How the banks have shrunk

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6 Feb 2009

Here is an unsettling picture from Bloomberg which shows how much the market capitalization of the major banks have shrunk in the last two years. (Click the link to view the full image)

How the banks have shrunk

How the banks have shrunk

Citibank and RBS look really bad, falling by almost 92.5% and 96.2%.

Interestingly, among this lot, HSBC has the maximum market cap these days, followed by JP Morgan and Sant ander.

Luckily market cap is not something startups have to worry about!

1 Response to How the banks have shrunk

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Jhangora

March 21st, 2009 at 6:01 pm

I am not at all surprised by this analysis. Citibank is considering doing a reverse split of it’s stocks to make the books look good.

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Gyaan Sutra is about entrepreneurship and technology. It is written and maintained by Sudhanshu Raheja, who is also the founder of Vercingetorix Technologies

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