Comparing common equity to total assets, 10 major European banks are leveraged more than 25 to 1 (a ratio of less than 4.0%). According to The Big Picture, Dexia is the highest at close to 77 times, but the others are:
- Deutsche Bank
- Credit Agricole
- Credit Suisse
- Commerzbank
- Barclays
- ING
- BNP Paribas
- Societe Generale
- UBS.
Using total equity may indicate slightly lower leverage but the results offer some idea as to why the issue of recapitalizing banks is taking so long to resolve.