The following list shows the biggest banks in the World in terms of market capitalization, as of December 31, 2003. The top five banks have combined market caps of over US$725.3 billion.

Rank Bank Country Market cap ($b, 12/2003)
1 Citigroup US 249.53
2 HSBC Holdings UK 171.08
3 Bank of America US 119.31
4 Wells Fargo US 99.46
5 Royal Bank of Scotland UK 86.01
6 UBS Switzerland 79.73
7 JP Morgan Chase US 74.39
8 Wachovia US 61.35
9 Barclays UK 57.12
10 US Bancorp US 57.09
11 BNP Paribas France 55.62
12 Banco Santander Central Hispano Spain 55.42
13 Bank One US 51.09
14 HBOS UK 49.25
15 Mitsubishi Tokyo Financial Japan 49.24
16 Deutsche Bank Germany 46.99
17 Fleetboston Financial US 46.02
18 Lloyds TSB UK 43.65
19 BBVA Spain 43.53
20 Credit Suisse Switzerland 42.85
21 Societe Generale France 37.94
22 ABN Amro Netherlands 37.12
23 Washington Mutual US 36.05
24 Credit Agricole France 34.43
25 Mizuho Financial Group Japan 34.18
26 UniCredit Italy 33.69
27 Fifth Third Bancorp US 33.37
28 National Australia Bank Australia 33.28
29 Royal Bank Canada Canada 30.86
30 Sumitomo Mitsui Financial Japan 29.71
31 Commonwealth Bank of Australia Australia 27.52
32 Fortis Belgium 25.57
33 Bank of Nova Scotia Canada 25.43
34 Hang Seng Bank Hong Kong 24.56
35 Bank of New York US 24.1
36 ANZ Banking Group Australia 23.44
37 UFJ Holdings Japan 23.36
38 Banca Intesa Italy 23.11
39 Toronto-Dominion Bank Canada 21.72
40 Nordea Sweden 21.47
41 Westpac Banking Australia 21.26
42 BB&T US 20.99
43 National City US 20.57
44 Bank of Montreal Canada 20.19
45 Suntrust Banks US 20.08
46 BOC Hong Kong Hong Kong 19.95
47 Dexia Belgium 19.46
48 Standard Chartered UK 19.2
49 San Paolo IMI Italy 18.65
50 Canadian Imperial Bank Commerce (CIBC) Canada 17.8

See also:  Best Banks in the World,   Best Banks in America,   Best Banks in Canada