Would you believe this:
Companies with a market capitalization greater than $1 billion that hold more cash than the value of their stock and debt, according to data compiled by Bloomberg:
- Banco do Estado do Rio Grande do Sul SA
- Banco Popolare SC
- Bank of East Asia Ltd.
- Bank Leumi Le-Israel Ltd.
- Bank of N.T Butterfield & Son Ltd.
- Bank of New York Mellon Corp.
- Bank of Beijing Co.
- Bank of China Ltd.
- Bank of Cyprus
- Bank Sarasin
- Banque Privee Edmond de Rothschild
- Banque Centrale Populaire
- BOC Hong Kong (Holdings) Ltd.
- Canara Bank Ltd.
- China Minsheng Banking Corp.
- Chiyoda Corp.
- Commercial International Bank
- Comverse Technology Inc.
- Discover Financial Services Friends Provident Plc Great Eastern Holdings Ltd.
- Hachijuni Bank Ltd.
- Health Net Inc.
- Higo Bank Ltd.
- Hong Leong Bank Bhd.
- Hong Leong Financial Group Bhd.
- HSBC Bank Malta Plc
- Huaxia Bank Co.
- Hutchison Telecommunications International Ltd.
- Industrial and Commercial Bank of China (Asia) Ltd.
- Intercontinental Bank Plc Komercni Banka AS Legal & General Group Plc
- National Bank of Belgium Northern Trust Corp.
- OAO OGK-4 Oceanic Bank International Plc
- Porto Seguro SA Sapporo Hokuyo Holdings Inc.
- Schroders Plc
- Shanghai Pudong Development Bank Co.
- Shenzhen Development Bank Co.
- Swiss Life Holding Union Bank of Nigeria United Bank for Africa Plc Wing Hang Bank Ltd.
- Yamagata Bank Ltd.
- Yamanashi Chuo Bank Ltd.
- Zenith Bank
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