Top World Banking Companies in Market Capitalization

+++

As of June 30, 1999 (dollar amounts in millions)

Chg.

in Rank

Rank6/98 tBank Name

1 nr Citigroup Inc., New York (1)

2 nr Bank of America Corp., Charlotte, N.C. (2)

3 2 HSBC Holdings PLC, London (3)

4 - Lloyds TSB Group PLC, London

5 2 Chase Manhattan Corp., New York

6 2 Wells Fargo & Co., San Francisco (4)

7 nr Bank One Corp., Chicago (5)

8 4 Bank of Tokyo-Mitsubishi Ltd.

9 -6 UBS., Zurich

10 1 ING, Brussels

11 -2 Credit Suisse Group, Zurich

12 -2 First Union Corp., Charlotte, N.C.

13 6 National Westminster Bank PLC, London

14 3 Sumitomo Bank Ltd., Osaka

15 - Banco Santander Central Hispano SA, Madrid (6)

16 -3 Barclays PLC, London

17 -3 Deutsche Bank AG, Frankfurt (7)

18 4 Fortis Group, Brussels (8)

19 6 Abbey National PLC, London

20 - ABN-AMRO Holdings, Amsterdam

21 -3 Banco Bilbao Vizcaya, Bilbao

22 2 Sanwa Bank Ltd., Osaka

23 5 Bank of New York Co.

24 2 Fleet Financial Group, Boston (9)

25 6 J.P. Morgan & Co., New York

26 11 MBNA Corp., Wilmington, Del. (10)

27 25 Bank of Scotland, Edinburgh

28 4 National Australia Bank Ltd., Melbourne

29 -13 U.S. Bancorp, Minneapolis

30 nr Bayerische Hypotheken - und-

Vereinsbank Group, Munich (11)

31 16 Fuji Bank Ltd., Tokyo

32 -9 SunTrust Banks Inc., Atlanta (12)

33 29 Hang Seng Bank Ltd., Hong Kong

34 7 Industrial Bank of Japan Ltd., Tokyo

35 -6 National City Corp., Cleveland (13)

36 -2 Dai-Ichi Kangyo Bank Ltd., Tokyo

37 -7 UniCredito Italiano Spa, Milan (14)

38 -11 Dresdner Bank AG, Frankfurt

39 -4 Mellon Bank Corp., Pittsburgh

40 nr Firstar Corp., Milwaukee (15)

41 -2 San Paolo-IMI SPA, Torino (16)

42 -2 Fifth Third Bancorp, Cincinnati, Ohio (17)

43 15 Standard Chartered PLC, London

44 -6 Wachovia Corp., Winston-Salem, N.C.

45 -2 PNC Bank Corp., Pittsburgh

46 -10 Societe Generale, Paris (18a)

47 1 Banque Nationale de Paris SA (18, 18a)

48 2 Paribas, Paris (18, 18a)

49 16 Sakura Bank Ltd., Tokyo

50 -8 BankBoston Corp. (9)

Total for the Top 50 World Banks

Total for the Top 100 World Banks

Dow Jones Industrial Average

S&P 500 Bank Index

Nikkei-Tokyo Stock Exchange Index

Financial Times - Stock Exchange 100 Share Index

part 2 of 3

Chg.

in Rank as of as of

Rank6/98 tCountry 6/30/99 3/31/99

1 nr United States $160,565 $143,944

2 nr United States 127,922 123,232

3 2 United Kingdom 99,313 90,369

4 - United Kingdom 73,796 82,315

5 2 United States 73,112 68,780

6 2 United States 70,658 57,952

7 nr United States 70,342 65,027

8 4 Japan 66,610 64,429

9 -6 Switzerland 61,717 65,115

10 1 Belgium 47,569 44,035

11 -2 Switzerland 47,056 50,829

12 -2 United States 45,612 51,723

13 6 United Kingdom 44,389 39,622

14 3 Japan 38,984 42,516

15 - Spain 35,931 32,239

16 -3 United Kingdom 35,566 43,176

17 -3 Germany 35,393 26,160

18 4 Belgium 33,007 36,166

19 6 United Kingdom 31,699 29,157

20 - Netherlands 29,871 26,188

21 -3 Spain 28,713 26,980

22 2 Japan 28,583 31,492

23 5 United States 27,929 27,359

24 2 United States 25,312 21,462

25 6 United States 24,920 21,883

26 11 United States 24,555 19,143

27 25 United Kingdom 24,358 16,511

28 4 Australia 24,344 26,755

29 -13 United States 24,261 24,760

30 nr

Germany 24,063 20,035

31 16 Japan 24,018 20,371

32 -9 United States 22,328 20,017

33 29 Hong Kong 21,377 17,577

34 7 Japan 20,953 17,830

35 -6 United States 20,595 20,870

36 -2 Japan 20,127 20,818

37 -7 Italy 20,093 22,484

38 -11 Germany 19,007 17,748

39 -4 United States 18,954 18,335

40 nr United States 18,520 19,731

41 -2 Italy 17,983 19,488

42 -2 United States 17,884 17,716

43 15 United Kingdom 17,680 14,964

44 -6 United States 17,361 16,473

45 -2 United States 17,236 16,619

46 -10 France 17,219 17,108

47 1 France 17,130 16,300

48 2 France 17,053 15,474

49 16 Japan 15,497 12,377

50 -8 United States 15,173 12,854

Total for the Top 50 Worl$1,862,335$1,774,508

Total for the Top 100 Wor2,314,016 2,212,734

Dow Jones Industrial Aver

S&P 500 Bank Index

Nikkei-Tokyo Stock Exchan

Financial Times - Stock E

part 3 of 3

Chg. Percent Percent

in Ran Change as of Change from

Rank6/98 t3/99 - 6 6/30/98 6/30/98 to 6/30/99

1 nr 11.55% $134,536 19.35%

2 nr 3.81 133,811 -4.4

3 2 9.9 71,160 39.56

4 - -10.35 76,195 -3.15

5 2 6.3 63,814 14.57

6 2 21.93 61,981 14

7 nr 8.17 65,912 6.72

8 4 3.38 49,666 34.12

9 -6 -5.22 77,023 -19.87

10 1 8.03 51,562 -7.74

11 -2 -7.42 60,617 -22.37

12 -2 -11.81 56,380 -19.1

13 6 12.03 30,003 47.95

14 3 -8.31 30,663 27.14

15 - 11.45 38,629 -6.98

16 -3 -17.62 43,331 -17.92

17 -3 35.29 42,537 -16.8

18 4 -8.73 27,188 21.4

19 6 8.72 25,212 25.73

20 - 14.06 28,850 3.54

21 -3 6.43 30,342 -5.37

22 2 -9.24 26,046 9.74

23 5 2.09 23,172 20.53

24 2 17.94 23,815 6.29

25 6 13.88 20,763 20.02

26 11 28.27 17,674 38.93

27 25 47.52 13,925 74.93

28 4 -9.01 19,477 24.99

29 -13 -2.02 31,257 -22.38

30 nr

20.1 27,743 -13.27

31 16 17.9 15,405 55.91

32 -9 11.55 26,147 -14.6

33 29 21.62 10,832 97.35

34 7 17.51 16,606 26.17

35 -6 -1.32 22,324 -7.75

36 -2 -3.31 18,392 9.44

37 -7 -10.63 21,108 -4.81

38 -11 7.09 23,531 -19.23

39 -4 3.37 18,156 4.39

40 nr -6.14 14,084 31.5

41 -2 -7.72 17,105 5.13

42 -2 0.95 16,927 5.65

43 15 18.15 12,040 46.84

44 -6 5.39 17,145 1.26

45 -2 3.71 16,114 6.96

46 -10 0.65 18,130 -5.02

47 1 5.09 14,992 14.26

48 2 10.2 14,529 17.37

49 16 25.2 10,629 45.79

50 -8 18.04 16,508 -8.09

Total 4.95% $1,743,989 6.79%

Total 4.58 2,185,351 5.89

Dow Jo 12.1 22.55

S&P 50 5.67 -2.4

Nikkei 10.69 10.74

Financ 0.37 7.63

Source: American Banker survey, Annual Reports, Thomson Financial Sercurities Data Com., Sheshunoff Information Services, a Thomson Financial Company and Bloomberg. Market Capitalization is calculated by the total shares outstanding by stock price. Shares outstanding exclude treasury shares and are from June 30, or as institutions have made information available. (1) Reflects the October 8, 1998 merger of Citicorp and Travelers Inc. to form Citigroup Inc. New York. (2) Reflects the October 1, 1998 merger of BankAmerica Corp. and NationsBank Corp., which formed the new BankAmerica Corp. of San Francisco. (3) On May 11 HSBC Holdings PLC. announced the acquisition of Republic New York Corp. (4) Reflects the November 2, 1998, merger of Wells Fargo & Co. and Norwest Corp., to form Wells Fargo & Co., San Francisco. (5) Reflects the October 2, 1998 merger of Banc One Corp. and First Chicago NBD Corp. to form Bank One Corp. of Chicago. (6) Banco Santander on Jan. 14 announced plans to merger with Banco Central Hispanomerica. (7) Reflects the June 3 acquisition of Bankers Trust New York Corp. (8) Is the holding company for Fortis AMEV of Utrecht and Fortis AG of Brussels. (9) Fleet Financial announced on March 15 the acquisition of BankBoston Corp. (10) MBNA issued 50 million shares on Jan. 4. (11) Reflects the Sept. 3, 1998, merger with Bayerische Vereinsbank AG of Munich to form HypoVerninsbank. (12) Reflects the Dec. 31, acquisition of Crestar Financial of Richmond, Va. (13) Reflects the March 31,1998, acquisition of First of America Bank of Kalamazoo, Mich. (14) Reflects the Oct. 23, 1998, merger of Credito Italiano, Milan. (15) Reflects the Nov. 20, merger of Star Banc Corp. and Firstar Corp., to form Firstar Corp., Milwaukee. (16) Reflects the November 2, 1998, acquisition of Instituto Mobiliare Italiano. (17) Fifth Third Bancorp announced on June 16 acquisition of CNB Bancshares. (18) Societe Generale and Paribas announced plans on Feb 1, to merger and form SG Paribas. (18a) BNP announced on March 9, a hostile takeover of the pending merger between Societe General and Paribas to form SPB. nr = not ranked last year due formation of new institution, F = Foreign Controlled . ===