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Monday, 2 October 2017

Largest Bank Of US

Largest Bank Of US


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Front of PNC Bank
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America’s top 10 biggest banks
In the years since the financial crisis, the nation’s biggest banks have grown substantially bigger. Together, the top 10 largest banks now hold $11.8 trillion in assets.
For a sense of the vast scale of that wealth, $11.8 trillion is enough to buy every one of the 7.35 billion human beings on Earth a 13-inch MacBook Pro, with a little left over for accessories.
Of course, every year sees some shakeup in this exclusive club. Larger banks trade places with one another, and smaller banks drop out, replaced by faster-growing rivals.
This year, just to get in, you need at least $348.55 billion in assets, a sum so large that, if converted into $100 bills laid end to end, would reach the moon (with several thousand miles left over to check out the view).
Here are the 10 largest banks in the U.S. by assets, according to the latest numbers from S&P Global Market Intelligence, a financial industry research firm.
RankBank nameTotal assets
1JPMorgan Chase & Co.$2.55 trillion
2Bank of America Corp.$2.25 trillion
3Wells Fargo & Co.$1.95 trillion
4Citigroup Inc.$1.82 trillion
5Goldman Sachs Group Inc.$894.09 billion
6Morgan Stanley$832.39 billion
7U.S. Bancorp$449.52 billion
8PNC Financial Services Group Inc.$371.28 billion
9TD Group US Holdings LLC$353.62 billion
10Capital One Financial Corp.$348.55 billion
Big or small, if you’re looking for a new bank, let Bankrate.com help you find the account that’s right for you today.
Posted by Unknown at 01:05
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