The list below shows the largest banks in the world based on market capitalization as of January 20, 2012. Chinese banks occupy the top positions. The People’s Republic now has 4 of the top 7 banks, including the top 2.
| Rank | Bank | Country | Market cap ($b, 20/01/2012) | 
| 1 | Industrial & Commercial Bank of China (ICBC) | China | 240.95 | 
| 2 | China Construction Bank | China | 195.85 | 
| 3 | Wells Fargo & Co | US | 160.72 | 
| 4 | HSBC Holdings | UK | 150.90 | 
| 5 | Agricultural Bank of China | China | 141.73 | 
| 6 | JP Morgan Chase | US | 140.95 | 
| 7 | Bank of China | China | 128.80 | 
| 8 | Itau Unibanco | Brazil | 88.17 | 
| 9 | Citigroup | US | 86.67 | 
| 10 | Commonwealth | Australia | 82.62 | 
| 11 | Royal Bank Canada | Canada | 76.56 | 
| 12 | Bank of America | US | 71.77 | 
| 13 | Toronto-Dominion Bank | Canada | 70.53 | 
| 14 | Banco Santander | Spain | 67.32 | 
| 15 | Westpac | Australia | 65.77 | 
| 16 | Mitsubishi UFJ Financial | Japan | 64.25 | 
| 17 | Banco Bradesco | Brazil | 63.91 | 
| 18 | Sberbank of Russia | Russia | 59.36 | 
| 19 | ANZ Banking | Australia | 58.48 | 
| 20 | Bank of Nova Scotia | Canada | 58.16 | 
| 21 | Standard Chartered | UK | 57.68 | 
| 22 | National Australia Bank | Australia | 56.04 | 
| 23 | US Bancorp | US | 54.85 | 
| 24 | BNP Paribas | France | 54.21 | 
| 25 | Goldman Sachs Group | US | 53.53 | 
| 26 | UBS | Switzerland | 52.00 | 
| 27 | Bank of Communications | China | 48.11 | 
| 28 | China Merchants Bank | China | 45.15 | 
| 29 | Sumitomo Mitsui Financial | Japan | 43.62 | 
| 30 | BBVA | Spain | 42.98 | 
| 31 | Banco do Brasil | Brazil | 42.19 | 
| 32 | Barclays | UK | 42.07 | 
| 33 | Deutsche Bank | Germany | 39.17 | 
| 34 | Bank of Montreal | Canada | 37.93 | 
| 35 | Mizuho Financial Group | Japan | 35.82 | 
| 36 | Morgan Stanley | US | 35.49 | 
| 37 | Banco Santander (Brasil) | Brazil | 34.97 | 
| 38 | Lloyds Banking Group | UK | 34.76 | 
| 39 | Nordea Bank | Sweden | 33.57 | 
| 40 | China Citic Bank | China | 31.40 | 
| 41 | PNC Financial Services | US | 31.37 | 
| 42 | Credit Suisse Group | Switzerland | 31.29 | 
| 43 | Canadian Imperial Bank of Commerce (CIBC) | Canada | 30.76 | 
| 44 | Intesa Sanpaolo | Italy | 29.00 | 
| 45 | BOC Hong Kong | Hong Kong | 28.13 | 
| 46 | Shanghai Pudong Development Bank | China | 27.76 | 
| 47 | Bank of New York Mellon | US | 25.80 | 
| 48 | Royal Bank of Scotland | UK | 25.17 | 
| 49 | Hang Seng Bank | Hong Kong | 24.49 | 
| 50 | State Bank of India | India | 24.48 |