what crap..I worked in Bank of America HQ. It is in Charlotte, North Carolina..Not NYC as it states above. The top 10 list is dubious. They have mixed them by fund managing and assets. The biggest bank in the world by market cap is HSBC.
RE:Bank of america head quaters not in NYC
by M Kisan on Mar 29, 2008 02:47 AM Permalink
Dear Banker, What is the difference between market cap of a bank and assets of a bank (ie banks managing of other people's money)? Please tell us.
RE:Bank of america head quaters not in NYC
by Gautam Bothra on Mar 29, 2008 10:29 AM Permalink
True. Market cap is not a real measure of bank's size but deposits are. Market cap is CMP of equity.