Broad Oak: your emotional support animal

Saturday, August 29, 2009

HSBC: Britain's safest bank

... at number 18 in the worldwide list. 4 of the top 10 are German; the safest US bank (Bank of New York Mellon Corp) is at #32.

Meanwhile, the Daily Finance is sanguine about the US banking system, reporting the view of several analysts that the total number of failures will merely be in the hundreds, as opposed to Nouriel Roubini's "much too high" 2008 prediction of 1,200.

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