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Citibank Rated Strongest Bank in US by Bloomberg

Citibank Rated Strongest Bank in US by Bloomberg

by May 22, 2013 at 12:28 pm 13 comments

Financial data company Bloomberg ranked the banks in the US, and Citigroup came out on top. The bank also finished 9th in the world, while the top spot worldwide went to Qatar National Bank. Ratings for strongest US bank were based on five criteria: Tier 1 Capital to Risk-Weighted Assets Ratio, Nonperforming Assets, Loan LossRead More