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

Top 10 Hedge fund management firms by assets under management

Bridgewater Associates	1
JPMorgan	2
Paulson & Co.	3
D. E. Shaw	4
Brevan Howard	5
Och-Ziff Capital Management	6
Man AHL	7
Soros Fund Management	8
Goldman Sachs	9
Renaissance Technologies	10

Hedge Fund Industry size falls sharply in last one year

From a peak of 1.93 trillion dollars in mid of 2008, the hedge fund industry size is reduced to merely 1.33 trillion dollars owing to the credit crunch and macro-economic situation.

The 'Funds of funds' industry has also come down sharply from 825 billion dollars in mid 2008 to 525 billion dollars at the end of first quarter of 2009.

The fall in assets size is partly due to trading losses and partly due to investors pulling out money from these funds.

These are the data from Hedge Fund Research (HFR) as available on in the publicly available news articles across the internet. Due to the ambiguity of the breadth of the hedge fund and the voluntary nature of data disclosure these may be different from those published by other research firms.

Top 10 global financial centres

As of March 2009, the following is the ranking of the top financial centres of the world as published by GFCI (Global Financial Centres Index):

The GFCI is published by City of London Corporation every March. The full report by GFCI can be found at ZYEN.

	Rank	GFCI rating
London	1	781
New York	2	768
Singapore	3	687
Hong Kong	4	684
Zurich	5	659
Geneva	6	638
Chicago	7	638
Frankfurt	8	633
Boston	9	618
Dublin	10	618

London, the financial hub of the world, has been at the helm since long time. London, also the banking centre of the world, has headquarters of more than 100 of European's 500 biggest companies.