Industrial and Commercial Bank of China Limited is the biggest bank in the world by total assets, at $5.5 trillion. It’s not surprising that ICBC China has received strong scores for financial stability and profitability given its size and dominance. We examined the asset sizes of organizations that provide services to consumers and small companies to identify the biggest banks in the world. The quantity of loans, mortgages, and credit card accounts that a bank has are only a few examples of what constitutes its assets. As of January 30th, 2023, this information is the most latest for the major banks.
JPMorgan Chase & Co. is the largest bank in the United States and the fifth largest bank in the world with assets of over $3.3 trillion. New York City serves as the bank’s main headquarters. The Bank of the Manhattan Company was established in 1799 and is now known as JPMorgan Chase & Co. (NYSE: JPM). Here are the top banks in the world by asset size, with a combined base of assets above $1 trillion.
