RBS's $59.3 billion loss last year eclipsed all rivals, including Citigroup's
Global bank profits slumped 85 percent last year to $115 billion, down from $781 billion, and return on equity plunged to 2.69 percent from 20 percent, the magazine estimated.
JPMorgan topped The Banker's annual list of the strongest 1,000 global banks, moving up from fourth place a year earlier. The rankings, which have run since the 1970s, are based on capital strength, or the amount of Tier 1 capital held.
Bank of America
ICBC was the most profitable bank last year with earnings of $21.3 billion, the Banker estimated.
The five most profitable banks were all from China or Spain. China Construction Bank <0939.HK> ranked second with a $17.5 billion profit, followed by Santander
They were followed by Britain's HSBC ($9.3 billion) and Barclays
(Reporting by Steve Slater; editing by Elaine Hardcastle)