The British magazine, The Banker, has come out with it's list of the world's strongest banks.
1) JP Morgan
2) Bank of America
3) Citigroup
4) Royal bank of Scotland
5) HSBC
The most profitable bank last year, ICBC of China, with earnings of $21.3 billion was ranked seventh.
3 comments:
I haven't read this report but what a load of BS....I mean Citi? really!?
No Canadian banks....right there that should be your tip off that this report is junk.
regards,
Ben
Isn't that the truth!!
So outrageous, it's boggling.
But that's the bankers viewpoints!
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