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World's 10 biggest banks
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by wunder | March 31, 2008 at 03:32 am
64098 views | 7 Recommendations | 17 comments
A bank is a place that will lend you money ifyou can prove you don't need it, said US actor Bob Hope. But on aserious note, there is no denying the fact that banks are to economieswhat souls are to human beings.
TheBankersalmanac.com ranks the world's largest banks by total assets inUS dolalrs. By the way, according to Bankersalmanac.com, Citibank NA is the world's 16th largest bank. So which are the top 10? Read on to find out:
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at 05:58 on March 31st, 2008
"No.1 Citi Bank, US (largest bank in US, so as in the world)
No.2 Bank Of America (BOA), US (2nd biggest bank in US)
No.3 HSBC, UK (largest bank in UK, and Europe by market value)(No.3 in 3rd Qtr'07, at present No.1 in the world with Gross profit of USD$24.42 billion for 2007 financial year)
No.4 UBS, SWZ (largest bank in SWZ,and in Europe by asset)
No.5 Credit Sussie (CSFB, SWZ)(2nd largest bank in SWZ)
No.6 RBS, Scotland, UK (2nd largest bank in UK)
No.7 Deutche Bank, Germany (largest bank in Germany)
No.8 BNP Paribas (largest bank in France)
No.9 Barclays, UK (3rd largest bank in UK)
No.10 Bank of Tokyo, Japan (Asia's largest bank)"
I think this rate is right.
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at 20:34 on October 13th, 2008
Your data is outdated.
Bank of Tokyo was merged in April, 1996 with another bank and Bank of Tokyo doesn't even exist anymore.
at 08:50 on March 31st, 2008
I believe it must be a joke saying that Citi bank is in 16th position and no news about HSBC. Dont make us fool as we know what is true. IF you want to know the correct figures then I am pretty sure there are many banks in the list not even will come in top 20. Take it as SocGen, a bank which is suffering $12.4 billion loss in internal trading by their own employee, who got 6 years prisonment. After then, HSBC was trying to acquire this bank with $108 billion bid. It didnt happen because France govt. didnt allow foreign players to participate or else things would ve been different, now it is selling it's CMP equities in the market 20% lower than it's listed price in the DAX 40 to aspire some urgent cash due to their huge cash shortage. And, UBS who already write down it's $18.4 billion subprime losses and hiding correct information to their investors, and European Union doing investigation into this, that was the main reason why this bank was not allowed by RBI to enter into Indian market and invest in various sectors. If I will write then it will go on and on. These are the craps saying Citi bank is in 16th position and HSBC who got $24.42 billion profit in Gross ($19.36 billion net profit in 2007 financial year) is no where..where all these banks are showing year end losses in billions.
Check out in Forbes.com, FT.com (Financial Times)or Bloomberg the real market leaders in financial information provider not that Bankersalmanac.com.. It's really a joke.. And above rating of top ten banks by market value given by me in Rediff.com but sources are taken from FT.com and Bloomberg.
at 04:55 on July 23rd, 2008
Little drops of rain water makes a mighty ocean
at 03:38 on September 1st, 2008
No no I think lots of water makes mighty ocean.
at 11:23 on September 25th, 2008
No, you're both wrong. Taco, that's right, Taco's make a mighty ocean...
at 03:34 on September 1st, 2008
I think SMGB is the NO in the world....
at 03:14 on September 30th, 2008
all i know is now, hsbc is now the largest bank in the world
at 07:55 on September 30th, 2008
Citi is the largest in the US but it's a FACT that HSBC is the largest in the world.
at 10:12 on October 11th, 2008
Citi is no where being close to no 1 in US
at 10:39 on November 7th, 2008
what is the latest ranking of world top ten banks
at 22:46 on November 7th, 2008
in my opinion every bank is biggest because . money is not matter service is best thing ..............
bank service is best thing .... i dont like evry indian goverment bank ....... private bank is best to evevry bank
at 18:13 on November 24th, 2008
The largest bank in the world now is China's Chinese Industrial and Commercial Bank by market capitalisation.
at 18:26 on November 24th, 2008
The largest bank in the world is now China's Chinese Industrial and Commercial Bank (ICBC) with a market capitalisation of USD 235 billion. (souce: Financial Post, Hong Kong August 21, 2008)
ICBC half yearly earnings jumped an astonishing 57% to US$9.4-billion, up from US$5.9-billion last year.
at 01:48 on November 25th, 2008
where Jp morgan stands....?
at 01:30 on November 29th, 2008
FORBES: Biggest World Banks
http://mtsu32.mtsu.edu:11489/Forbes%20Largest%20Banks.pdfat 15:56 on April 2nd, 2009
World Banks: Largest Banks in the World 2009
1) Industrial & Commercial Bank of China
2)China Construction Bank
3)Bank of China
4)HSBC (Hongkong & Shanghai Bank Corporation)
5)JPMorgan Chase
6)Mitsubisgi UFJ Financial
See below link for more list:
http://www.golivewire.com/forums/peer-yoibabb-support-a.html#