Top 1000 World Banks Ranking

The Banker Magazine has published the rankings of Top 1000 World Banks for 2010, which are based on the definition of Tier 1 capital as set out by Basel’s Bank for International Settlements (BIS).

Bank of America Corporation topped the list of 1000 banks in the world, moving up a place from 2nd in 2009 to 1st in 2010, while JP Morgan Chase & Co dropped a place to 2nd globally. BNP Paribas made a