Following are the largest banks in the world ranked by market capitalization. With more than 70 million customers and over 9,000 locations, Wells Fargo is the largest bank in the world based on market capitalization. It is also the second largest bank in the US by deposits and debit cards. The top 10 banks include 4 US banks, 4 Chinese banks, 1 UK bank and 1 Australian bank.
Rank | Bank | Country | Market cap, US$b (December 31, 2014) |
1 | Wells Fargo & Co | US | 284.39B |
2 | Industrial & Commercial Bank of China (ICBC) | China | 269.70B |
3 | JP Morgan Chase & Co | US | 233.94B |
4 | China Construction Bank | China | 213.18B |
5 | Bank of America | US | 188.14B |
6 | Agricultural Bank of China | China | 187.34B |
7 | HSBC Holdings | UK | 181.24B |
8 | Bank of China | China | 177.65B |
9 | Citigroup Inc | US | 163.93B |
10 | Commonwealth Bank of Australia | Australia | 112.37B |
11 | Banco Santander | Spain | 107.07B |
12 | Royal Bank of Canada | Canada | 99.63B |
13 | Toronto-Dominion Bank | Canada | 88.21B |
14 | Goldman Sachs Group | US | 84.42B |
15 | Westpac Banking Corporation | Australia | 83.63B |
16 | Lloyds Banking Group | UK | 82.79B |
17 | US Bancorp | US | 80.43B |
18 | Mitsubishi UFJ Financial Group (MUFG) | Japan | 78.41B |
19 | Morgan Stanley | US | 75.95B |
20 | Bank of Communications | China | 74.66B |
21 | BNP Paribas | France | 73.20B |
22 | Australia and New Zealand Banking (ANZ) | Australia | 71.67B |
23 | Itau Unibanco | Brazil | 71.24B |
24 | Bank of Nova Scotia (Scotiabank) | Canada | 69.46B |
25 | Royal Bank of Scotland Group | UK | 69.31B |
26 | China Merchants Bank | China | 66.33B |
27 | National Australia Bank | Australia | 64.55B |
28 | UBS AG | Switzerland | 64.00B |
29 | Barclays Plc | UK | 61.74B |
30 | BBVA | Spain | 59.54B |
31 | China Minsheng Banking Corp (CMBC) | China | 56.53B |
32 | Banco Bradesco | Brazil | 56.09B |
33 | China Citic Bank | China | 50.13B |
34 | Sumitomo Mitsui Financial | Japan | 49.77B |
35 | Industrial Bank Co | China | 48.46B |
36 | PNC Financial Services | US | 48.01B |
37 | Nordea Bank | Sweden | 46.78B |
38 | Shanghai Pudong Development Bank | China | 46.01B |
39 | Capital One Financial Corp | US | 45.90B |
40 | Intesa Sanpaolo | Italy | 45.74B |
41 | Bank of New York Mellon Corp | US | 45.67B |
42 | Bank of Montreal (BMO) | Canada | 45.56B |
43 | Mizuho Financial Group | Japan | 41.45B |
44 | Deutsche Bank AG | Germany | 41.39B |
45 | HDFC Bank Limited | India | 40.58B |
46 | Credit Suisse Group | Switzerland | 40.15B |
47 | Charles Schwab Corp | US | 39.42B |
48 | DBS Group Holdings | Singapore | 38.52B |
49 | UniCredit SpA | Italy | 38.13B |
50 | Standard Chartered | UK | 37.05B |
51 | State Bank of India | India | 36.40B |
52 | BOC Hong Kong | Hong Kong | 35.42B |
53 | Societe Generale | France | 34.26B |
54 | Canadian Imperial Bank of Commerce | Canada | 34.15B |
55 | ICICI Bank Limited | India | 33.42B |
56 | CaixaBank SA | Spain | 32.91B |
57 | China Everbright Bank Co., Ltd | China | 32.87B |
58 | Credit Agricole SA | France | 32.87B |
59 | State Street Corp | US | 32.77B |
60 | Hang Seng Bank | Hong Kong | 31.66B |
61 | Oversea-Chinese Banking Corp | Singapore | 30.97B |
62 | United Overseas Bank | Singapore | 29.60B |
63 | Svenska Handelsbanken AB | Sweden | 29.20B |
64 | BB&T Corp | US | 28.24B |
65 | Swedbank | Sweden | 28.19B |
66 | Ping An Bank Co Ltd | China | 28.13B |