These are the 28 biggest banks in the world - each one with more than $1 trillion of assets

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These are the 28 biggest banks in the world - each one with more than $1 trillion of assets

A view of the exterior of the JPMorgan Chase & Co. corporate headquarters in New York City, U.S. on May 20, 2015.  REUTERS/Mike Segar/File Photo

Thomson Reuters

LONDON - Every year S&P Global Intelligence releases its annual ranking of the world's biggest banks by assets, and in 2017, for another year, Chinese banks dominate the top of the list.

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In total, S&P Global included 28 banks across the world with over $1 trillion in assets across Asia, North America, and Europe.

"Asian banks continue to dominate the S&P Global Market Intelligence global bank rankings with Chinese institutions claiming the top four spots," JP O'Sullivan, managing director of financial institutions at S&P Global.

Banks with big retail operations dominate the list, meaning investment banking giants including Goldman Sachs and Morgan Stanley, and UBS miss out on the $1 trillion mark, ranking 35th, 34th, and 38th respectively.

After a tough year in 2016, European banks bounced back on S&P's 2017 list, thanks largely to a rising euro and a strong economic outlook. Three European banks cracked the top 10 this year, up from two last year.

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Overall, 11 European banks, 11 from Asia, and six from North America held more than $1 trillion in assets. Check out the world's biggest banks below.

Get the latest Bank of America stock price here.

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28. UniCredit, Italy — $1.004 trillion

28. UniCredit, Italy — $1.004 trillion

27. The Norinchukin Bank, Japan — $1.006 trillion

27. The Norinchukin Bank, Japan — $1.006 trillion
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26. ING Group, The Netherlands — $1.02 trillion

26. ING Group, The Netherlands — $1.02 trillion

25. Toronto-Dominion Bank, Canada — $1.03 trillion

25. Toronto-Dominion Bank, Canada — $1.03 trillion
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24. Royal Bank of Canada, Canada — $1.04 trillion

24. Royal Bank of Canada, Canada — $1.04 trillion

23. Lloyds Banking Group, UK — $1.1 trillion

23. Lloyds Banking Group, UK — $1.1 trillion
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22. Postal Savings Bank of China, China — $1.385 trillion

22. Postal Savings Bank of China, China — $1.385 trillion

21. Bank of Communications, China — $1.39 trillion

21. Bank of Communications, China — $1.39 trillion
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20. Groupe BPCE, France — $1.51 trillion

20. Groupe BPCE, France — $1.51 trillion

19. Societe Generale, France — $1.5311 trillion

19. Societe Generale, France — $1.5311 trillion
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18. Barclays, UK — $1.5317 trillion

18. Barclays, UK — $1.5317 trillion

17. Mizuho Financial Group, Japan — $1.72 trillion

17. Mizuho Financial Group, Japan — $1.72 trillion
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16. Banco Santander, Spain — $1.74 trillion

16. Banco Santander, Spain — $1.74 trillion

15. Deutsche Bank, Germany — $1.77 trillion

15. Deutsche Bank, Germany — $1.77 trillion
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14. Sumitomo Mitsui Financial Group, Japan — $1.78 trillion

14. Sumitomo Mitsui Financial Group, Japan — $1.78 trillion

13. Citigroup, USA — $1.84 trillion

13. Citigroup, USA — $1.84 trillion
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12. Japan Post Bank, Japan — $1.87 trillion

12. Japan Post Bank, Japan — $1.87 trillion

11. Wells Fargo, USA — $1.95 trillion

11. Wells Fargo, USA — $1.95 trillion
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10. Credit Agricole, France — $2.12 trillion

10. Credit Agricole, France — $2.12 trillion

9. Bank of America, USA — $2.28 trillion

9. Bank of America, USA — $2.28 trillion
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8. BNP Paribas, France — $2.36 trillion

8. BNP Paribas, France — $2.36 trillion

7. HSBC, UK — $2.52 trillion

7. HSBC, UK — $2.52 trillion
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6. JPMorgan Chase, USA — $2.53 trillion

6. JPMorgan Chase, USA — $2.53 trillion

5. Mitsubishi UFJ Financial, Japan — $2.79 trillion

5. Mitsubishi UFJ Financial, Japan — $2.79 trillion
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4. Bank of China, China — $2.99 trillion

4. Bank of China, China — $2.99 trillion

3. Agricultural Bank of China, China — $3.24 trillion

3. Agricultural Bank of China, China — $3.24 trillion
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2. China Construction Bank, China — $3.40 trillion

2. China Construction Bank, China — $3.40 trillion

1. Industrial & Commercial Bank of China, China — $4.00 trillion

1. Industrial & Commercial Bank of China, China — $4.00 trillion
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