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Bloomberg: The World’s 10 Strongest Banks

Banks that failed Federal Reserve stress tests excluded from list

To identify the strongest global banks, Bloomberg examined 78 banks around the world with assets in excess of $100 billion.

Any bank that failed the Federal Reserve’s most recent stress test was not considered for the list.

Why You Should be Bullish on Banks, Tech and Consumer Stocks Now
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Banks were then heavily weighted on their Tier 1 capital ratios, which measure an organization’s capital relative to risk-assessed assets.

Other metrics examined included the banks’ balance of non-performing assets, deposits, funding, costs and revenues. Each metric accounted for a portion of the banks overall score. Banks were ranked based on their overall scores.

Here are the top 10 strongest banks in the world, according to Bloomberg:

  1. Overseas-Chinese Banking
  2. BOC Hong Kong Holdings (PNIK:BNKHF)
  3. Canadian Imperial Bank of Commerce (NYSE:CM)
  4. Toronto-Dominion Bank (NYSE:TD)
  5. National Bank of Canada (PINK:NTIOF)
  6. Royal Bank of Canada (NYSE:RY)
  7. United Overseas Bank (PINK:UOVEY)
  8. DBS Group Holdings (PINK:DBSDY)
  9. Hang Seng Bank
  10. Svenska Handelsbanken (PINK:SVNLY)

For Bloomberg’s complete list of the world’s strongest banks, please click here.


Article printed from InvestorPlace Media, https://investorplace.com/2012/05/bloomberg-the-worlds-10-strongest-banks/.

©2020 InvestorPlace Media, LLC