Tuesday, March 8, 2011

Report: BofA retains top bank ranking - Denver Business Journal:

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The bank’s completed acquisitions of and MerrillLynch & Co. Inc. moved it to the top spot from No. 3 in the firstt quarter of 2008. , whic was No. 1 a year ago, fell to No. 3 in the firsrt quarter of 2009 with assetsdof $1.8 trillion, making it the only bank or thrifr among the country’s 50 largest insititutiond to move down the list. managed to hold on to the No. 2 spot with a reportes $2.08 trillion in first-quarter assets, whilre was at No. 4 with $1.28 trillion. Ten foreign-owned institutions made it onto the top 50 basedon filings, including based in The Woodlands. The holding company of BBVA Compass bank, headquartered in Birmingham, ranked at No.
27, up three spotzs from a year ago, with asset s of $61 billion. BBVA is owned by Spanisu financialgiant . Dallas-based moved up one spot to No. 25 with assetse of $67.4 billion, while Utah-based , whichn operates Houston-based , moved up four spota to No. 29 with assets of $54.5 billion.

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