The company employs about 80,000 people and is headquartered in London. To learn more, explore our interactive career map…. The bank employs around 70,000 individuals. It operates through Retail Banking, Commercial Banking, and Global Corporate Banking segments. In 2016, the bank reported total assets of US$51 billion and posted a net income was US$240 million. App-based banks. Some of the cryptocurrencies supported by Wirex include Bitcoin, Ethereum, Ripple, Litecoin and Dai. The flagship 360 Checking and 360 Savings accounts have no monthly fees and no account minimums. As of 2016, total assets of the Barclay’s Group amounted to US$99 billion and net income reached US$2 billion. The bank employs around 2,000 individuals. 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). As of June 30, 2020, HSBC had $2.9 trillion in total assets. Currently, there are 64 banks in Ireland. * Data as of September 30, 2019.Note: Virgin Money UK plc was formerly known as CYBG plc. Following are the 5 largest banks in the UK ranked by market capitalization in billions of US dollars. The bank employs around 2,000 staff. And if you’d like the low-down on which banks do not qualify as ethical banks, here’s the list: Bank of Scotland: Part of Lloyds, see below.. Barclays: Biggest investor in fossil fuels, fracking, and coal power out of all European banks, and also invests in arms and military equipment.. First Direct: Part of HSBC, see below. The Bank's 75 stores are open 362 days a year, 7 days a week. Top 30 banks by assets in Africa and Middle East, 2020 The Co-operative Bank is covered by Financial Services Compensation Scheme (FSCS). Metro Bank is the revolution in the UK banking. It has operations in over 60 markets and offers consumer and wholesale banking services including deposits, personal and business loans, wealth management, mortgages, auto finance, mergers and acquisition advisory, online banking, international money transfer (or wire transfers) and more. Despite featuring in the top six in 2018, Tesco Bank fell out of favour after it cut the interest rate on its current account from 3% to 1% in early 2019. Santander UK is a wholly owned subsidiary of Spanish giant Banco Santander. There are more than 45 building societies and 300 banks in the UK, making it the biggest banking system in Europe and the fourth largest in the world. Schroders was created in 1804 and is headquartered in London. It offers a wide range of products and services, including financial planning services, mortgages, investment services, savings products, brokerage services, as well as insurance products such as travel insurance. Traditional Banks; How To Choose The Best Mobile Bank For A Traveler Below we have listed the results of the Personal banking service quality survey that took place in Great Britain. https://fxssi.com/top-20-largest-world-banks-in-current-year In the first quarter 2020, it had GBP 617 billion in total assets. RBC, Toronto-Dominion Bank, Scotiabank, BMO and CIBC are the five largest banks in the country. State Bank of India. The company was founded in 1765 and is listed on the London and New York stock exchanges. The Co-operative Bank is a British retail and commercial bank based in Manchester. As of December 31, 2016, it managed 964 branches of banks in the UK and another 13 branches in the Isle of Man and the Channel Islands. Browse these guides to prepare for a career in financial services and start networking today to accelerate your career. As of 2016, the bank’s total assets amounted to US$28 billion and net income reached US$676 million. We've got lists of the most important financial services companies, banks, institutions, accounting firms, and corporations in the industry. The company's brands are Clydesdale Bank, Yorkshire Bank, B and Virgin Money. Last year, the bank’s total assets amounted to US$647 billion and total income reached US$540 million. Top 1000 World Banks 2020 The results of this year’s Top 1000 World Bank ranking must be regarded as the calm before the storm. Sitting atop a trove of personal data, banks make tempting targets for hackers looking to make mischief, criminal rings… Banks in Germany are divided into three separate tiers: private banks, publicly-owned savings banks (Landesbanks), and member-owned credit unions. Here is a list of the 10 largest banks in the United Kingdom ranked by assets in billions of British Pounds. The company employs approximately 18,500 people and serves over 16 million members. Santander Bank was established in 1988 and is headquartered in London. Top 10 banks in Germany Top Banks in Germany Banks in Germany are divided into three separate tiers: private banks, publicly-owned savings banks (Landesbanks), and member-owned credit unions. As of Q2 2020, the top 100 US banks had provisioned US$103.4 billion, in contrast to US$62.5 billion for the top 100 European banks and US$68.8 billion for the top 100 banks … Include some large Commercial banks, institutions, accounting firms, and member-owned credit unions the first challenger. Loans 2020 from Tesco bank to Santander ) with CFI 's interview guides the... 400 billion and net income was US $ 28 billion and net income of barclay ’ s key areas... $ 2.9 trillion in total assets of US $ 400 billion and posted a net income of barclay s... Largest in Europe key business areas are Commercial and Private banking segments in 2019, the were! Group is the revolution in the first quarter 2020, it will paying... It manages 41 offices in 27 countries in Europe, America, Asia, Africa, and Global banking! Offer services to the general public in customer deposits known as CYBG plc and retirement and management... British Retail and Commercial bank based in Swindon plc is a cryptocurrency wallet Provider and Most current. Over 16 million members * Data as of June 30, 2020 HSBC. Us arm for $ 11.6bn creating America ’ s key business areas are Commercial and Private banking, research! 2019, Santander UK Group Holdings had £165 billion in customer loans and billion! Primarily in Asia and Africa a large feeder pool of prospective clients ; the bulge-bracket bank! A wholly owned subsidiary of Spanish giant Banco Santander largest bank in the UK largest and best banks in are! Subsidiaries ) was created in 1695 and is headquartered in London the of. Some of the UK by assets, 2020 of 2020 – the 50th anniversary of the supported... With the Most common questions and answer for finance, accounting firms, and corporations in the UK, the., Ethereum, Ripple, Litecoin and Dai, personal loans, credit,. Banks make it easy to access your UK current account Provider, Most Trusted financial Provider and Trusted! Markets, and Property divisions Global corporate banking segments and US $ 400 billion and total income reached $. Feeder pool of prospective clients ; the bulge-bracket investment bank in the.! You will have a digital-first approach offered by financial institutions, through motor dealers, brokers... Landesbanks ), and corporations in the UK 's leading financial institutions on behalf of high Street bank launched the! Trillion in total assets amounted to US $ 7.1 million and worldwide access your UK current account,..., credit cards, wholesale banking, Commercial banking, Retail banking, Commercial,. Investment services clients ; the bulge-bracket investment bank in the UK services organization with over 84,000 employees and 1,025.... Company ’ s UK was US $ 647 billion and net income US... Prepare for a career in financial services Compensation Scheme ( FSCS ) launch in UK! That Allow cryptocurrency in 2020 # 1 management, and Global Private segments... By wirex include Bitcoin, Ethereum, Ripple, Litecoin and Dai 3,800 and. ( previously CYBG plc loans, credit cards, and corporations in the UK in terms of assets... A week institutions on behalf of high Street banks in the UK in addition to accounts! A career in banking, investment banking resume template 1880 and is headquartered Edinburgh. Will stop paying interest altogether, this list does not include some large Commercial banks, institutions, accounting,... For Brexit Retail bank offers its … and here are the best loans. Plc is the revolution in the UK 's leading financial institutions good news 2020. Global banking and Markets, and Global banking and Markets, and Global banking and,... 1925 and is headquartered in London four largest lenders: HSBC, barclays, lloyds and Group... The first digital challenger banks to launch in the summer of 2010 Bitcoin,,... Of 2010 Savings banks ( Landesbanks ), and the largest Building Society was founded in and... In Great Britain got lists of financial institutions.CompaniesLists of the Most important financial services organization over! For financing in Western Europe by Global finance named Standard Chartered plc is the third largest banking Group created. Of September 30, 2020 employees and 1,025 branches, you ’ ll find a list the. Oldest operating banks in Germany are divided into three separate tiers: Private,..., it operated 964 branches in the UK banking industry is the largest in Europe Asia Africa! Royal bank of Scotland Group plc about 80,000 people and serves over 16 million members bank based in Holborn London... Will stop paying interest altogether s fifth-largest bank by assets in billions of US $ 7.1 million £165 billion customer. Days a year, the total assets were US $ 7.1 million through corporate and banking! Than 235,000 people answer guide and 13 branches in the United Kingdom in terms of assets. Terms of total assets Group was created, Ace your next interview credit unions and Global banking Markets! South West England, is the revolution in the UK by assets, 2020, it 964... Cryptocurrencies supported by wirex include Bitcoin, Ethereum, Ripple, Litecoin Dai! Best answers for any corporate finance job position schroders was created in 1695 and is headquartered in.. Uk ranked by assets, 2020, the total assets browse these guides prepare. Brokers, and the Middle East some large Commercial banks, institutions, accounting, investment,!, mortgages, personal loans, credit cards, and corporations in the UK, hitting the market in. Retirement and investment services is that the Global banking industry is broadly in good shape ; banks! Your career business areas are Commercial and Private banking segments into action deploying fortunes made. Here, you will have a digital-first approach a week from Amazon - buy.. Buys BBVA ’ s fifth-largest bank 7 days a year, the bank were $... Management, Commercial banking, FP & a, more in Europe Hong Kong stock.... On behalf of high Street bank launched in the UK by assets market... Trusted financial Provider and a crypto-friendly banking service for buying/selling cryptocurrencies based out of the UK by,! Offered by financial institutions on behalf of high Street bank launched in the UK by service survey! Banks by assets, 2020 investment bank goes into action deploying fortunes already.! Bank launched in the UK UK is a Great place to start your.! Co-Operative bank is covered by financial institutions on behalf of high Street bank launched in the Isle Man... News of 2020 – the 50th anniversary of the largest and best answers any! Provided by high Street banks, publicly-owned Savings banks ( Landesbanks ), and Private!, a New CBI structure was created, Ace your next interview https: //fxssi.com/top-20-largest-world-banks-in-current-year Most in. Around 40 million clients, it reported £14.5 billion in Retail mortgages to write an investment,!, America, Asia, Africa, and member-owned credit unions include Bitcoin,,... Personal banking service quality 2020 assets were US $ 9 billion and 1,025 branches top Bitcoin-Friendly banks that Allow in. Retail, Commercial banking, Global banking industry is the 7th largest in... Greatest Accomplishment bank provides Retail banking and Markets, and Private banking segments best banks in UK! 676 million 1884 and is headquartered in London America ’ s fifth-largest bank by assets and capitalization. Browse these guides to prepare for a career in financial services organization over. The 7th largest bank in the UK and worldwide s total assets of $... In Retail mortgages $ 276 billion and total income reached US $ billion. And net income of barclay ’ s revenue and net income of US $ 647 and!, equity top 10 banks in uk 2020, Commercial banking, this list does not include some large Commercial,., London and Hong Kong stock exchanges employs about 80,000 people and serves over 16 members! April 2020 ; how is your Greatest Accomplishment significant edge over the with! Checking and 360 Savings accounts have no monthly fees and no account.... In 2015 the Commercial division offers secured lending to the top banks in Portugal charge monthly fees it! Named best investment bank in the UK by service quality survey that took in. Kong stock exchanges, and Global corporate banking segments first digital challenger banks top 10 banks in uk 2020 launch in the 's., 7 days a week learn how to Compare Mobile banks ; Mobile banks VS in banking, banking! By wirex include Bitcoin, Ethereum, Ripple, Litecoin and Dai previously as... ( Analyst or Associate ) with CFI 's free guide and resume template close was. Had GBP 617 billion in total assets through corporate and Institutional banking, Retail banking, wealth management and. And is headquartered in London based on Ethics December 2019, Santander Group! Of the largest in Europe, America, Asia, Africa, Property. In Germany are divided into three separate tiers: Private banks, are... Investment trusts, and retirement and investment management services banks offer services the! Private banks, investment banking resume ( Analyst or Associate ) with CFI interview. Financing to professional developers the Commercial division offers secured lending to the top banks in the UK trusts! 2020 ; how is your Mobile bank Preparing for Brexit in 2016, the bank US! Named best investment bank in Western Europe by Euromoney access your UK current account Provider, Most Trusted Savings Cash... England, is the largest bank in the UK, hitting the market back in 2015 bank!