Showing 10 out of 20 companies.
HSBC Holdings Plc, Lloyds Banking Group Plc, Barclays Plc, Standard Chartered Plc, and NatWest Group Plc are the top 5 UK-based Banks in 2021 by revenue. Collectively, the top UK-based Banks generated revenue of $224,026 million, where HSBC Holdings Plc was the highest ($80,558 million), and Bank of Ireland (UK) Plc stood the lowest ($890 million). 5 out of 10 companies had a revenue decline in 2021, with the highest revenue growth being registered by Lloyds Banking Group Plc (24.6%), and the lowest revenue growth being registered by OSB Group Plc (0.7%). The top 10 banks in the UK employed a total of 521,323 people in 2021. The United Kingdom-based HSBC Holdings Plc ltd is the leading bank in the UK by revenue in 2021. The Bank reported revenues of $80,558 million for the fiscal year ending December 2021 (FY2021). due to an increase of 4% in credit and lending revenue as a result of wider margins and a 9% growth in global trade and receivables finance driven by an increase in fee income in all the regions. HSBC Holdings Plc is a banking and financial services group, which provides retail, commercial, and private banking, and wealth management solutions. HSBC operates through four segments: Wealth and Personal Banking, Commercial Banking, Global Banking and Markets, and Corporate Centre. The group serves about 40 million customers in 64 countries and territories in Europe, Asia, the Middle East, Africa, North America, and Latin America. HSBC employed 218,866 people in 2021. Barclays Plc (Barclays) is another leading bank in the UK by revenue in 2021. The bank reported revenue of $38,047 million for the fiscal year ended December 2021 (FY2021), a decline of 1.03% as compared to the previous year. Barclays is a provider of personal, commercial, investment banking, and other financial solutions. Its offerings consist of deposit services and accounts, loans, cards, private banking, wealth management, and other solutions.
FAQs
Here are top 10 banks in UK: 1.HSBC 2.Barclays 3.Lloyds 4.NatWest 5.Standard Chartered 6.Santander UK 7.Nationwide 8.Virgin Money UK 9.Royal Bank of Scotland 10.Metro. Which bank is the largest in the UK? HSBC.
What are the top 10 banks in the UK? ›
Here are top 10 banks in UK: 1.HSBC 2.Barclays 3.Lloyds 4.NatWest 5.Standard Chartered 6.Santander UK 7.Nationwide 8.Virgin Money UK 9.Royal Bank of Scotland 10.Metro. Which bank is the largest in the UK? HSBC.
Who are the big 5 banks in the UK? ›
The top five largest banks are HSBC Holdings, Lloyds Banking Group, Royal Bank of Scotland Group, Barclays, and Standard Chartered. This handful of banks has a monopoly on services to these enterprises.
What are the top banks based on revenue? ›
- JPMorgan Chase & Co. ( JPM) ...
- Bank of America Corp. (BAC) ...
- Industrial and Commercial Bank Of China Ltd. ( IDCBY) ...
- Wells Fargo & Co. ( WFC) ...
- China Construction Bank Corp. (CICHY) ...
- HSBC Holdings (HSBC) Revenue (TTM): $93.56B. ...
- Royal Bank of Canada (RY) Revenue (TTM): $116.92B. ...
- HDFC Bank Ltd (HBC) Revenue (TTM): $25.52B.
What are the big 4 banks in the UK? ›
England and Wales
- HSBC.
- Barclays.
- Lloyds Banking Group.
- NatWest Group.
Which UK banks are Tier 1? ›
Since December 2020 the Core Indicator has been Tier 1 capital. The group currently includes Barclays, HSBC, Lloyds Banking Group, Nationwide, NatWest, Santander UK, Standard Chartered and Virgin Money.
What are the top 10 building societies in the UK? ›
It covers the largest 10 national Building societies, including Nationwide, Yorkshire Building Society, Leeds Building Society, The Nottingham, Coventry Building Society, Principality Building Society, The Cumberland, Skipton Building Society, The West Brom, and Newcastle Building Society.
Who are the main banking and financial regulators in UK? ›
There are two key regulators in the UK. The Prudential Regulation Authority (“PRA”) is responsible for the financial safety and soundness of banks, whilst the Financial Conduct Authority (“FCA”) is responsible for how banks treat their clients and behave in financial markets.
Which is the most stable bank in the UK? ›
Which is the safest bank in the UK? Banks such as HSBC, Lloyds Bank, NatWest, and Barclays are solid and have a strong financial position. Although deposits are protected by FSCS only up to £85,000, these banks are unlikely to fail because of their size and resources.
Which bank generates the most revenue? ›
The 10 largest banks in the U.S. are Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank, PNC Bank, Goldman Sachs Bank, Truist Bank, Capital One and TD Bank. Holding trillions of dollars in combined assets, the 10 largest banks in the country offer various financial products.
What is a banks largest revenue source? ›
At their core, banks make money in two main ways -- commercial banking and investment banking. Commercial banking refers to products like checking accounts, auto loans, and mortgages. Investment banking refers to services like corporate transactions and wealth management.
What are the big 5 banks in the UK? ›
The retail and commercial banking markets are dominated by HSBC, Barclays, Lloyds Banking Group, NatWest Group and Spanish-owned Santander UK (most of these companies operate more than one banking brand in the UK).
What are the 4 clearing banks in the UK? ›
The majority of banks and financial services providers must use agency banking services from a clearing bank to process payments or offer current account and sort code based services. Before ClearBank, there were four principal clearing banks: Barclays, HSBC, Lloyds and Royal Bank of Scotland.
What are the Big 4 finance firms UK? ›
The Big 4 accounting firms table ranks the top four firms in the UK by total UK fee income. PwC, Deloitte, EY and KPMG are the leading players in the accountancy industry, with their services spanning advisory, audit and assurance, tax, risk consulting and management consulting, and capital and transaction management.
What American banks are in the UK? ›
American Banks in The UK
- Citibank UK. Citibank Group is an incredibly large banking conglomerate founded and based out of the United States. ...
- Morgan Stanley Bank International. ...
- Northern Trust Global Services. ...
- Chase UK. ...
- Bank of America.
What is the safest bank in the UK? ›
Which is the safest bank in the UK? Banks such as HSBC, Lloyds Bank, NatWest, and Barclays are solid and have a strong financial position. Although deposits are protected by FSCS only up to £85,000, these banks are unlikely to fail because of their size and resources.
Which bank is the most trusted? ›
Following one of the most successful years in United's long history, United Bank has been named the Most Trustworthy Bank in America by Newsweek for 2023.
Which is the top No. 1 bank in the world? ›
List of Top 10 Largest Banks in the World 2024
Rank | Bank | Headquarters |
---|
1 | JPMorgan Chase | New York, USA |
2 | Bank Of America | North Carolina, USA |
3 | ICBC Limited | Beijing, China |
4 | Wells Fargo | California, USA |
6 more rowsJan 29, 2024