JPMorgan Chase Bank of New York, USA is known as the largest bank in the world with a market capitalization value of $459.95 billion followed by Bank of America, Industrial and Commercial Bank of China Limited and Agricultural Bank of China.
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World’s Largest Bank 2023
JPMorgan Chase & Co., headquartered in New York City and incorporated in Delaware, is having the title of the world’s largest bank by market capitalization in 2023.
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Largest Banks in the World, List of Top-10
Here, you can check out the list of top-10 largest banks in the world:
| S.No. | Banks | Headquarter | Capitalization |
| 1. | JPMorgan Chase | New York, USA | $459.95 B |
| 2. | Bank of America | North Carolina, USA | $244.13 B |
| 3. | Industrial and Commercial Bank of China Limited | Beijing, China | $221.01 B |
| 4. | Agricultural Bank of China | Beijing, China | $172.21 B |
| 5. | Wells Fargo | California, USA | $167.05 B |
| 6. | HDFC Bank | Mumbai, India | $164.68 B |
| 7. | HSBC | London, UK | $150.70 B |
| 8. | Bank of China | Beijing, China | $147.33 B |
| 9. | China Construction Bank | Beijing, China | $146.37 B |
| 10. | Morgan Stanley | New York, USA | $135.93 B |
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FAQs
Which is the largest bank in the world?
JPMorgan Chase Bank of New York, USA holds the title of largest bank in the world with a market capitalization value of $459.95 billion.
What is the rank of HDFC Bank on the list of world’s largest bank?
HDFC Bank of India is in the 6th position on the list of largest banks in the world.
Which is the largest bank in India?
HDFC Bank has the position of the largest bank in India in terms of market capitalization.