Banks around the World

World's Largest Banks by market cap 2008

Below is a list of the largest banks in the World based on market capitalization, as of December 31, 2008. The top five banks have combined market value of US$633.3 billion.

Rank Bank Country Market cap ($b, 12/2008)
1 Industrial & Commercial Bank of China China 173.93
2 China Construction Bank China 128.27
3 JP Morgan Chase US 117.68
4 HSBC Holdings UK 115.22
5 Bank of China China 98.2
6 Wells Fargo US 98.03
7 Banco Santander Spain 75.01
8 Bank of America US 70.65
9 Mitsubishi UFJ Financial Japan 70.06
10 BBVA Spain 45.12
11 Intesa Sanpaolo Italy 44.14
12 U. S. Bancorp US 43.57
13 UBS Switzerland 40.89
14 Royal Bank Canada Canada 40.88
15 BNP Paribas France 38.34
16 Citigroup US 36.57
17 Bank of Communications China 34.65
18 Westpac Banking Australia 34.08
19 Sumitomo Mitsui Financial Japan 32.73
20 Unicredit Italy 32.38
21 Mizuho Financial Japan 31.78
22 Banco Itau Brazil 30.78
23 Credit Suisse Switzerland 30.37
24 Toronto Dominion Bank Canada 29.78
25 Commonwealth Bank of Australia Australia 29.64
26 Societe Generale France 29.06
27 Bradesco Brazil 28.03
28 Royal Bank of Scotland UK 28.02
29 National Australia Bank Australia 27.21
30 Bank of Nova Scotia Canada 27.16
31 China Merchants Bank China 26.4
32 Hang Seng Bank Hong Kong 25.09
33 Credit Agricole France 24.76
34 Standard Chartered UK 23.85
35 ANZ Banking Australia 23.01

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