Share Tips » Global Banking Brands http://www.share-tips.org/blog Mon, 22 Feb 2010 14:14:21 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Top 10 Global Banking Brands for 2010 http://www.share-tips.org/blog/global-banking-brands/top-10-global-banking-brands-for-2010/ http://www.share-tips.org/blog/global-banking-brands/top-10-global-banking-brands-for-2010/#comments Wed, 17 Feb 2010 05:57:35 +0000 Admin http://share-tips.org/blog/?p=18 Glancing at the performance rankings of the nation’s largest 150 banks this year, it’s not hard to spot trouble. Nearly half of the banks lost money over a 12-month period , a cruel reminder that many financial institutions are still paying dearly for the shaky underwriting conducted during the credit bubble earlier this decade.

If we give a look at the top banks it tells a different story. Despite the upheaval of bank balance sheets across America, there are many financial institutions still going strong, especially ones that lend money to low-risk borrowers, keep a lid on expenses, and dominate local market share.

Once again, plain vanilla banking have been on the top over the growth-at-any-cost mentality, according to the annual Bank Performance Scorecard. Based on measurement criteria and analysis complied by Sandler O’Neill & Partners LP, a New York-based investment banking firm that specializes in the financial services industry, the Scorecard usually includes repeat performers that generate high ranks in boom times and bust.

Top 10 Global Banking Brands for 2010 listed in ascending order:

  • HSBC (HBC)
  • Bank of America (BAC)v
  • Santander (STD)
  • Wells Fargo (WFC)
  • Citi (C)
  • BNP Paribas (OTC: BNPQY)
  • Goldman Sachs (GS)
  • Chase (JPM)
  • Banco Bradesco (BBD)
  • Barclays (BCS)
    • ]]>     http://www.share-tips.org/blog/global-banking-brands/top-10-global-banking-brands-for-2010/feed/ 6