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Wednesday, June 24, 2009

The world's "strongest" banks

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.