Jul 18, 2023
By: Sourabh Jain
Credit: BCCL
HDFC Bank has become the seventh largest bank in the world by market value after its merger. In this post, we take a look at the top 10 banks with the highest market value in the world, as per Bloomberg data.
Credit: BCCL
America’s JP Morgan Chase tops the list with a market value of $437.67 billion.
Credit: Sourabh Jain
Bank of America is a distant second with a market value of $231.98 billion.
Credit: Wikipedia
Industrial and Commercial Bank of China is a close third with a market cap of $223.69 billion.
Credit: Wikipedia
The Agricultural Bank of China is fourth on the list with a market cap of $172 billion.
Credit: Wikipedia
American multinational financial services giant Wells Fargo & Co. is the fifth largest bank with a market value of $159.77 billion.
Credit: Wikipedia
London-headquartered HSBC Holdings is next on the list with a market value of $158.7 billion.
Credit: Wikipedia
HDFC Bank, the latest entrant on the list, has a market value of $154.23 billion making it the seventh largest bank in the world.
Credit: BCCL
Bank of China is eighth on the list of the world’s largest banks with a market value of $147.84 billion.
Credit: Wikipedia
The China Construction Bank is ninth on the list with a market value of $143.11 billion.
Credit: Wikipedia
Royal Bank of Canada is tenth on the list of the world’s largest banks with a market value of $135.17 billion.
Credit: Wikipedia