List of largest banks
These are lists of the banks in the world, as measured by total assets. By total assets. The list is based on the April 2020 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon assets as reported and was not adjusted for different accounting treatments. Accounting treatment affects the assets reported: for example, the United States uses US GAAP (as opposed to IFRS), which only reports the net derivative position in most cases, leading to US banks having fewer derivative assets than comparable non-US banks. If  JPMorgan Chase reported under the IFRS, it would be ranked 2nd in the list. , rather than 5th. By market capitalization. The list is based on Relbanks.com's ranking as at 1 July 2019, where the data are derived from annual reports and financial statements of the companies.