Top 1000 World Banks for 2009 by Tier 1 Capital

The Banker 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 Bank of America Corp US BAC
3 Citigroup US C
4 Royal Bank of Scotland UK RBS
5 HSBC Holdings UK HBC
6 Wells Fargo & Co US WFC
7 Mitsubishi UFJ Financial Group Japan MTU
8 ICBC China
9 Credit Agricole Group France
10 Santander Central Hispano Spain STD
11 Bank of China China
12 China Construction Bank Corp China
13 Goldman Sachs US GS
14 BNP Paribas France BNPQY
15 Barclays Bank UK BCS
16 Mizuho Financial Group Japan MFG
17 Morgan Stanley US MS
18 UniCredit Italy
19 Sumitomo Mitsui Financial Group Japan SMFJY
20 ING Bank Netherlands ING
21 Deutsche Bank Germany DB
22 Rabobank Group Netherlands
23 Societe General France SCGLY
24 Agricultural Bank of China China
25 Intesa Sanpaolo Italy IITSF

Source: TheBanker.com

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Source:
Top 1000 world banks 2009
Geraldine Lambe
The Banker, 24 June, 2009
http://www.thebanker.com/news/fullstory.php/aid/6703/Top_1000_world_banks_2009.html

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