By Jonathan Davies
The UK's banks have fallen down the global rankings, with only one gaining ground on The Banker's list of top 1,000 banks.
HSBC, the only UK bank in the top 10, fell from fifth to ninth following a string of scandals including accusations of tax evasion in Switzerland.
The list, which is based on capital strength, was topped by HSBC as the financial crisis started in 2008.
Royal Bank of Scotland (RBS) fell from 15th to 18th, having been named the world's third largest bank prior to its demise during the crisis. Barclays also lost ground, falling a place to 13th.
Nationwide is the only UK entry to have climbed the rankings, rising from 119th to 105th. Lloyds Banking Group, the only other UK bank not to fall, stayed in 22nd place.
Brian Caplen, editor of The Banker, said: “At one time several UK banks were among a handful of truly global players. But since the financial crisis they have reduced their scope and are focusing on a fewer areas in a bid to restore profitability. We may have seen the end of the UK-based global bank.”
The list is topped by two Chinese banks; ICBC and China Construction Bank. The Bank of China and Agricultural Bank of China also make the top 10. The US also has four banks in the top 10; JP Morgan sits in third and is joined by Bank of America, Citigroup and Wells Fargo & Co. The top 10 is completed by Japan's Mitsubishi UFJ.