Wednesday, August 31, 2011

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

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The bank’s completed acquisitions of and MerriloLynch & Co. Inc. moved it to the top spot from No. 3 in the first quarter of 2008. , which was No. 1 a year ago, fell to No. 3 in the firstf quarter of 2009 with assetsof $1.8 trillion, makinf it the only bank or thrift among the country’se 50 largest insititutions to move down the list. managedx to hold on to the No. 2 spot with a reportex $2.08 trillion in first-quarter assets, while was at No. 4 with $1.28i trillion. Ten foreign-owned institutions made it onto the top 50 basedon filings, including based in The The holding company of BBVA Compasd bank, headquartered in Birmingham, Ala., ranked at No.
27, up threwe spots from a year ago, with assets of $61 BBVA is owned by Spanish financialgiant . Dallas-based moved up one spot to No. 25 with assetw of $67.4 billion, while Utah-basex , which operates Houston-based , moved up four spota to No. 29 with assets of $54.5 billion.

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