Bank assets as a % of GDP

No single American bank has total assets equal to 25% of American GDP.

RBS = 126% UK

Deutsche Bank = 86% Gremany

BNP Paribus = 104% France

UBS = 484% Switerland

ING = 290 % Netherlands

Unicredit = 89% Italy

Santander = 132% Spain

Fortis = 254% Belgium

Erste Bank = 85% Austria

Bank of Ireland = 102% Ireland

 

Unless it's recently changed, no American bank has 15% of the US GDP amount in total assets.

 

1) That may not be a completely "transparent" comparison.
2) What are JPM's assets as a percentage of the GDP of New York state? :eek:
3) What about BAC in California or North Carolina?

 

Thanks for the reply. Frankly I wasn't sure what to make out of the info but I did check out the numbers for the heck of it.


J.P. Morgan Chase & Co. (assets) $2,135,796,000

New York (GSP) 1,093,219


Bank of America Corporation (assets) $2,340,667,014

California (GSP) 1,891,363

http://en.wikipedia.org/wiki/List_of_U.S._states_by_GDP_(nominal)

http://www.infoplease.com/ipa/A0763206.html

 

Bank Interest Rates influence the Bank Assets

 

1) Neato beano ratios!
2) To compare the United States of America to the Divided Countries of Europe would have been "off the mark". :eek: