So there you have it. Big banks = Bailed out. Small banks = Not bailed out.
"Southsea" was the smallest capitalised bank of all the UK incorporated banks at just £2.5 million as at 31st March 2009. However its capital / assets ratio (22.10%) put it in the top 40 of the UK's 154 banks, likewise its gearing (3.52:1).
What are the lessons for the future? If you have more than £85,000 on deposit, split it up between the 154 banks. And if you have more than £13 million (154 x £85,000)? Buy some gold.
Bank League Tables 2011 / 12 will be out at the end of the month.
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