HSBC Holdings Plc (HBC) of U.K. was awarded the title of “Best Global Bank” by the highly respected Euromoney magazine in London on July 8th. Congratulating the bank Euromoney said: “After a period in which banks suffered for putting too many eggs into too few baskets, one of the things that stands out at HSBC …
The following are the 25 most profitable banks in the world based on their 2008 earnings as per The Banker magazine: [TABLE=167] Not surprisingly Chinese banks dominates this list with a total of five and three among the top five ranks. ICBC of China ranks the most profitable in the world with a profit of …
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The total assets the top banks of the world grew by 6.8% in 2008 per The Banker magazine. However there was no asset growth among the top 10 banks in the list shown below. The Top 25 World banks for 2009 based on Asset Growth are: [TABLE=164] Source: The Banker Royal Bank of Scotland (RBS) …
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The Banker magazine has released the Top 1000 world banks for 2009 based on their Tier 1 capital. The following are the Top 25 from the rankings: [TABLE=163] The Top 3 ranked banks are the US-based banks with JPMorgan Chase (JPM) being the number one bank.The other two US banks are Bank of America(BAC) and …
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The Banker Magazine has released a preview of its “The Banker Top 1000 World Banks” list. The banks in the list are ranked based on their Tier 1 capital ratio. According to the magazine, “Tier 1 capital is the most relevant measurement of bank strength”. The Top Five Strongest Banks for 2009 are: [TABLE=161] The …