Total assets of the largest banks in the UK 2012-2024

HSBC Holdings maintained its position as the largest bank in the United Kingdom throughout the entire period from 2012 to 2024, despite experiencing a modest recovery in recent years. In 2024, HSBC's total assets reached approximately 2.41 trillion British pounds, representing a slight decrease from the previous year. HSBC also ranked among the world's ten largest banks in terms of total assets.

Which is the largest bank in Europe?

Based on the high value of its total assets, HSBC positioned for many years as the largest bank in Europe. In 2023, HSBC was followed by two French banks, BNP Paribas and Crédit Agricole, whose total assets amounted to 2.87 and 2.74 trillion U.S. dollars, respectively. 

HSBC also dominates in market capitalization

Rankings of banks can be constructed using multiple indicators. Market capitalization - the total dollar market value of a bank's outstanding shares - is frequently used to determine a bank's size. This is calculated by multiplying the current market price of one share by the total number of outstanding shares. In 2024, HSBC was the leading bank in Europe based on market capitalization.