The Banker’s 2010 Top 1000 World Banks ranking reveals that the global banking industry is returning to health. The efforts of many western banks to deleverage and rebuild their capital base is reflected in a 15% increase in the Top 1000’s aggregate Tier 1 capital to $4915bn and a decrease in total assets of 0.9% to $95,532bn.
The ranking is led by Bank of America Merrill Lynch, which received massive government aid less than two years ago but has since absorbed its Merrill acquisition and strengthened its capital.
