HSBC (#19 Worldwide)
Banking Industry
as of 3/09
Size of Banking
Industry: 7,329 billion
euros
Key interest rate: 1%
Number of commercial
banks: 188
Other Banks in
Top 50
Nationwide Building
Society
One of the largest
banking systems in the
world, the UK only
manages to get 2 out of
the country’s 188
commercial banks on the
top 50 list. Ranked 19th
on the list, HSBC with a
market cap of $68
billion is the country’s
largest bank, but has
also had its share of
problems in early March,
announcing that it will
sell shares to raise
approximately 12.5
billion pounds,
according to Bloomberg.
Source: CNBC Europe,
Bank of England
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