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Global Finance selects the world's safest banks, the 50 institutions with the highest ratings from the leading credit ratings agencies.
Such has been the turmoil in the world's banking industry that Global Finance is publishing a mid-year update of its Safest Banks listing. That this is a period of unprecedented upheaval is amply illustrated by the fact that this list includes 13 newcomers - which means more than onefifth of last year's safest banks have seen their prospects decline enough since mid-2008 to send them tumbling off the list. Among those new to the safest banks list is Finland's Pohjola Bank, which vaulted into 28th place, with an aggregate credit rating score that matches Britain's HSBC, one of the largest banks in the world. Also new to the list - and neck-and-neck in 37th place - are Singapore's OCBC...