JPMorgan Chase & Co reported a net income of $2.1 billion in Q1 2009, down from $2.4 billion in Q1 2008. Credit Suisse Group reported a net income of CHF 2.0 billion in Q1 2009. Blackstone had a loss of $93 million in Q1 2009, better than a loss of $827 million in Q4 2008. Banco Santander's net profit was euro 2.1 billion in Q1 2009. Industrial and Commercial Bank of China is the largest bank in the world with assets of RMB 7,055 billion as of 2006. Standard Chartered Bank operates in over 70 countries with over 1,700 branches and offices and 73,000