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5 Bank 0 Szh a Mortgage searchssearcha Bank c Bank Hypothekare M Mortgage rsearchgsearchg Mortgagebankukmortgage search Bank a Bank k Mortgage isearch3 Mortgage 1 Mortgage 75 Bank 0 Szh a Mortgage Source: The Banker
Royal Bank of Scotland (RBS) tops the list with total assets of $3.5 T. This amount has grown so high for RBS because it acquired ABN Amro Bank of The Netherlands in 2007 . That deal was the largest banking merger in history. ABN Amro was acquired by a consortium consisting of RBS, Fortis and Banco Santander. This deal is now not only the largest banking merger, but probably one of the worst deals ever since ABN was acquired at the peak of the credit bubble.
Out of the three Chinese banks in this list Agricultural Bank of China and Bank of China are new entrants this year.Chinese banks are growing rapidly due to strong lending environment in the domestic market as well as growth in select markets overseas. In one of the strategic moves, ICBC of China acquired a 20 percent stake in South Africa’s Standard Bank in late 2007 for expansion into Africa. Standard Bank is one of the regional heavyweights in Africa with significant presence in many countries.
Another new entrant to the top 25 list is US-based Wells Fargo (WFC). Wells Fargo’s acquisition of Wachovia last year increased its total assets. Llyods Bank (LYG) acquired UK’s largest mortgage lender HBOS plc last year as well.
“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:
| Rank | Bank | 中文名称 | Country | Ticker |
|---|---|---|---|---|
| 1 | JP Morgan Chase & Co | 摩根大通公司 | US | JPM |
| 2 | Bank of America Corp | 美国银行 | US | BAC |
| 3 | Citigroup | 花旗集团 | US | C |
| 4 | Royal Bank of Scotland | 苏格兰皇家银行 | UK | RBS |
| 5 | HSBC Holdings | 汇丰集团 | UK | HBC |
| 6 | Wells Fargo & Co | 美国富国银行 | US | WFC |
| 7 | Mitsubishi UFJ Financial Group | 三菱日联金融集团 | Japan | MTU |
| 8 | ICBC | 中国工商银行 | China | |
| 9 | Credit Agricole Group | 法国农业信贷银行 | France | |
| 10 | Santander Central Hispano | 西班牙国际银行 | Spain | STD |
| 11 | Bank of China | 中国银行 | China | |
| 12 | China Construction Bank Corp | 中国建设银行 | China | |
| 13 | Goldman Sachs | 高盛集团 | US | GS |
| 14 | BNP Paribas | 法国巴黎银行 | France | BNPQY |
| 15 | Barclays Bank | 英国巴克莱银行 | UK | BCS |
| 16 | Mizuho Financial Group | 日本瑞穗金融集团 | Japan | MFG |
| 17 | Morgan Stanley | 摩根士丹利公司 | US | MS |
| 18 | UniCredit | 意大利联合信贷银行 | Italy | |
| 19 | Sumitomo Mitsui Financial Group | 日本三井住友金融集团 | Japan | SMFJY |
| 20 | ING Bank | 荷兰国际集团 | Netherlands | ING |
| 21 | Deutsche Bank | 德意志银行 | Germany | DB |
| 22 | Rabobank Group | 荷兰合作银行 | Netherlands | |
| 23 | Societe Generale | 法国兴业银行 | France | SCGLY |
| 24 | Agricultural Bank of China | 中国农业银行 | China | |
| 25 | Intesa Sanpaolo | 意大利联合圣保罗银行 | Italy | IITSF |