Global Finance magazine published its annual ranking of the world’s best banks in March. The following is a list of the The World’s Best Developed Markets Banks for 2015. These banks were selected based on many factors including objective and subjective factors. From the press release:
The winners of this year’s awards are those banks that attended carefully to their customers’ needs in difficult markets and accomplished better results while laying the foundations for future success.
All selections were made by the editors of Global Finance, after extensive consultations with corporate financial executives, bankers and analysts throughout the world. In selecting these top banks, we considered factors that range from the quantitative objective to the informed subjective. In addition, a poll of Global Finance’s corporate readership was conducted in order to increase the accuracy and reliability of the results.
Banks were invited to submit entries supporting their selection. Objective criteria considered included: growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products. Subjective criteria included the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry.
|6||Canada||TD Bank Group|
|13||Hong Kong||Hang Seng Bank|
|15||Ireland||Bank of Ireland|
|19||Luxembourg||Banque et Caisse dEpargne de lEtat|
|22||New Zealand||Westpac New Zealand|
|24||Portugal||Banco Santander Totta|
Source: Global Finance Names The World’s Best Developed Markets Banks 2015, March 11, 2015, Global Finance