RBS – Royal Bank of Scotland is selling out in Pak

[fouadabid]

this bubble chart was the best illustration of pre n post crisis MVs when it was first circulated by JP Morgan to its clients last year!

[wik_a]

@Toofan

@mani1 is right. Market Cap is one of the factors on which it may be determined that which company is bigger. Its just like revenue. But the value of the company is determined by using various financial models as said by mani1.

[ToofaneBatameezi]

The banks market price(or price of any entity for that matter) is not determined on the basis of market capitalization but on the basis of equity valuation. In this case equity valuation would also need to be adjusted for poor asset quality and negative goodwill.

Wik_a:

Market Cap is one of the factors on which it may be determined that which company is bigger.

Toofan: :s

[wik_a]

@Toofan

In investment community the size of a company is determined by using Market cap instead of sales/total assets. Market cap is merely numbers of share outstanding x current market price of share.

What @mani1 said is that the "Market Price (or per share price)" of a company is not determined by using market cap. Its calculated using various financial models (equity valuation etc).

[ToofaneBatameezi]

True that -

Never said that Mani1 is not right; Just told that "HSBC holdings" is no.1 company but its Bank which falls into the hands of HSBC holdings is not no.1 - Now I dont know how Forbes has valued HSBC Bank...But its ranked as # 5!!

[uzi602]

nice info

[wik_a]

Now I dont know how Forbes has valued HSBC Bank...But its ranked as # 5!!

Frobes said it at the bottom:

"The Forbes Global 2000 is a comprehensive list of the world's biggest and most powerful companies, as measured by a composite ranking for sales, profits, assets, and market value. All figures are in U.S. dollars and are latest available. Market value is as of Feb.28. E:Estimate. NA: Not available.
Sources: Exshare; FT Interactive Data, LionShares, Reuters Fundamentals, Thomson IBES and Worldscope via FactSet Research Systems; Bloomberg Financial Markets; Forbes."

[ToofaneBatameezi]

Yup, Thnx for verifying my evidence!!

[mani1]

@Toofan

I never knew what your earlier post mean unless you said that(in the last post) that HSBC is not the worlds biggest bank. PLease note that the forbes link you mentioned points to 2006 rankings.

You can search on google for "The Banker", Euromoney, Brand Finance and even Forbes rankings and you will come to know that HSBC is currently the worlds biggest bank. Moreover the chart you posted is also outdated. I had a similar chart(updated for January 2009) at my office PC. You can also search for it on FT.com

According to market cap, biggest bank is HSBC followed by JPMorgan. If the above mentioned searches still do not satisfy you, then a little common sense would. Citibank has been 'nationalised'. Its share price dropped from $56 to $1.5(last night). Situation of RBS, BoA, UBSm ING, Fortis is in front of everyone. Nearly all have lost their networth due to heavy losses in the derivatives and subprime mortgage crises. On the other hand if you will search for news of HSBC you will come to know that they got out of all this mess in 2007 and predicted that all this crisis would happen therefore they had the minimal losses.

[c123pk]

Until and Unless the Banking is made Interest-Free, working on real profit and loss sharing, the english cycle of Depression / Recession / Prosperity will continue.

[mani1]

http://www.thebanker.com/cp/44/Top%20500%20Table.pdf

Ill also try to find other latest rankings for you.

[ToofaneBatameezi]

I never knew what your earlier post mean unless you said that(in the last post)

I am just trying to learn!! (Y)

If the above mentioned searches still do not satisfy you, then a little common sense would

Calm down your lingo - I firmly agreed with what you said; But its common-sense that you be ready for almost all type of irrelevant question if you try to be a cheeta on a public forum!!
Through my searches HSBC was not no.1 But you did gave me a better IDEA of looking into the rankings; I did not appreciate the way you talked to me ...
Here to prove you the YOU YOUR HIGHNESS WAS CORRECT:
http://www.reuters.com/article/marketsnews/idINN1135444120090211?rpc=33

You see internet is full of BS I can't recognize as everyone's post to be very right unless proved with some reliable source.

[mani1]

Cool Down. I did not mean to insult or humiliate you

[ToofaneBatameezi]

Calm down your lingo

Cool Down.

Keep on sharing...research, updates, insights, vice versa!! (Y)