GTM Solutions: JP Morgan Gets To The Top.

GTM Solutions, JP Morgan is the best-capitalized bank according to Bankers Magazine.

“GTM Solutions” Correspondent reporting from London on the current banking crisis. Royal Bank of Scotland has posted the worst figures out of the main world banks. RBS had suffered worst out of all the lenders this year. RBS’s losses surprised many as it was more than the big banks in the US including CitiGroup and Wells Fargo. Speaking to Bankers Magazine “GTM Solutions” was told that in total profits from around the world banks had dramatically slumped 85 percent down on the previous year of around $780 billion. The magazine also said that the return on equity ad fallen as a consequence. “Equity return before the crisis was around 20 percent now you will be lucky to get 3 percent in today’s climate” Explains “GTM Solutions” analyst. Where RBS had the worst ranking it was JP Morgan that had the best ranking. The rankings are calculated on capital strength. The Bankers Magazine has highlight how hard it has been for the banks scince the collapse of the banking system. However the worst has passed and now with the new regulations coming in soon expect to see more stability in the future.