The World’s 50 Safest Banks

I was a bit surprised to find any U.S. banks on Global Finance magazine’s list of the 50 safest banks in the world.

Wells Fargo was the highest U.S. bank at number 21, followed by U.S. Bank at 26, the Bank of New York Mellon at 35, and JPMorgan Chase at 47.

Top spot went to KfW in Germany. Overall, both France and Germany had six banks on the list. Spain had an impressive five; the United Kingdom proved more mundane with three. Canada can boast of five on the list, and Australia of four.

Global Finance has been publishing the list for 17 years, but the one just released a week ago and quoted here was a mid-year update spurred by the global financial turmoil.

I’d be interested in seeing who’s still standing on this list come next January.

NOTE: The details in this blog are provided for informational purposes only. All answers are general in nature and do not constitute legal advice. If legal advice or other expert assistance is required, the services of a competent professional should be sought. The author specifically disclaims any and all liability arising directly or indirectly from the reliance on or use of this blog.
You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Your email address will not be published. Required fields are marked *

* Copy This Password *

* Type Or Paste Password Here *

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Comments (required)*