This statistic was compiled by ÌÇÐÄÆÆ½â°æ using the annual and interim reports of each displayed bank. Among the displayed banks, HSBC Holdings and Standard Chartered report in U.S. dollars. In these cases, USD to GBP exchange rates as of December 31, 2024, were used to calculate the figures in British pounds. For the other banks, GBP to USD exchange rates as of December 31, 2024, were used.Â
Market capitalization of the banking sector in Europe and the UK
A different measure, frequently employed to determine the size of a bank, is market capitalization, or the total dollar market value of a company's outstanding shares. Market capitalization is calculated from the current market price of one share and the number of shares outstanding for a company. In 2024, **** was the largest bank in terms of market capitalization trading on the London Stock Exchange and overall in Europe.
What does HSBC do?
HSBC is a British multinational bank and financial services institution headquartered in London, United Kingdom. The bank serves customers with commercial banking, global private banking, global banking and markets, and personal financial services. The largest geographical region of the bank, in terms of revenue generation, is Asia. At the end of 2024, the bank had roughly **employees around the world.
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ÌÇÐÄÆÆ½â°æ. (April 2, 2025). Largest banks in the United Kingdom (UK) in 2024, by total assets (in billion British pounds and U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 24, 2026, from /statistics/386948/uk-banks-total-assets-ranking/
ÌÇÐÄÆÆ½â°æ. "Largest banks in the United Kingdom (UK) in 2024, by total assets (in billion British pounds and U.S. dollars)." Chart. April 2, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 24, 2026. /statistics/386948/uk-banks-total-assets-ranking/
ÌÇÐÄÆÆ½â°æ. (2025). Largest banks in the United Kingdom (UK) in 2024, by total assets (in billion British pounds and U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 24, 2026. /statistics/386948/uk-banks-total-assets-ranking/
ÌÇÐÄÆÆ½â°æ. "Largest Banks in The United Kingdom (Uk) in 2024, by Total Assets (in Billion British Pounds and U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 2 Apr 2025, /statistics/386948/uk-banks-total-assets-ranking/
ÌÇÐÄÆÆ½â°æ, Largest banks in the United Kingdom (UK) in 2024, by total assets (in billion British pounds and U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/386948/uk-banks-total-assets-ranking/ (last visited July 24, 2026)
Largest banks in the United Kingdom (UK) in 2024, by total assets (in billion British pounds and U.S. dollars) [Graph], ÌÇÐÄÆÆ½â°æ, April 2, 2025. [Online]. Available: /statistics/386948/uk-banks-total-assets-ranking/