over $33 trillion. A. Industrial and Commercial Bank of China. Below is detailed list of the largest banks in the world with their total assets and market capitalization in US dollars. China Construction Bank: China: 3,550.24: 06/30/2019: 3: Agricultural Bank of China: China: 3,490.82: 06/30/2019: 4: Bank of China: China: 3,241.97: 06/30/2019: 5: Mitsubishi UFJ Financial Group: Japan: 2,897.33: 06/30/2019: 6: HSBC Holdings: UK: 2,751.30: 06/30/2019: 7: JPMorgan Chase & Co: US: 2,727.38: 06/30/2019: 8: BNP Paribas: France: 2,696.89: 06/30/2019: 9: Bank of America: US: 2,395.89: … 6. Credit Suisse (Estimated assets under management: $787.3 billion) HSBC Holdings . The good news of 2020 – the 50th anniversary of the ranking – is that the global banking industry is broadly in good shape. Top 50 US banks in Q4'19. Industrial & Commercial Bank of China Ltd 1. Chinese banks came out on top as the world's biggest, according to calculations by The Banker. Best and worst banks revealed. [2] If JPMorgan Chase reported under the IFRS, it would be ranked 5th in the list as of 2020[update], rather than 7th. United States. FRANCE 6. Further details may exist on the, List of largest banks in the United States, "World's 100 Biggest Banks: China's ICBC #1", https://en.wikipedia.org/w/index.php?title=List_of_largest_banks&oldid=990426671, Articles to be expanded from September 2020, Articles containing potentially dated statements from 2020, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License, This page was last edited on 24 November 2020, at 12:08. Company formations is a lot easier, credit is the hard part The results of this year’s Top 1000 World Bank ranking must be regarded as the calm before the storm. The survey was sent to professionals at more than 85 of the top investment banking firms in the industry. There are a 5276 local and national banks offering banking services in United Stated with nearly 83000 branches in 10184 cities. List of the top 100 investment banks in the world sorted alphabetically. 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