Strongest Banks in the World

J.P. Morgan took the top spot in The Banker's annual Top 1000 World Banks list of the strongest global banks, moving up from fourth position a year earlier. The 39th edition of the ranking, published in the July issue of The Banker, charts the world's banks according to Tier 1 capital, the most relevant measurement of bank strength.

BNP Paribas is a European leader in global banking and financial services and one of the six strongest banks in the world (Rated AA by Standard & Poor's i.e. 3rd rating on a scale of 22). The Group has one of the largest international networks with operations in Europe, North America and Asia. BNP Paribas has key positions in its three core businesses: Retail banking, Corporate & Investment Banking, Investment Solutions. The bank is ranked 11th of the world leading companies, 1st among French enterprises, 7th in the global banking sector and 2nd bank in the euro zone (Global 2000 Forbes 2010).

HSBC is one of the largest banking and financial services organizations in the world, with international network across Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. According to Bloomberg, HSBC is one of world’s strongest banks by some measures. HSBC Bank International has won numerous awards, some of which include: Best Survey or Research Study- Global (The Expatriate Management and Mobility Awards 2010), Best International Bank (Investment International Offshore Finance Awards 2008), Best Consumer Internet Bank -Global (Global Finance Awards 2010), etc.

* Next: World's Most Profitable Banks
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