CFO Magazine

Basel Faulty?

The Basel Banks? Banking regulators haven't specified which U.S. banks and thrifts, or even how many, must comply with Basel II. Their guidelines suggest that roughly the first nine institutions on this list must comply, while the rest are likely to adopt it voluntarily.
Bank	Assets (in thousands)
1 Citigroup	$1,547,789,000
2 Bank of America	1,251,037,147
3 JPMorgan Chase	1,171,283,000
4 Wachovia	511,840,000
5 Wells Fargo	434,981,000
6 HSBC North America Holdings	372,555,243
7 Taunus (Deutsche Bank)	366,293,000
8 Washington Mutual	333,742,732
9 U.S. Bancorp	203,981,000
10 Suntrust Banks	168,952,575
11 Countrywide Financial	158,617,821
12 Citizens Financial Group	148,491,012
13 ABN AMRO North America Holding	145,024,570
14 National City	143,975,359
15 Golden West Financial	112,587,849
16 BB&T	105,835,324
17 State Street	104,275,118
18 Fifth Third Bancorp	103,159,676
19 Bank Of New York	103,110,000
20 Keycorp	91,010,081
Source: Federal Reserve, SNL Financial. Thrift data as of March; bank holding company data as of June 30.