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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 plc is a non-ring-fenced bank of Barclays PLC, consisting of corporate and investment bank (CIB), consumer, cards and payments (CCP) and head office. In March 2018 the UK banking business of Barclays Bank plc comprising consumer banking and business banking was transferred from Barclays Bank plc to the ring-fenced bank, Barclays Bank UK Plc.

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 A1 (upper medium grade). Barclays Bank plc participates in the 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.

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 A+ (high credit quality). HSBC Bank plc participates in the 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 Securities is focused on providing tailored wealth management solutions to high net-worth individuals and families.

Services
wealth management
wealth planning
investment advisory
investment management
Clients
high net worth individuals
families
Products
current accounts
deposit accounts
property loans
credit facilities

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 the deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.

#4: Lloyds Bank Plc

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. Lloyds Bank offers a comprehensive range of financial products and services, including current accounts, savings, mortgages, loans and credit cards.

Services
retail banking
private banking
corporate banking
Clients
individuals
companies
Area Served
GBUnited Kingdom
Products
current accounts
credit cards
personal loans
savings accounts
ISAs
insurance

Lloyds Bank Plc 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 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 Aa2 (high grade). Lloyds Bank Plc participates in the 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.

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 the 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.

Services
retail banking
private banking
corporate banking
Clients
individuals
companies
Area Served
GBUnited Kingdom
Products
current accounts
credit cards
personal loans
savings accounts
ISAs
investment funds
shares dealing accounts
insurance
retirement plans

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 Aa2 (high grade). Bank of Scotland participates in the 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 Group provides retail, private and corporate banking products and services. Standard Chartered Group has a history in the United Kingdom since 1853. Standand Chartered Bank in London is focused on corporate and institutional banking business as well as private banking and international Banking operations. Standard Chartered Bank also offers a wide range of Shariah-compliant financial products based on Islamic values.

Services
private banking
corporate banking
institutional banking
Islamic banking
financial markets
transaction banking
corporate finance
securities clearing
Clients
high net-worth individuals
companies
institutions
Area Served
GBUnited Kingdom
Asia, Africa, Middle East

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 the deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.

See Also