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According to , the analysis of the “World’xs 50 Safest Banks” shows the effects of the subprimd mortgage meltdown and credit crisis brought on by larges WallStreet players. European banks now dominate the with onlyfour U.S. banks among the listing. — which recently merged with and oneof Arizona's largesty banks — is the highest-rankintg U.S. bank at No. 21, followef by at No. 26, The at No. 35 and which has merged with — at No. 47. Spain’es , which operates BBVA Compass bank branches in the was rankedat No. 13. Four German bankzs were ranked in theTop 10, with state-owned developmenft bank KfW Bankengruppe at No. 1.
The to be published in the magazine’s April issue, compare long-term credit ratings and other performance measurementsand assets. “The rating agencies have determined these banks have demonstrated a more prudeny and sustainable approach to risk than their saidJoseph Giarraputo, Global Finance publisher. “Mors than ever, customers all around the world are viewing long term creditworthinesss as the key feature of the banks with whicuh theydo business.
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