5 Largest Banks in The World by Market Cap

4. HSBC Holdings plc (NYSE:HSBC)

Market Capitalization: $148.6 billion

HSBC Holdings plc, originally The Hongkong and Shanghai Banking Corporation, is a British financial services group based in London, with business reach in East Asia. For the year ending 31 December 2023, revenue rose by 30% to $66.1 billion, surpassing forecasts. Net interest margin increased to 1.66% from 1.48% in 2022, and the common equity tier 1 ratio improved to 14.8% from 14.2% in 2022.