Foreign Holding Companies That Majority-Own U.S. Banks

June 02, 2005, 10:08 a.m. EDT 1 Min Read

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Foreign Holding Companies That Majority-Own U.S. Banks
Ranked by assets of those banks on Dec. 31, 2004. Dollars in thousands Published June 2, 2005
Rank	Foreign holding company	Assets of U.S. Bank(s)			Sole or largest U.S. bank	Stake
Rank	Foreign holding company	Dec. 31, 2004	Year earlier	Change	Sole or largest U.S. bank	Stake
1	HSBC Holdings PLC* London	$140,210,571	$97,757,126	43.43%	HSBC Bank USA Buffalo	100%
2	Royal Bank of Scotland Group* Edinburgh	137,159,399	120,387,801	13.93	Citizens Bank Providence, R.I.	100
3	ABN Amro* Amsterdam	102,863,282	106,928,962	-3.80	LaSalle Bank Chicago	100
4	Mitsubishi Tokyo Financial Group*	53,808,367	47,644,551	12.94	UnionBanCal San Francisco	62
5	BNP Paribas* Paris	49,375,674	39,233,786	25.85	Bank of the West San Francisco	100
6	Bank of Montreal*	35,222,928	32,902,776	7.05	Harris Bank Chicago	100
7	Deutsche Bank* Frankfurt	34,038,701	34,767,792	-2.10	Deutsche Bank New York	100
8	Royal Bank of Canada* Montreal	18,394,820	19,105,434	-3.72	RBC Centura Bank Rocky Mount, N.C.	99
9	UBS AG Zurich	17,561,547	11,212,871	56.62	UBS Bank USA Salt Lake City	64
10	Toronto-Dominion Bank	11,519,160	7,467,332	54.26	TD Banknorth Portland, Maine	51
11	Israel Discount Bank Ltd. Tel-Aviv	8,404,541	7,706,880	9.05	Israel Discount Bank of New York	100
12	Banco Santander SA Santander, Spain	8,242,397	7,284,382	13.15	Banco Santander Puerto Rico Hato Rey	60
13	Bank Leumi le-Israel BM Tel-Aviv	5,702,174	5,348,346	6.62	Bank Leumi USA New York	97
14	Banco Bilbao Vizcaya Argenta Bilbao, Spain	5,541,779	5,237,310	5.81	Banco Bilbao Vizcaya Argenta San Juan, Puerto Rico	100
15	SNBNY Holdings Ltd. Gibraltar	4,116,795	4,292,522	-4.09	Safra National Bank of New York	99
16	Mercantil Servicios Financieros Caracas	3,680,365	3,160,548	16.45	Commercebank Coral Gables, Fla.	99
17	Incus Co. Ltd. Road Town, British Virgin Islands	3,519,086	3,255,271	8.10	Laredo National Bank Tex.	100
18	Mizuho Holdings Inc.* Tokyo	3,497,746	3,584,468	-2.42	Mizuho Trust and Banking Co. New York	100
19	National Bank of GreeceSA Athens	3,182,427	3,099,069	2.69	Atlantic Bank of New York	100
20	Rabobank Nederland Utrecht	2,752,125	2,211,418	24.45	Valley Independent Bank El Centro, Calif.	100
21	Chinatrust Commercial Bank Taipei	1,851,470	1,797,655	2.99	ChinaTrust Bank USA Torrance, Calif.	100
22	Bank Sinopac Taipei	1,683,737	1,644,009	2.42	Far East National Bank Los Angeles	100
23	Canadian Imperial Bank of Commerce Toronto	1,612,711	395,440	307.83	Juniper Bank Wilmington, Del.	80
24	Sumitomo Mitsui Financial Group Tokyo	1,505,646	1,348,322	11.67	Manufacturers Bank Los Angeles	100
25	Bank of Nova Scotia Toronto	1,243,517	1,297,549	-4.16	Scotiabank de Puerto Rico Hato Rey	100
26	Commercial Bank of Korea Seoul	698,152	612,982	13.89	Woori American Bank New York	100
27	Piraeus Bank SA Athens	687,375	346,948	98.12	Marathon National Bank of New York	78
28	Mitsubishi Trust and Banking Co. Tokyo	580,754	367,478	58.04	Mitsubishi Trust and Banking Corp. USA New York	100
29	Manulife Financial Corp. Toronto	568,288	354,786	60.18	First Signature Bank and Trust Co. Portsmouth, N.H.	100
30	Sumitomo Trust and Banking Co. Osaka	444,848	348,300	27.72	Sumitomo Trust and Banking Co. USA Hoboken, N.J.	100
31	Bank of East Asia Ltd. Hong Kong	402,912	318,004	26.70	Bank of East Asia USA Alhambra, Calif.	100
32	Grupo Financiero Popular Santa Domingo	397,628	306,866	29.58	BPD International Bank New York	97
33	Delta Investment Co. George Town, Cayman Islands	392,515	472,390	-16.91	Delta National Bank and Trust Co. New York	100
34	Cho-Heung Bank Ltd. Seoul	351,493	321,878	9.20	CHB America Bank New York	100
35	Banco del Pacifico SA Guayaquil, Ecuador	340,689	296,057	15.08	Pacific National Bank Miami	99
36	Caixa Geral de Depositos SA Lisbon	255,986	232,651	10.03	Crown Bank Ocean City, N.J.	51
37	State Bank of India Bombay	165,062	135,660	21.67	State Bank of India Los Angeles	100
38	Federation des Caisses Desjardins du Quebec	133,016	N/A	N/A	Desjardins Bank Hallandale, Fla.	100
39	National Bank of Canada Montreal	89,687	79,890	12.26	Natbank Hollywood, Fla.	100
40	Australia and New Zealand Banking Group Melbourne	86,572	73,133	18.38	Amerika Samoa Bank Pago Pago	100
41	Farmington Finance Corp. Road Town, British Virgin Islands	7,515	6,972	7.79	Farmington State Bank Wash.	100

Note: Banks owned by holding companies in U.S. territories or Puerto Rico were not included. ^* Owns or holds majority interest in more than one U.S. bank

Source: Highline Banking Data Services (877-305-6657)