Top 50 Safest Global Banks - US Barely Cracks Top 30

At least that seems to be the take away from Global Finance Magazine's ranking of the world's safest banks. The top 9 banks in the magazine's World's 50 Safest Banks list are all state-backed institutions.

The No. 1 bank on the list is Germany's KfW, which doesn't so much act as a traditional bank but as a government-driven lending machine, created in post-war Germany to spur infrastructure spending.

The first publicly traded bank on the list is Canada's TD Bank Group at No. 11.

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No U.S. bank cracks the list until No. 29 with Bank of New York Mellon, the trust bank that last year threatened to start charging for deposits when customers flooded it with cash.