12 Best Rated Banks In The World

4. HSBC Holdings

HSBC Holdings P.L.C. is a British financial service company which was found in 1865 and is headquartered in London. Today the company has operations in 85 countries which include Africa, Asia, Europe, North America and South America. HSBC has 7, 200 banks across the world serving 89 million customers worldwide.

In 2008, the asset value of the bank was $2,348.98 billion and was ranked 2nd in terms of revenue which was $146.50 billion, but now the asset value of the company is $2,692,538.00.

The banker magazine has ranked HSBC in the 4th position in terms of tier 1 capital which is $151,048.00.

5. Citigroup

The company was founded in 1812 and has it’s headquarter in New York City. The bank is considered to be one of the world’s largest financial institutions which have twigs across 140 countries.

In 2012, the bank took the decision of expanding their Indian consumer-banking operations by raising its credit card business and also to add one million middle class customers.

It has capital of $136,532.00 in the Tier 1 with the asset worth of $1,864,660.00.

Also Read:

5 Reasons Why You Should Not Buy Diamonds

Incorrect Tax Withholding Most Frequent Payroll Error: E&Y