See, these days, you’ll hardly find any country around the world that lacks the banking system entirely, and that’s just because banks are kinda what keeps the money flowing, facilitating financial transactions, providing loans/credit, and whatnot. So, it is a pretty much established fact that banks are a must, and there are so many of them in every country, especially the developing and developed ones. But have you ever stopped and thought about which are the biggest banks in the world right now? Oh, that’s an interesting thing to talk about, and that is precisely why we’re here with this list of the Top 10 Biggest Banks in the World 2025, so let’s get to it right away.
1. JPMorgan Chase – USA
Market capitalization-wise, JPMorgan Chase is the largest bank in 2025 at $738.3 billion. It is the preeminent U.S.-based bank headquartered in New York. In a nutshell, the bank handles the full spectrum of financial services, from retail banking to investment banking. Its total assets add up to $4.21 trillion, placing it among the biggest banks worldwide. Technologically, it stands at the forefront, being one of the earliest adopters of the U.S. FedNow System for instant payments. And if you compare it to other banks on this list, well, the market cap number alone is more than double in comparison to the 2nd bank on this list, and that should tell you something.
2. Bank of America – USA
Second with a valuation of $336.6 billion and based in North Carolina, Bank of America accounts for more than a huge 66 million clientele numbers! Personal banking, investing, or large-scale trading all are under one roof with this huge giant, so no doubt, this has made it this big as of 2025. The rapid development has seen total assets of roughly $3.32 trillion and intensively focusing on digital banking. They offer banking for individuals and banks for businesses.
3. Industrial and Commercial Bank of China (ICBC) – China
Now, in the total assets category, there is no competition for ICBC to the tune of $6.89 trillion. At a market value of $328.6 billion, it is ranked third. Beijing-based ICBC is China’s largest bank and a central force in the economy of the country. They perform all sorts of banking services and have been extending themselves into Asia and Europe. If you want to name a giant with global reach, you can count this one in.
4. Agricultural Bank of China – China
Ranked fourth in the list behind Industrial and Commercial Bank of China Ltd., $267 billion in market cap, it began its life assisting farmers and rural territories but is now a commercial bank of the highest order. It operates heavily in China and is gaining an international presence as well. With assets of $6.21 trillion, it is one of the biggest by size, no two ways about that. And it is kinda surprising to look at how a bank that began its operation to help out rural people of the country, is now one of the biggest banks in the entire world.
5. Wells Fargo – USA
Occupying the fifth spot with a market cap of $245.8 billion is Wells Fargo. Based in California, it is one of the oldest banks in the United States. Managing an asset base of $1.92 trillion and catering to about 70 million customers across 35 countries, their experience had a few dents in performance with past scandals that they were diligent about trying to restore and enhance. The bank is also involved in the FedNow payments system in the United States.
6. China Construction Bank – China
Sixth on the list with a market capitalization of $225.6 billion, China Construction Bank is a major state-owned bank in China and a financier of large infrastructure projects. It is another supergiant with an asset base of $5.84 trillion, being the second-largest bank in the world by assets. They are also quite keen on using smart tech like AI and blockchain for easier banking.
7. Bank of China – China
Ranked number 7, Bank of China has been valued at $214.5 billion. It is one of the oldest banks established in China and has a very good, strong presence internationally. It holds assets of $4.86 trillion, a major player in global trade as well as exchanges of currencies. Bank of China has its branches and offices spread through many big cities like New York, London, and Hong Kong. More interestingly, it also supports the implementation of the Belt and Road Initiative of China. That’s huge!
8. HSBC Holdings – UK
HSBC, which is headquartered in London, stands in eighth position, with a market capitalization of $211.2 billion. HSBC holds assets worth $3.10 trillion and conducts operations in over 62 countries. Founded in Hong Kong and Shanghai, HSBC presently ranks among the world’s largest banks. The emphasis currently is on Asia and, to some extent, China and Hong Kong in particular, while releasing some Western jurisdictions.
9. Morgan Stanley – USA
Without a doubt, Morgan Stanley enters this list at number nine with $207.1 billion in market value. Headquartered in New York City, the bank holds major prestige in investment banking, wealth management, and trading. They oversee an estimated $1.26 trillion worth of assets. In 2025, the big plan is to join with Japan’s Mitsubishi UFJ Financial Group to develop business in foreign exchange and equity research, among other things, giving a clear edge moving forward in competition.
10. Commonwealth Bank of Australia – Australia
Closing the list, Commonwealth Bank or CBA is the biggest bank in Australia and the tenth in the world with a market capitalization of about $188.4 billion. They are strong in Australia and New Zealand. Providing all varieties of bank services, the CBA has heavily invested in digital banking and recently acquired HSBC’s Canadian banking operations. It’s a very big player globally, with assets exceeding $1 trillion.
Conclusion
There you have it. By far, if you look at the market cap numbers, these are the biggest banks out there. And sure enough, these are the very banks that literally manage trillions of dollars worth of assets on a global level, so yes, they’re super important too.
