{"id":24141,"date":"2020-01-03T12:00:12","date_gmt":"2020-01-03T12:00:12","guid":{"rendered":"https:\/\/www.ceo-na.com\/?p=24141"},"modified":"2020-01-03T18:22:06","modified_gmt":"2020-01-03T18:22:06","slug":"the-most-powerful-banks-in-the-world","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/business\/industry\/the-most-powerful-banks-in-the-world\/","title":{"rendered":"The most powerful banks in the world"},"content":{"rendered":"
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75 of the world\u2019s largest 100 banks by market cap posted a rise in their share price in 2019.<\/p>\n

<\/p>\n

So by the crude measure of share price performance, 2019 goes down as a strong year for the banking sector, and in particular, an outstanding year for shareholders in the largest US banks.<\/p>\n

Citigroup leads the way among major US lenders with its share price ahead by 41.8% for the year to date. But the world\u2019s largest two banks by value, JPMorgan Chase and Bank of America, also enjoyed a stellar 2019. Both Chase and Bank of America share prices are ahead by more than 33%.<\/p>\n

Moreover, shareholders at US super-regional banks including US Bank (+28.6%), PNC (+28.9%) and BB&T (+44.7%) have enjoyed outstanding years.<\/p>\n

Canada\u2019s big six: all post share price gains<\/b><\/h1>\n

Elsewhere in North America, the major Canadian lenders are again in positive territory.<\/p>\n

RBC (+11.8%) and Bank of Montreal (11.6%) enjoyed double digit increases with Scotiabank ahead by 9.2%.<\/p>\n

Arguably, National Bank of Canada, the smallest of the big six Canadian lenders merits a special mention. For the first time, NBC ranks in the world\u2019s largest 100 banks by value, with its share price +29.4%.<\/p>\n

The top 100: new entrants<\/b><\/h1>\n

The world\u2019s largest 100 banks by value contains a number of notable new names.<\/p>\n

For example, exactly one year ago, Emirates NBD ranked as the 117th largest bank by market cap. Today, it ranks 91st with its share price ahead by +40% for the year to date.<\/p>\n

US regional lender Keycorp also features in the top 100, up 22.3% YTD while Synchrony tops all of its regional peers, up 56.4%.<\/p>\n

The top 100: notable names missing<\/b><\/h1>\n

One year ago, Deutsche Bank limped into the top 100 in 99th place. Deutsche shareholders have endured another frustrating year, its share price down by 9.4% for a market cap of $14.9bn.<\/p>\n

Deutsche now languishes as the 120th largest bank by value.<\/p>\n

Elsewhere in Europe, notably in Scandinavia, there is much red ink. Swedbank (-37.6% for a market cap of $14.8bn) and Danske (-27.1% for a market cap of $12.2bn) have endured years to forget.<\/p>\n

By contrast, European banks to note outside the top 100 include Hungary\u2019s OTP. Its share price is up by 27.9% for a market cap of $14.1bn.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

75 of the world\u2019s largest 100 banks by market cap […]<\/p>\n","protected":false},"author":23,"featured_media":24140,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[3061,3063,2750,99,1385,3060,352,3059,3062],"class_list":["post-24141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-bank-of-america","tag-bank-of-montreal","tag-banks","tag-ceo","tag-ceo-northam","tag-citigroup","tag-jpmorgan","tag-powerful-banks","tag-rbc"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/24141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=24141"}],"version-history":[{"count":2,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/24141\/revisions"}],"predecessor-version":[{"id":24148,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/24141\/revisions\/24148"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/24140"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=24141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=24141"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=24141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}