Category: Credit


Derivatives: The Unregulated Global Casino for Banks

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J.P. Morgan Chase CEO Jamie Dimon
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ABC News Photo Illustration
Apr 15, 2009 05:01 PM

List of Top Banks in the World by Bankersalmanac.com

These World and Country Rankings offer an excellent indicator of how financial institutions are performing in the industry. Below you can see the top 10 banks, top 50 banks and best banks ranked on total assets in US Dollars. If you are not already a subscriber to Bankersalmanac.com, you can access a full listing of the world’s top banks (over 3000 banks) if you register for a trial.

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CurrentRank PreviousRank BANK AssetsUS$m + or -(local curr) CapitalUS$m BalanceSheet
1 (1) BNP Paribas SA , Paris , France *2,675,627 -2.89% 34,428.23 31.12.10
2 (2) Deutsche Bank AG , Frankfurt am Main , Germany *2,551,727 +26.99% 3,186.93 31.12.10
3 (3) Barclays Bank PLC , London , UK *2,326,004 +8.06% 22,625.66 31.12.10
4 (4) JAPAN POST BANK Co Ltd , Tokyo , Japan 2,320,244 -0.63% 41,980.52 31.03.11
5 (5) Crédit Agricole SA , Paris , France *2,133,810 +2.32% 9,647.83 31.12.10
6 (6) Industrial & Commercial Bank of China Limited , Beijing , China *2,043,861 +14.20% 53,002.93 31.12.10
7 (7) The Royal Bank of Scotland plc , Edinburgh , UK *2,040,790 -22.94% 10,316.89 31.12.10
8 (8) The Bank of Tokyo-Mitsubishi UFJ Ltd , Tokyo , Japan 1,840,587 -0.31% 20,533.97 31.03.11
9 (9) China Construction Bank Corporation , Beijing , China *1,641,683 +12.33% 37,967.32 31.12.10
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* Figures are consolidated

CurrentRank PreviousRank BANK AssetsUS$m + or -(local curr) CapitalUS$m BalanceSheet
10 (10) JPMorgan Chase Bank National Association , New York , USA *1,631,621 +0.24% 1,785.00 31.12.10
11 (11) Banco Santander SA , Boadilla del Monte , Spain *1,630,290 +9.63% 5,576.54 31.12.10
12 (12) Sumitomo Mitsui Banking Corporation , Tokyo , Japan *1,591,849 +10.56% 21,242.10 31.03.11
13 (13) Bank of China Limited , Beijing , China *1,588,462 +19.57% 42,391.99 31.12.10
14 (14) Lloyds TSB Bank plc , London , UK *1,574,667 -1.80% 2,457.07 31.12.10
15 (15) Agricultural Bank of China Limited , Beijing , China *1,569,865 +16.38% 49,324.06 31.12.10
16 (16) Société Générale , Paris La Défense , France *1,515,897 +10.59% 1,249.33 31.12.10
17 (17) Bank of America NA , Charlotte , USA *1,482,278 +1.16% 3,020.04 31.12.10
18 (18) UBS AG , Zürich , Switzerland *1,409,574 -1.74% 409.84 31.12.10
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* Figures are consolidated

SEE 20 – 50 MORE BANKS ON LIST CLICK HERE
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MIT professor Yasheng Huang talks about the potential dangers of
China’s shadow banking system (CSBS).

麻省理工教授談中國銀行業潛在的危機。

Globally, a study of the 11 largest national shadow banking systems found that they totalled to $50,000bn in 2007, fell to $47,000bn in 2008 but by late 2011 had climbed to $51,000bn, just over its estimated size before the crisis. Overall, the world wide SBS totalled to about $60 trillion as of late 2012

The shadow banking system is a key component of the U.S. economy, but the financial crisis has frozen it solid. Senior Editor Paddy Hirsch explains what shadow banking is and why it’s important enough to warrant its own bailout, called the Term Asset-Backed Securities Loan Facility, or TALF.

Shadow Banking Explained in Detail

 

NO CHINA BUBBLE OR DOES THE FACTS SAY OTHERWISE?
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U.S. SPENDING PROJECTIONS THRU 2055 AS REVENUE THEN WON’T EVEN COVER DEBT INTEREST COSTS

[Source Peterson Foundation]

WHAT IS DEBT? A HISTORY OF DEBT OVER THE PAST 5,000 YEARS!

GROSS DEBT, AS OF GDP, PER CAPITA STATISTICS FOR THE TOP 20 WORLD’S MOST IN DEBT COUNTRIES

The U.S.A. ranks 20th…

20. United States – External debt (as % of GDP): 101.1%
Gross external debt: $14.825 trillion
2009 GDP (est): $14.66 trillion
External debt per capita: $48,258

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[Picture Via: Source]

5. John Paulson: Paulson & Co. $30 billion under management.

4. Bill Ackman: Pershing Square Capital Management oversees about $9 billion.

3. Mark Spitznagel: Universa Investments

2. David Einhorn: Greenlight Capital

1. Jim Chanos: Kynikos Associates


SOURCE: 5 hedge-fund managers to watch in 2012

Guest host Betty Liu of Bloomberg Television, Nouriel Roubini of New York University and Richard McGregor of the Financial Times on the China currency debate.

. . . .

“Nouriel Roubini says that the unemployment problems of America are not to be blamed on the trade or on China : …the unemployment rate is nine percent including discouraged workers and partially employed workers 16.5 percent including people in jail is 20 percent among young and minorities it is close to thirty percent , half of the unemployed are long term unemployed , but a very little fraction of this problem has to do with China and exchange rate it has to do with the policy that led to the house boom and the housing bust about the fact that we are not invested in productivity and long term economic growth , so blame it on the Chinese does not make sense , of course in a situation where you have high unemployment rates you have social and political malaise people blame globalization people blame trade people blame China but the fundamental problems of the US are much deeper much structured” [Via: nourielroubini.blogspot.com]