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Foreign Companies Ranked by Deposits of Their U.S. Banks

Foreign Companies Ranked by Deposits of Their U.S. Banks On March 31, 2009. Dollars in thousandsPublished September 17, 2009 RankForeign holding companyLargest or sole U.S. bankDeposits of U.S. banks March 31Year earlierChange 1 HSBC Holdings PLC London HSBC North America Holdings Inc. Mettawa, Ill. $153,580,349 $168,111,469 -8.6% 2 Toronto-Dominion Bank...

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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover
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