Top Bank holding companies in US by total domestic deposits

The biggest domestic deposit banks on June 30, 2008 as per the data published by FDIC were:

Bank Name	Deposits (Jun 2008) billion $
BoA Corp	701.5
JP Morgan Chase	497.2
Wachovia	422.0
Wells Fargo	293.4
Citigroup	271.3
US Bancorp	127.8
Suntrust Bank	115.6
National City Corp	97.8
RBS	95.3
Toronto-Dominion Bank	89.8

Of these the last two were foreign banks. In all there were 12 foreign banks in the top 50 list.

	Bank Name	Deposits (Jun 2008) billion $
1	RBS Group	95.3
2	Toronto-Dominion Bank	89.8
3	HSBC Holdings	83.0
4	Banco Santander	53.8
5	BNP Paribas	43.9
6	Mitsubishi UFJ	42.0
7	BBVA	39.4
8	Allied Irish Bank	36.5
9	Bank of Montreal	29.1
10	UBS	24.4
11	Royal Bank of Canada	17.8
12 Source:	Deutsche Bank FDIC	15.2

Financial institutions with highest revenues in world

Once again from the Forbes 2000 list(published on 8th April 2009), the biggest turnover companies in the Financial services domain are as follows:

	Company	Industry	Sales ($bil)
1	ING Group	Insurance	213.99
2	Fortis	Diversified Fin.	164.37
3	AXA Group	Insurance	156.95
4	HSBC Holdings	Banking	142.05
5	Allianz	Insurance	127.24
6	Deutsche Bank	Diversified Fin.	124.78
7	Generali Group	Insurance	118.39
8	Bank of America	Banking	113.11
9	BNP Paribas	Banking	107.96
10	Berkshire Hathaway	Diversified Fin.	107.79
11	Crédit Agricole	Banking	107.75
12	Citigroup	Banking	106.66
13	JPMorgan Chase	Banking	101.49
14	Société Générale	Banking	99.25

While the world's top three companies Royal Dutch Shell, ExxonMobil, and Wal-Mart have annual sales more than 400 billion dollars, the biggest financial institution, insurance major - ING Group generates about half the revenues. In the banking sector this is even lower with the biggest being HSBC holdings at 142 billion dollars.
For the complete list of 2000 companies, please visit Forbes.

World's top 6 safest banks are still the safest!!

The financial crisis has taken a toll on major banks leaving many top notch banks like America's Citibank, UK's Barclays etc. in never before situation. However, the top 6 safest bank as published by Global Finance Magazine has remained the same during this crisis. Have a look at the top 6 safest banks their ranks in the period 2004-2009.

2009	2008	2006	2004	Bank	Country
1		4	3	KfW Group	Germany
2	1	1	1	Caisse des Dépôts et Consignations	France
3	2	2	5	Bank Nederlandse Gemeenten	Netherlands
4	3	5	6	Landwirtschaftliche Rentenbank	Germany
5	4	3	7	Rabobank	Netherlands
6	5	6	2	Landeskreditbank Baden-Wuerttemberg - Foerderbank	Germany

Global Finance ranks the banks on the basis of their credit rating as provided by the rating agencies Fitch, Moody's, and S&P. These banks have the highest credit rating of AAA from Fitch & S&P, and Aaa from Moody's. The rating corresponds to the maximum credit worthiness and has lowest risk of default.

The size of the balance sheet of these safest banks is however not of the order of the biggest banks like RBS, Deutsche bank, etc.

Bank	Total Assets billion USD
KfW Group	521
Caisse des Dépôts et Consignations	289
Bank Nederlandse Gemeenten	136
Landwirtschaftliche Rentenbank	131
Rabobank	840
Landeskreditbank Baden-Wuerttemberg - Foerderbank	87

A comparison with the biggest banks:

Bank	Total Assets billion USD
Royal Bank of Scotland Group	3,807
Deutsche Bank Group	2,974
BNP Paribas	2,494
Barclays	2,459
HSBC	2,354

The asset data is as on Dec 31, 2007.
Source: Global Finance