And yet another Top 10 list is released today. This time it's the Financial Times analysis of the leading investment banks of the world (doubleclick image to see the list properly):
This is hot on the heels of the Banker's release of the leading banks of the world, with the most profitable banks being:
ICBC (+$21.3bn)
China Construction (+$17.5bn)
Santander (+$15.8bn)
Bank of China (+$12.6bn)
Banco Bilbao (+$9.64bn)
HSBC (+$9.31bn)
Barclays (+$8.86bn)
and the banks with the biggest losses being:
RBS (–$59.3bn)
Citigroup (–$53.1bn)
Wells Fargo (–$47.8bn)
Fortis Bank (–$28.3bn)
UBS (–$19.6bn)
HBOS (–$15.8bn)
and adds to the Forbes list from April:
Global Sales Profits Assets Market
Rank Name Country Sector ($bn) ($bn) ($bn) Valn ($bn)
More to come I'm sure ...
... meanwhile, the UN's Millennium Campaign
report, which also came out this week, states that the amount
of money found to bail out financial institutions over the past six
months is 133 times greater than the amount of aid given to poor
countries over the past 49 years.
Point taken.
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
