Germans hold back EU while Japan emerges from doldrums

摘要

The wealth of information in this year's Top 1000 demonstrates admirably that the world's top banks not only produced bumper profits - a record $417.5bn, up 65.4% on the previous year - but they are now on a firmer structural footing that lays the groundwork for further growth. After heavy losses the previous year, Japan's banks have this year produced almost $15bn in aggregate net profits and now finally appear set to emerge from the doldrums of the last decade. This, however, cannot be said for the 82 German banks in the listing whose aggregate net loss of $306m shows the huge losses sustained by most of the big banks (Deutsche excluded) and the poor profitability of the rest.