Flag of the United Kingdom>

Economy and Banking Sector of the United Kingdom

Major Banks of the United Kingdom

Rank
1
Total Assets
877.70 bln GBP  (-22.28%)
Market Share
9.88 %
Rank
2
Total Assets
604.96 bln GBP  (-26.12%)
Market Share
6.81 %
Rank
3
Total Assets
668.04 bln USD  (+7.59%)
Market Share
5.88 %
Rank
4
Total Assets
472.78 bln GBP  (-18.06%)
Market Share
5.32 %
Rank
5
Total Assets
446.20 bln USD  (-3.29%)
Market Share
3.92 %
Rank
6
Total Assets
343.93 bln GBP  (-8.67%)
Market Share
3.87 %
Rank
7
Total Assets
425.34 bln USD  (+5.12%)
Market Share
3.74 %

#1: Barclays Bank plc

Barclays Bank is a global universal bank, offering retail, private, corporate and investment banking products and services worldwide. Barclays Bank plc is the head bank of Barclays Group (United Kingdom).

Business Focus
universal banking

Barclays Bank plc is the 1st largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 877,70 bln GBP, providing the bank with the market share of 9.88%. In 2018 the bank's annual profit was 1 422,00 mln GBP.

Barclays Bank plc is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A (high credit quality). Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade). Barclays Bank plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.

#2: HSBC Bank plc

Founded in 1880, HSBC Bank is a global universal bank providing various banking and financial services worldwide. HSBC Bank offers products and services in the following segments: retail banking and wealth management, commercial banking, global banking and markets, and global private banking.

Business Focus
corporate and investment banking

HSBC Bank plc is the 2nd largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 604,96 bln GBP, providing the bank with the market share of 6.81%. In 2018 the bank's annual profit was 1 532,00 mln GBP.

HSBC Bank plc is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality). HSBC Bank plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.

#3: J.P. Morgan Securities plc

J.P. Morgan Chase & Co is an American full service securities firm and commercial bank engaged in securities trading and brokerage activities, as well as providing investment banking, asset management and private banking, financing, and financial advisory services and other commercial and investment banking products and services to a wide range of corporations and individuals.

Business Focus
investment banking

J.P. Morgan Securities plc is the 3rd largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 668,04 bln USD, providing the bank with the market share of 5.88%. In 2018 the bank's annual profit was 3 369,59 mln USD.

J.P. Morgan Securities plc is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is (P)Aa2 (high grade; provisional). J.P. Morgan Securities plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.

#4: Lloyds Banking Group (Solo)

Founded in 1755, Lloyds Bank provides a broad range of retail, private and corporate banking products and services to households, businesses and communities in the United Kingdom.

Business Focus
retail banking

Lloyds Banking Group (Solo) is the 4th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 472,78 bln GBP, providing the bank with the market share of 5.32%. In 2018 the bank's annual profit was 5 911,00 mln GBP.

Lloyds Banking Group (Solo) is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa3 (high grade). Lloyds Banking Group (Solo) participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.

#5: Morgan Stanley Bank International Ltd

Established in 1935 Morgan Stanley is an American sustainable credit institution, providing wealth management, corporate and investment banking, capital markets, sales and trading solutions to invididuals, institutions and governments.

Business Focus
wealth management
investment banking

Morgan Stanley Bank International Ltd is the 5th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 446,20 bln USD, providing the bank with the market share of 3.92%. In 2018 the bank's annual profit was 697,00 mln USD.

Morgan Stanley Bank International Ltd participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.

#6: Bank of Scotland

Bank of Scotland was established in 1695 and is the oldest Scottish bank. Bank of Scotland provides a broad range of retail, private and corporate banking products and services in the United Kingdom. In the 1970s Bank of Scotland started its international expansion and now conducts selected activities globally.

Business Focus
universal banking

Bank of Scotland is the 6th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 343,93 bln GBP, providing the bank with the market share of 3.87%. In 2018 the bank's annual profit was 1 541,00 mln GBP.

Bank of Scotland is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa3 (high grade). Bank of Scotland participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.

#7: Standard Chartered Bank

Founded in 1969, Standard Chartered Bank is one of the largest British banks. Standard Chartered Bank provides retail, private and corporate banking products and services. Standard Chartered also offers a wide range of Shariah-compliant financial products based on Islamic values.

Business Focus
universal banking

Standard Chartered Bank is the 7th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 425,34 bln USD, providing the bank with the market share of 3.74%. In 2018 the bank's annual profit was 1 411,00 mln USD.

Standard Chartered Bank is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality). Standard Chartered Bank participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.

See Also