The Global Finance magazine has published its list of the world’s 50 safest banks for this year. These banks were selected “through a comparison of the long-term credit ratings and total assets of the 500 largest banks around the world. Ratings from Moody’s, Standard & Poor’s and Fitch were used.” The magazine has published this …
This week SNL Financial released the list of the biggest 50 U.S. banks and thrifts based on assets as of 2Q, 2010. The list is shown below with tickers included for banks that are public traded: [TABLE=525] Some of the key points from the rankings are: 1. First Niagara Financial Group Inc jumped to 38th …
This week FinanceAsia announced the winning banks for many Asian countries for 2010. These banks were selected based on many factors. From the news report: “The selection of the winning bank is a highly quantitative one, with each bank scored on a number of key performance metrics. Public Bank scored the highest of the 11 …
The graphic below shows the top 25 worst global banks based on losses: Source: The Banker Except VTB-Bank of Russia, all the losers in this list are from Europe, the U.S. and Japan. None of the major emerging market banks appear in this list which confirms their strength during the global financial crisis.
Bank of America (BAC) tops the rankings in the Top 20 World Banks 2010 list based on Tier 1 capital published by The Banker magazine. Bank of America topped this ranking back in 1970 when the list was released for the first time. The second and third places went to JPMorgan Chase(JPM) and Citigroup (C) …
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