Top Ten Banks - By Market Value
by surya das on Mar 30, 2008 11:35 AM Permalink | Hide replies

Here you go to know the World's top ten banks by market value.

No.1 Citi Bank, US (largest bank in US, so as in the world)
No.2 Bank Of America (BOA), US (2nd biggest bank in US)
No.3 HSBC, UK (largest bank in UK, and Europe by market value)(No.3 in 3rd Qtr'07, at present No.1 in the world with Gross profit of USD$24.42 billion for 2007 financial year)
No.4 UBS, SWZ (largest bank in SWZ,and in Europe by asset)
No.5 Credit Sussie (CSFB, SWZ)(2nd largest bank in SWZ)
No.6 RBS, Scotland, UK (2nd largest bank in UK)
No.7 Deutche Bank, Germany (largest bank in Germany)
No.8 BNP Paribas (largest bank in France)
No.9 Barclays, UK (3rd largest bank in UK)
No.10 Bank of Tokyo, Japan (Asia's largest bank)

In 2007, where major banks and broking firms were struggling in Sub-prime crisis. Here are datas of losses for them as well. (All are in USD)

Citi Bank (write down by 23.8 Billion)
UBS (write down by 18 billion)
HSBC (17 billion bad loan)
Credit Sussie (nearly 13 billion, yet to reveal actual losses)
Societe Generale, France (2nd largest bank in France) (10.4 billion due to internal trading fraud in future commodities by one of their own employee) Got 6 years prison for this illegal trade creating dummy trading accounts.
BOA, (write down nearly 6 billion)
Morgan Stanley largest broking house in US(nearly 4 billion)
and list is going on and on.. Everybody knows about Bear Stern ,6th largest broking house hammered by subprime losses and now acquired by Morgan S

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RE:Top Ten Banks - By Market Value
by RAHUL MAGAN on Mar 31, 2008 01:25 AM Permalink
Making the top 10 banks does not making the sense because the Financial Valuationin their forecasting structure are so poor and that is making them 0 , Subprime is the latest story if u are thinking is is the only wrong that happened and close you are mistaken . u r yet to see the subprime toll on Financial Markets, so make the Valuation more accurate than the advt in the mkt.

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RE:Top Ten Banks - By Market Value
by zyklon on Apr 01, 2008 09:20 AM Permalink
Bear Sterns was acquired by JP Morgan Chase..Not Morgan Stanley..Also Morgant Stanley is not the largerst broking house in US. It is goldman sachs..Dude, u work for MS ?

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RE:Top Ten Banks - By Market Value
by surya das on Apr 04, 2008 10:49 PM Permalink
Mr. Zyklon,I am wrong to say that it was Morgan Stanley took over BearStern, actually it is JP Morgan.
But, for your information Merrill Lynch & Co. is not only US but also world's largest brokerage house. Check out FT.com or Bloomberg.com.. the real leaders in financial data provider.

And, I am not working in MS..I am working for world's largest bank by market value.

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RE:Top Ten Banks - By Market Value
by surya das on Mar 30, 2008 11:48 AM Permalink
Here are the Top 3 banks in India both by market value and Asset.

No.1 SBI , nearly USD$122 billion
No.2 ICICI nearly USD$ 111 billion
No.3 HDFC nearly USD$ 78 billion

Subprime losses in US marginally suffered by Indian banks.

ICICI , wrote down nearly INR 213 crores
HDFC is not confirmed yet, but have some losses as well. Others have not invested in US housing market.

Note : SBI's asset is equal to 6th biggest bank in China

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RE:Top Ten Banks - By Market Value
by Ravan Raj on Mar 30, 2008 03:41 PM Permalink
These are the only initial results final result has yet to come.as US recession almost confirmed.No bank can escape from the crisis.Bcaz they only created this situation.

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