Leading UK banks 2021, by total assets

HSBC was the largest bank in the United Kingdom as of December 31, 2021, with total assets worth around 2.2 trillion British pounds. As of 2020, HSBC was also as the second largest bank in Europe, and one of the largest banks worldwide.

Market capitalization of the banking sector in Europe and 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 2021, HSBC 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. By the end of 2020, the bank had over 226,000 employees around the world.