LONDON — S&P Global Intelligence on Friday released its annual ranking of the world’s biggest banks by assets, with Chinese banks dominating the list, securing the top four spots. US banks also fared strongly, but which European banks are the largest.

“European banks had a tough year on S&P’s list in 2016, thanks largely to depreciations in both the euro and the pound, which decreased the relative size of their total assets piles. The currency turmoil unleashed by Brexit battered European companies,” the report said.

Regardless, nine banks had total assets of more than $1 trillion, and a further 13 had more than $500 billion of assets. The list below contains 15 Biggest European banks if you would like to see the full list follow the link.

Awards International is happy to see that some of its biggest award entrants have found their place on this list.

15. Credit Suisse, Switzerland — $806.79 billion

15. Credit Suisse, Switzerland — $806.79 billion

Credit Suisse CEO Tidjane ThiamREUTERS/Ben Gurr/Pool

14. Credit Mutuel, France — $807.21 billion

14. Credit Mutuel, France — $807.21 billion

Wikipedia/CC 2.0

13. UniCredit, Italy — $863.48 billion

13. UniCredit, Italy — $863.48 billion

Reuters

12. ING, Netherlands — $891.25 billion

12. ING, Netherlands — $891.25 billion

Reuters

11. UBS, Switzerland — $920.11 billion

11. UBS, Switzerland — $920.11 billion

The logo of Swiss bank UBS is seen at the company’s headquarters in Zurich February 10, 2015.REUTERS/Arnd Wiegmann

10. Royal Bank of Scotland, UK — $986.48 billion

Royal Bank of Scotland has been an Awards International loyal entrant since 2012. Year after year they have entered and won the UK Customer Experience Awards. They also participated as finalists in the UK Employee Experience Awards and the UK Financial Services Experience Awards in the past couple of years.

10. Royal Bank of Scotland, UK — $986.48 billion

Ross McEwan, Chief Executive of RBS (Royal Bank of Scotland).Peter Macdiarmid/Getty Images

9. Lloyds Banking Group, UK — $1.010 trillion

Lloyds Banking Group was a finalist at the UK Customer Experience AwardsUK Financial Services Experience Awards and Complaint Handling Awards in 2016.

9. Lloyds Banking Group, UK — $1.010 trillion

A man uses an ATM outside a branch of Lloyds Bank in London.REUTERS/Andrew Winning/Files

8. Groupe BPCE, France — $1.302 trillion

8. Groupe BPCE, France — $1.302 trillion

Reuters/Benoit Tessier

7. Santander, Spain — $1.413 trillion

Santander showcased at the UK Financial Services Experience Awards last year.

7. Santander, Spain — $1.413 trillion

Could more bankers be getting on their bikes?Dan Kitwood/Getty Images

6. Societe Generale, France — $1.454 trillion

6. Societe Generale, France — $1.454 trillion

Reuters / Gonzalo Fuentes

5. Barclays, UK — $1.496 trillion

We can proudly say that Barclays has entered and won a number of different award shows organised by Awards International. They are definitely one of their most frequent entrants from this list.

5. Barclays, UK — $1.496 trillion

James ‘Jes’ Staley, CEO of BarclaysGetty

4. Deutsche Bank, Germany — $1.676 trillion

4. Deutsche Bank, Germany — $1.676 trillion

Reuters

3. Credit Agricole, France — $1.817 trillion

3. Credit Agricole, France — $1.817 trillion

Reuters

2. BNP Paribas, France — $2.190 trillion

1. HSBC, UK — $2.374 trillion

A lot of Awards International judges come from HSBC. So far they have judged at the UK Customer Experience AwardsUK Employee Experience Awards and UK Financial Services Experience Awards.

1. HSBC, UK — $2.374 trillion

HSBC’s Canary Wharf office, its global headquarters.REUTERS/Russell Boyce/File Photo

Written by: Will Martin
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