The following are the largest European banks sorted by total assets. Three of the Top 6 largest banks are UK financial institutions. The top 10 European banks have approximately US$21.7 trillion in combined assets. Deutsche Bank, headquartered in Frankfurt, is the largest bank in Europe with assets of over US$2.8 trillion (EUR 2.103 trillion). HSBC is the second-largest banking and financial services group in Europe.
| Rank | Bank | Country | Total Assets (US$b) | Date |
| 1 | Deutsche Bank | Germany | 2,805.50 | 31/03/2012 |
| 2 | HSBC Holdings | UK | 2,637.22 | 31/03/2012 |
| 3 | BNP Paribas | France | 2,545.34 | 31/12/2011 |
| 4 | Credit Agricole Group | France | 2,514.81 | 31/03/2012 |
| 5 | Barclays PLC | UK | 2,430.74 | 31/12/2011 |
| 6 | Royal Bank of Scotland Group | UK | 2,246.52 | 31/03/2012 |
| 7 | Banco Santander | Spain | 1,712.05 | 31/03/2012 |
| 8 | ING Group | Netherlands | 1,656.88 | 31/03/2012 |
| 9 | Societe Generale | France | 1,592.72 | 31/03/2012 |
| 10 | Lloyds Banking Group | UK | 1,548.00 | 31/03/2012 |
| 11 | Groupe BPCE | France | 1,540.24 | 31/03/2012 |
| 12 | UBS | Switzerland | 1,514.15 | 31/03/2012 |
| 13 | UniCredit S.p.A. | Italy | 1,244.75 | 31/03/2012 |
| 14 | Credit Suisse Group | Switzerland | 1,108.61 | 31/03/2012 |
| 15 | Rabobank Group | Netherlands | 947.618 | 31/12/2011 |
| 16 | Nordea Bank | Sweden | 925.827 | 31/03/2012 |
| 17 | Commerzbank | Germany | 921.825 | 31/03/2012 |
| 18 | Intesa Sanpaolo | Italy | 870.638 | 31/03/2012 |
| 19 | BBVA | Spain | 801.094 | 31/03/2012 |
| 20 | Standard Chartered | UK | 799.186 | 31/12/2011 |
| 21 | KfW Bankengruppe | Germany | 658.218 | 31/03/2012 |
| 22 | Danske Bank Group | Denmark | 627.624 | 31/03/2012 |
| 23 | ABN AMRO | Netherlands | 541.782 | 31/03/2012 |
| 24 | Dexia | Belgium | 532.284 | 31/03/2012 |
| 25 | DZ Bank Group | Germany | 531.296 | 31/12/2011 |