According to Global Finance survey of the World’s 50 Safest Bank in 2012, American banks are really not safe at all, at least compared to other countries. Not a single U.S. bank figured in the top 20. Almost forty percent of these banks were European; including Credit Agricole in France and Banco Santander in Spain.
Global Finance has been compiling a list of the World’s 50 Safest Banks for the past 21 years . Rankings are determined by long-term credit ratings and analysis of total assets owned by the 500 largest banks in the world.
1 Top-10 World's Safest Banks in 2012:
1. KfW - (Germany)2. Bank Nederlandse Gemeenten (BNG) - (Netherlands)3. Zürcher Kantonalbank - (Switzerland)4. Landwirtschaftliche Rentenbank - (Germany)5. Caisse des Dépôts et Consignations (CDC) - (France)Tie* 6. Landeskreditbank Baden-Württemberg Förderbank (L-Bank) - (Germany)Tie* 6. Nederlandse Waterschapsbank - (Netherlands)7. Banque et Caisse d’Épargne de l’État - (Luxembourg)8. Rabobank Group - (Netherlands)9. NRW.Bank - (Germany)10. Royal Bank of Canada (RBC) - (Canada)11. Toronto-Dominion Bank (TD Bank) - (Canada)Tie* 12. National Australia Bank - (Australia)Tie* 12. Commonwealth Bank of Australia - (Australia)13. Westpac Banking Corporation - (Australia)14. Scotiabank (Bank of Nova Scotia) - (Canada)15. DBS Bank - (Singapore)16. Oversea-Chinese Banking Corporation - (Singapore)17. United Overseas Bank - (Singapore)18. Caisse centrale Desjardins - (Canada)19. HSBC Holdings - (United Kingdom)20. Nordea Bank - (Sweden)
[See complete list on Global Finance]