Bloomberg: World's Strongest Bank in Singapore

Bloomberg released a list of the strongest banks in the world.  It reports that the strongest bank is in Singapore.  As indicated in the list below, Canada dominates with five out of the top twenty banks. 

Hooray for Singapore!  Looking forward to learning more about this country's banking system when I give a quantitative investment workshop there in October.

1. Oversea-Chinese Banking (Singapore)

2. Svenska Handelsbanken (Sweden)

3. National Bank of Canada

4. Canadian Imperial Bank of Commerce

5. DBS Group Holdings (Singapore)

6. United Overseas Bank (Singapore)

7. Fifth Third Bancorp (U.S.)

8. Banco Bradesco (Brazil)

9. UBS (Switzerland)

10. BOC Hong Kong (HOLDINGS)

11. BANCO Santander Brasil

12. Toronto-Dominion Bank (Canada)

13. Credit Suisse Group (Switzerland)

14. JPMorgan Chase (U.S.)

15. Standard Chartered (U.K.)

16. Citigroup (U.S.)

17. Royal Bank of Canada

18. Hang Seng Bank (Hong Kong)

19. Bank of Montreal (Canada)

20. Sberbank (Russia)