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Top 1000 World Banks for 2009 by Tier 1 Capital
Posted By Barry Ritholtz On June 28, 2009 @ 5:50 pm In Bailouts,Credit | Comments Disabled
The Banker [1] magazine released the Top 1000 world banks for 2009 based on their Tier 1 capital.
“For the first time in the Top 1000’s 39-year history, the top 25 banks – which account for almost 40% of the Top 1000’s Tier 1 capital and almost 45% of its total assets – recorded a loss, which totalled $32.37bn (-28.1% of Top 1000 profits). Stripping out the profits of the lower reaches of the Top 25 means that the top five banks fared even worse. Representing 13.4% of total Tier 1 capital and 12.3% of total assets, the top five banks lost a staggering $95.8bn (-83.3% of total profits).
The worst losses are at the UK’s Royal Bank of Scotland, with $59.3bn (including losses attributable to minority interests), followed by the US’s Citigroup, with $53bn, and Wells Fargo, which lost $47.7bn. The UK’s HBOS produced the sixth worst losses in the world (see table of worst losses).”
Astonishing. Here’s the Top 25 from the rankings:
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| Rank | Bank | Country | Ticker |
|---|---|---|---|
| 1 | JP Morgan Chase & Co | US | JPM [2] |
| 2 | Bank of America Corp | US | BAC [3] |
| 3 | Citigroup | US | C [4] |
| 4 | Royal Bank of Scotland | UK | RBS [5] |
| 5 | HSBC Holdings | UK | HBC [6] |
| 6 | Wells Fargo & Co | US | WFC [7] |
| 7 | Mitsubishi UFJ Financial Group | Japan | MTU [8] |
| 8 | ICBC | China | |
| 9 | Credit Agricole Group | France | |
| 10 | Santander Central Hispano | Spain | STD [9] |
| 11 | Bank of China | China | |
| 12 | China Construction Bank Corp | China | |
| 13 | Goldman Sachs | US | GS [10] |
| 14 | BNP Paribas | France | BNPQY [11] |
| 15 | Barclays Bank | UK | BCS [12] |
| 16 | Mizuho Financial Group | Japan | MFG [13] |
| 17 | Morgan Stanley | US | MS [14] |
| 18 | UniCredit | Italy | |
| 19 | Sumitomo Mitsui Financial Group | Japan | SMFJY [15] |
| 20 | ING Bank | Netherlands | ING [16] |
| 21 | Deutsche Bank | Germany | DB [17] |
| 22 | Rabobank Group | Netherlands | |
| 23 | Societe General | France | SCGLY [18] |
| 24 | Agricultural Bank of China | China | |
| 25 | Intesa Sanpaolo | Italy | IITSF [19] |
Source: TheBanker.com [20]
>
Source:
Top 1000 world banks 2009 [20]
Geraldine Lambe
The Banker, 24 June, 2009
http://www.thebanker.com/news/fullstory.php/aid/6703/Top_1000_world_banks_2009.html
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2009/06/top-1000-world-banks-for-2009-by-tier-1-capital/
URLs in this post:
[1] The Banker: http://www.thebanker.com
[2] JPM: http://finance.yahoo.com/q?s=JPM
[3] BAC: http://finance.yahoo.com/q?s=bac
[4] C: http://finance.yahoo.com/q?s=c
[5] RBS: http://finance.yahoo.com/q?s=RBS
[6] HBC: http://finance.yahoo.com/q?s=hbc
[7] WFC: http://finance.yahoo.com/q?s=wfc
[8] MTU: http://finance.yahoo.com/q?s=mtu
[9] STD: http://finance.yahoo.com/q?s=std
[10] GS: http://finance.yahoo.com/q?s=gs
[11] BNPQY: http://finance.yahoo.com/q?s=bnpqy.pk
[12] BCS: http://finance.yahoo.com/q?s=bcs
[13] MFG: http://finance.yahoo.com/q?s=mfg
[14] MS: http://finance.yahoo.com/q?s=ms
[15] SMFJY: http://finance.yahoo.com/q?s=smfjy.pk
[16] ING: http://finance.yahoo.com/q?s=ing
[17] DB: http://finance.yahoo.com/q?s=db
[18] SCGLY: http://finance.yahoo.com/q?s=scgly.pk
[19] IITSF: http://finance.yahoo.com/q?s=IITSF.pk
[20] TheBanker.com: http://www.thebanker.com/news/fullstory.php/aid/6703/Top_1000_world_banks_2009.html
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