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Showing posts with label Bank Holding Companies. Show all posts
Showing posts with label Bank Holding Companies. Show all posts

May 10, 2009

Results of Stress tests - who sailed through and who needs more capital

The results of the SCAP were out on 7th May 2009 and the 19 Bank Holding Companies will require an additional 74.6 billion dollars to make the financial system sail through without collapse if the economic situation worsens.
Here's the summary of results:
Bank Additional capital needed
(billion dollars)
AmEx 0
BofA 33.9
BB&T 0
BNYM 0
CapOne 0
Citi 5.5
FifthThird 1.1
GMAC 11.5
Goldman Sachs 0
JPMC 0
KeyCorp 1.8
MetLife 0
Morgan Stanley 1.8
PNC 0.6
Regions 2.5
State Street 0
SunTrust 2.2
US Bancorp 0
Wells Fargo 13.7
Total 74.6

May 5, 2009

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