Jamesty
The banking industry is vital to the world economy because it supports economic growth, encourages investment, and lays the groundwork for financial systems. As 2025 approaches, a few banking behemoths maintain their dominance in the financial sector thanks to their enormous assets, sizable clientele, and worldwide clout. The ten biggest banks in the world by total assets are listed below:
List Of Top 10 Largest Banks In The World 2025
1. Bank of America
Bank of America is one of the largest and most prominent financial institutions in the world. Headquartered in Charlotte, North Carolina, it is a global leader in banking services, delivering a comprehensive range of financial products and services to individuals, small businesses, and major enterprises.
2. JPMorgan Chase
It is widely acknowledged that JPMorgan Chase & Co. is among the most powerful and influential financial organizations in the world. It is also well-known for the comprehensive range of services it provides and the substantial role it plays in the economy overall. With its headquarters in New York City, JPMorgan Chase is not only the largest bank in the United States but also one of the most successful financial institutions in the entire world.
3. Wells Fargo
It is well-known for its wide services in the areas of retail banking, mortgage lending, commercial banking, and wealth management. Wells Fargo & Company is one of the largest and most well-established financial organizations in the United States. In addition to having a long history of offering financial solutions to both consumers and businesses, Wells Fargo is a key player in the financial markets of both the United States and the rest of the world.
4. Agricultural Bank of China
Agricultural Bank of China (ABC) is one of the largest banks in the world, and it has a significant presence not only in China but also in other countries throughout the world. ABC, which is well-known for its historical roots in providing help to the agricultural sector, has developed into a major financial powerhouse that offers a wide variety of banking services to individuals, businesses, and governments.
5. China Construction Bank
China Construction Bank (CCB) is one of the largest and most powerful banks in the world. It has a significant influence in China and is expanding its position in other countries across the world. CCB was initially primarily concerned with providing assistance to China’s building and infrastructure projects; however, it has since broadened its scope of services to encompass a variety of industries, thereby becoming a significant worldwide financial institution.
6. Bank of China
It is one of the largest and oldest banks in China, and it has a substantial presence both within China and globally. The Bank of China (BOC) is a financial institution. BOC was established in 1912, and since then, it has grown into a prominent global financial organization that offers a wide variety of banking services to customers, including individuals, enterprises, and government agencies.
7. HSBC Holdings
It is widely acknowledged that HSBC Holdings plc is among the most prominent and largest banking and financial services firms in the entire world. The headquarters of HSBC are located in London, United Kingdom. The company has a major presence across the globe and offers a diverse range of services to individuals, businesses, and governments respectively. As a major player in the global banking industry, HSBC is well-known for its extensive global reach and wide range of financial services.
8. ICBC
As far as total assets are concerned, the Industrial and Commercial Bank of China (ICBC) is the largest bank in the world. It is also a significant player in the Chinese financial sector as well as the global financial sector. The Industrial and Commercial Bank of China (ICBC) was established in 1984 and has since developed into a significant component of China’s financial system as well as a powerful force on the international scene. It provides a diverse array of banking services to people, corporations, and government clients.
9. Industrial and Commercial Bank of China
China’s Industrial and Commercial Bank of China (ICBC) is the largest bank in the world in terms of total assets, and it is also a significant player in the Chinese financial sector as well as the worldwide financial sector. ICBC was initially a state-owned bank when it was established in 1984, but it has since transitioned into one of the most prominent and influential financial institutions in the world. The large scale of the company, the variety of services it offers, and the extensive international network it maintains make it a leader in the banking business.
10. Morgan Stanley
Investment banking, wealth management, and institutional securities are the areas of expertise that Morgan Stanley, which is one of the most prominent financial services firms in the world, specializes in producing. In addition to having its headquarters in New York City, it has established a significant footprint across the globe by offering financial solutions to individuals, organizations, governments, and institutions.
