What are the biggest banks in the United Kingdom?


The banking system in the United Kingdom is highly consolidated since the early 20th century and also highly concentrated with the top 10 banks having over 90% of market share. HSBC Bank with assets worth £ 662,710 million and its headquarters located in London is UK’s largest bank followed by the Royal Bank of Scotland, which has assets worth £ 583,467 million.
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1 Additional Answer
The major UK-based banks consist of Standard Chartered, Barclays bank, Royal Bank of Scotland, Lloyds Banking group and HSBC.
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