Wednesday 29 December 2010

The Loss-Making Banks: Who are They?

There are some big banks in the UK...some very big banks. The ten largest banks have over £7 trillion in assets. Compare this to the ten smallest banks - they have around £263 million in assets. Three of the ten largest banks are loss-making and...three of the ten smallest banks are loss-making. The financial problems of the UK banks have affected banks of all sizes, although most banks are still profitable. The smallest (loss-making) bank is Southsea Mortgage and Investment Co Ltd although, measured by Return on Assets, its loss is not too bad with a negative Return of 0.10%. Compare this to Liverpool Victoria Banking Servicers Ltd with a negative Return of 28.30% and a loss that puts it in the top 15 of loss-making banks.

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