30 Safest Banks By Country (US, Europe & Asia: Where To Put Your Money During A Financial Crisis)

So why are global systemically important banks (G-SIBs) amongst the safest banks during this banking crisis? Which countries in the US, Europe & Asia have G-SIBs & which country has the largest number of G-SIBs? Plus, which banks are they? That's what I'll be talking about in today's video!

👉 Subscribe for all things inflation, investing & retirement!

#jenniferlammer #bonds #fixedincome
-------
WATCH NEXT

________

DISCLAIMER

EVERYONE'S FINANCIAL JOURNEY IS DIFFERENT. YOUR PERSONAL FINANCIAL SITUATION IS UNIQUE. NEITHER DIAMOND NESTEGG, LLC, OUR WEBSITE, OUR YOUTUBE CHANNEL, OUR OTHER SOCIAL MEDIA CHANNELS, NOR THIS CONTENT & INFORMATION (THE “SERVICE”) ARE INTENDED TO PROVIDE FINANCIAL, LEGAL, TAX OR OTHER ADVICE. NO FINANCIAL DECISIONS SHOULD BE MADE SOLELY BASED ON THE SERVICE. THE SERVICE IS PROVIDED FOR INFORMATIONAL & ENTERTAINMENT PURPOSES ONLY & IS NOT INTENDED TO BE A SUBSTITUTE FOR ADVICE FROM A PROFESSIONAL FINANCIAL ADVISER OR QUALIFIED EXPERT.

ALL OPINIONS & FORWARD-LOOKING STATEMENTS OF THE SERVICE EXPRESSED HEREIN ARE AS OF THE DATE OF PUBLICATION & SUBJECT TO CHANGE. IT IS YOUR RESPONSIBILITY TO VERIFY ALL INFORMATION YOURSELF.

ANY INFORMATION PRESENTED BY THE SERVICE IS NOT AN OFFER TO BUY OR SELL, NOR A SOLICITATION TO BUY OR SELL ANY SECURITIES OR PRODUCTS MENTIONED. DIFFERENT INVESTMENTS HAVE VARYING DEGREES OF RISK & THERE IS NO ASSURANCE THAT THEY WILL BE SUITABLE FOR YOUR PORTFOLIO. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. ALWAYS CONSULT A QUALIFIED FINANCIAL, LEGAL, OR TAX PROFESSIONAL REGARDING YOUR SPECIFIC SITUATION.

DIAMOND NESTEGG, LLC IS A REGISTERED INVESTMENT ADVISER IN THE STATE OF NEW YORK AND OTHER STATES WHERE IT IS EXCLUDED OR EXEMPTED FROM REGISTRATION REQUIREMENTS. REGISTRATION AS AN INVESTMENT ADVISER DOES NOT CONSTITUTE AN ENDORSEMENT FROM SECURITIES REGULATORS.

DIAMOND NESTEGG, LLC RECEIVES COMPENSATION FROM YOUTUBE FOR THE PRESENCE OF ADVERTISING BEFORE, AFTER, AND DURING THIS VIDEO CONTENT AS WELL AS VIA YOUTUBE’S SUPER THANKS FEATURE. DIAMOND NESTEGG, LLC DOES NOT CONTROL THE CONTENT OR PRESENCE OF ANY ADVERTISEMENTS. THE PRESENCE OF ANY ADVERTISEMENT DOES NOT CONSTITUTE AN ENDORSEMENT OF THE AD, COMPANY, ENTITY, OR PRODUCT BY DIAMOND NESTEGG, LLC.

----------

CONTENT DISCLAIMER

THE VIEWS & OPINIONS EXPRESSED THROUGH THE SERVICE ARE SOLELY THOSE OF DIAMOND NESTEGG, UNLESS OTHERWISE SPECIFICALLY CITED. MATERIAL PRESENTED IS BELIEVED TO BE FROM RELIABLE SOURCES & NO REPRESENTATIONS ARE MADE BY DIAMOND NESTEGG AS TO OTHER PARTIES' INFORMATIONAL ACCURACY OR COMPLETENESS. ALL INFORMATION OR IDEAS PROVIDED SHOULD BE DISCUSSED IN DETAIL WITH A QUALIFIED ADVISER, TAX OR LEGAL PROFESSIONAL PRIOR TO IMPLEMENTATION.

OUR YOUTUBE CHANNEL MAY PROVIDE LINKS TO THIRD-PARTY WEBSITES FOR YOUR CONVENIENCE. WE HAVE NO CONTROL OVER THE ACCURACY OR CONTENT OF THESE LINKS.

THE COMMENTS ON THIS CHANNEL, AND OUR OTHER SOCIAL MEDIA CHANNELS, ARE THOSE OF THE CREATORS & DO NOT NECESSARILY REFLECT THE VIEWS & OPINIONS HELD BY DIAMOND NESTEGG, LLC.

DUE TO THE SOCIAL NATURE OF THE SERVICE, THESE VIDEOS MAY CONTAIN CONTENT COPYRIGHTED BY ANOTHER PERSON OR ENTITY. DIAMOND NESTEGG, LLC CLAIMS NO COPYRIGHT TO SAID CONTENT & CANNOT BE HELD ACCOUNTABLE FOR THE COPYRIGHTED CONTENT. DIAMOND NESTEGG SHARES & STRIVES TO VERIFY INFORMATION BUT CANNOT WARRANT THE ACCURACY OF COPYRIGHTS OR COMPLETENESS OF THE INFORMATION ON OUR SERVICE. ANY COPYRIGHTED MATERIAL SHARED ON THIS SERVICE IS INTENDED TO BE SHARED BY FAIR USE. IF YOU HAVE A COMPLAINT ABOUT THE USE OF COPYRIGHTED MATERIAL, PLEASE CONTACT DIAMOND NESTEGG PRIOR TO MAKING A COPYRIGHT CLAIM. ANY INFRINGEMENT IS UNINTENTIONAL & WILL BE RECTIFIED TO ALL PARTIES' SATISFACTION.

PLEASE REFER TO OUR TERMS OF SERVICE & PRIVACY POLICY LINKS FROM OUR WEBSITE FOR MORE INFORMATION.

[BorisLikesBonds]

Our family started banking with Bank of America in 1978 when we immigrated to America. My parents like it because it was nearby our apartment in San Francisco, and it had "America" in its name. I liked BoA in the 90s as a college kid because there was always an ATM around. Now I like it in middle age because it has good management running the show and it's safe. Banks are sticky because they are hard to move away from. Bills get auto-paid from there, salaries are deposited there, credit cards are managed there, etc etc.

[jamescc]

Please do more video on falling (collapsing) dollar preparation and investing to come out ahead.

[DiamondNestEgg]

Thanks for visiting our personal finance channel! We hope this content will help fast-track your financial journey! Everyone's financial journey is different. Please note that: 1) there are questions/ comments which I will not be able to answer without fully understanding your financial, personal & other circumstances & 2) we will not ask you to call us or send us money in the comments on this channel or any of our other social media accounts, so if you see comment(s) along those lines, it is most likely spam - PLEASE DO NOT ENGAGE WITH SPAMMERS OR GIVE OUT YOUR PERSONAL INFORMATION FOR YOUR OWN SAFETY.

WATCH NEXT

[VideoGarabato]

Great information! A question, I have noticed that the CD rates offered in Fidelity website have gone down in the last week. Does anybody know why? I would think they would have gone up due to the Fed recent .25% rate increase. Thank you.

[Last_one_before_I_go]

This is great information. I'm about as best protected as I can make myself. Good luck to us all...

[susanboyd-jizl]

How do you feel about Banks and Credit Unions in Hawaii. The State has a AA+ credit rating. The Hawaii Fed Credit Union is not a high risk Credit Union. They have share holder with NCAU and FDIC. Also each Island has their own Grids. They are the Gateway to the Asian Pacific. Please respond. Thank you. Love that you are the only positive financial reporter.

[michaelsimon]

Would the on line bank Marcus bank be one of the safest banks being it is associated with Goldman Sachs?

[ILovePianoForever]

wow this is very informative. Thank you!

[frederickbroniak]

I enjoy your channel. Could you please make an episode on life insurance companies? I would bet a lot of people have term or whole life policies. I would also imagine that many insurance companies invest in mortgage backed securities, long term treasuries, and commercial real estate. About forty years ago, I had a small whole policy with a company having an AM Best A rating. After about fifteen years, it went out of business and I got pennies on the dollar. I have a pretty large term policy with a reputable company and the premium is coming up in June. I’m having second thoughts.

[shuklamanta]

Thanks a lot For Preparing very informative videos

[alexdoubeykovskiy]

Good! I learned that all my banks are GSibs.

[josephc]

I thought you should have included The Bank of International Settlements based in Switzerland, but then I realized, it is more related to the world's central banks and not a commercial bank.

[anniechen]

Hi I enjoyed learning about G-SIBs. I have been doing research on where to park my $ safely, and I am considering to either put $ in a brokered CD by big banks OR corporate bonds of G-SIBs. What would be the pros and cons of buying corporate bonds? Could you do a video on corporate bond? Thanks!!

[nancychace]

Thank you for sharing. Appreciate the info.

[katechen]

Thank you for the information. Don't know that I have/had accounts with so many international banks, some due to the company decision. Maybe because of the too big to fail thought or some other reason, many of their websites are not so easy to use or user-friendly. I even had an account with the bank 0f New York Mellon before and was so happy when moved out.
Just wonder (maybe a stupid question), would they treat the international accounts and domestic accounts differently?

[noellecms]

HSBC could be a UK bank in name only since it is majority owned by Chinese now.

[Elizabeth_is_me]

Most G-SIBs - assuming most are located in USA. Followed by Switzerland since they are known for their banking system then assume Great Britain

[oppenheim]

The Fed did massive QE at the start of Covid which included buying loans from big US banks to zombie companies. And apparently the Fed hasn’t sold many of these loans as it is reducing its balance sheet.

So, do you know which of the big US banks that you mention are most at risk, if any, of getting back worthless loans? If so, which do you think has the most risk of this, or not marking to market such loans they already have?

[outcastfishingteam]

Can you please do a video showing how to purchase t bills on Jp Morgan chase. ASAP

[peterbergeris]

I belong to TD Ameritrade which will transition to Schwab. In your video you said to check for custodian. Schwab as broker dealer n Schwab bank are separate entities n Schwab is custodian according to Google. Is this ok to transition my accounts from TD Ameritrade to Schwab? They also don't charge for trades done online.