Top 7 largest banks in the world in 2024

By Editorji News Desk
Published on | Jan 03, 2024

Largest banks in the world

Discover the global banking giants of 2024! From New York to Beijing, Let's take a look at the top-ranking banks and their market cap dominance

JPMorgan Chase

Top US bank, $3.744 trillion assets, excels in investment banking, adopts FedNow

Bank of America

With $3.194 trillion assets, BOA offers investment banking, wealth management and has over 66 million clients

The Industrial and Commercial Bank of China

With a staggering $6.118 trillion in total assets, holds the top spot globally, playing a pivotal role in China's banking landscape

Agricultural Bank of China

At $5.357 trillion in assets, it stands as the world's third-largest bank. Its pivotal role in supporting China's agricultural sector is paramount

Wells Fargo

With a $1.886 trillion assets, Wells Fargo operates in 35 countries, adopts FedNow with JPMorgan along with 33 other banks and credit unions

HDFC Bank

Post its merger with HDFC Ltd. in July 2023, HDFC Bank boasts total assets of $278.44 bn, ranking as the 7th largest worldwide & India's largest bank