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Board of Governors of the Federal Reserve System
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Federal Reserve Board of Governors

Figure 1: Assets of Top 3 and Top 10 Global Banks as a Percent of Global GDP

Percent of Global GDP

Year Top 3 Banks Remaining Top 10 Banks Total
1974 3% 5% 8%
1988 6% 10% 15%
1997 6% 10% 16%
2007 17% 26% 43%
2013 11% 22% 33%

Sources: Bank quarterly and annual reports, The Banker rankings, and staff estimates.

Figure 2: Assets of Top 3 Global Banks as a Percent of Home Country GDP

Percent of Home Country GDP

Year Bank Name % of Home Country GDP
1974 BankAmerica (US) 4%
1974 Citicorp (US) 4%
1974 Chase Manhattan (US) 3%
2007 RBS (UK) 134%
2007 Deutsche (GER) 89%
2007 BNP Paribas (FRA) 96%

Sources: Bank quarterly and annual reports and The Banker rankings.

Last update: March 28, 2014