published Tuesday, July 2nd, 2013

What are the top 5 biggest banks in the United States?

  • photo
    Customers use ATMs at a Bank of America branch in Boston in 2009. (AP Photo)

The biggest banks in the United States:

1 JP Morgan Chase, based in New York City, assets of more than $2 trillion through the combination in the past decade of JP Morgan & Co., Chase Manhattan Bank, Bear Stearns and Washington Mutual.

2 Bank of America, based in Charlotte, N.C., assets of more than $2 trillion through series of acquisitions, including Merrill Lynch and MBNA, both in 2008.

3 Citigroup, based in New York City, assets of $1.8 trillion after 1998 merger with Travelers Group.

4 Wells Fargo, based in San Francisco, assets of $1.4 trillion following acquisition of Wachovia in 2008.

5 Goldman Sachs Group, based in New York City, assets of nearly $1 trillion.

Source: FDIC

Other National Articles

videos »         

photos »         

e-edition »

advertisement
advertisement

Find a Business

400 East 11th St., Chattanooga, TN 37403
General Information (423) 756-6900
Copyright, Permissions, Terms & Conditions, Privacy Policy, Ethics policy - Copyright ©2014, Chattanooga Publishing Company, Inc. All rights reserved.
This document may not be reprinted without the express written permission of Chattanooga Publishing Company, Inc.