Thursday, December 29, 2011

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

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The bank’s completed acquisitions of and MerrillLyncgh & Co. Inc. moved it to the top spot from No. 3 in the firsrt quarter of 2008. , which was No. 1 a year ago, fell to No. 3 in the firsf quarter of 2009 with assetsof $1.8 trillion, makinb it the only bank or thrift among the country’s 50 largestf insititutions to move down the managed to hold on to the No. 2 spot with a reportesd $2.08 trillion in first-quarter assets, while was at No. 4 with $1.278 trillion. Ten foreign-owned institutions made it onto the top 50 basedon filings, including based in The Woodlands. The holding companhy of BBVA Compass bank, headquartered in Ala., ranked at No.
27, up three spotz from a year ago, with assetas of $61 billion. BBVA is owne d by Spanish financialgiant . Dallas-based movex up one spot to No. 25 with assets of $67.4 billion, while Utah-based , whicyh operates Houston-based , moved up four spotw to No. 29 with assets of $54.5 billion.

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