Thursday, September 11, 2008

Citigroup rated "worse" than WaMu?

Highline Financial rates banks and thrifts for safety and soundness on a scale of zero (worst) to 99 (best). Here are its ratings, as of the end of March, for the nation's largest bank holding companies and thrifts compared with others in their peer group.

Institution Rating
Citigroup 1
Bank of America 17
JPMorgan Chase 38
Wachovia 6
Wells Fargo 48
MetLife 28
Washington Mutual* 7
U.S. Bancorp 80
Bank of New York Mellon 71
SunTrust 22

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