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SURPRISING STABILITY
It is either comforting or surprising, then, that the Tier 1 capital ranking itself shows little change in composition and positive growth in terms of aggregate levels. With so many banks requiring government help to shore up their capital base and many banks being forced to sell assets, some pundits (and banks) suspected that this year might see a seismic shift among the top ranks of the capital listing.
Not so. Aside from three new entrants (Goldman Sachs at 13, Morgan Stanley at 17 and Agricultural Bank of China, in at 24 from 71) the Top 25 is composed of much the same institutions as last year, dominated by Western banks with a sprinkling of Japanese and Chinese players. The same US and UK banks have jockeyed for the top five slots: JPMorgan takes pole position, followed by Bank of America, Citigroup, Royal Bank of Scotland and HSBC (see table, Top 25 by Tier 1 capital.)
http://www.thebanker.com/news/fullst...anks_2009.html
It is either comforting or surprising, then, that the Tier 1 capital ranking itself shows little change in composition and positive growth in terms of aggregate levels. With so many banks requiring government help to shore up their capital base and many banks being forced to sell assets, some pundits (and banks) suspected that this year might see a seismic shift among the top ranks of the capital listing.
Not so. Aside from three new entrants (Goldman Sachs at 13, Morgan Stanley at 17 and Agricultural Bank of China, in at 24 from 71) the Top 25 is composed of much the same institutions as last year, dominated by Western banks with a sprinkling of Japanese and Chinese players. The same US and UK banks have jockeyed for the top five slots: JPMorgan takes pole position, followed by Bank of America, Citigroup, Royal Bank of Scotland and HSBC (see table, Top 25 by Tier 1 capital.)
http://www.thebanker.com/news/fullst...anks_2009.html