Despite what was said at the last GOP debate, no one wants to see America’s biggest businesses fail. We will do what ever it takes to prevent that kind of event. Both political parties have decided that when the day is done this United States government cannot permit its largest business enterprises to collapse.
Ten Largest Banks in the U.S.
So which are the ten largest banks by deposits? This according to bargaineering.com.
- Bank of America: $907.3b in deposits, TARP participant.
- Wells Fargo: $759.7b in deposits, TARP participant.
- JPMorgan Chase: $639.7b in deposits, TARP participant.
- Citibank: $320.8b in deposits, TARP participant.
- PNC Bank: $188.1b in deposits, TARP participant.
- US Bancorp: $151.9b in deposits, TARP participant.
- Sun Trust: $118.5b in deposits, TARP participant.
- Capital One Financial: $114.3b in deposits, TARP
participant. - Toronto-Dominion (TD) Bank: $104.8b in deposits, as a Canadian bank it was not eligible for TARP funds.
- BB&T: $95.0b in deposits, 2.12% market share, TARP participant.
Infoplease.com provided a list of the banks by assets.
1. Bank of America Corporation (Charlotte,NC) $2,340,667,014
2. J.P. Morgan Chase & Co. (New York,NY) $2,135,796,000
3. Citigroup Inc.(New York,NY) $2,002,213,000
4. Wells Fargo & Company (San Francisco,CA) $1,223,630,000
5. Goldman Sachs Group, Inc., The (New York,NY) $880,677,000
6. Morgan Stanley (New York,NY) $819,719,000
7. Metlife, Inc. (New York,NY) $565,566,452
8. Barclays Group US Inc. (Wilmington,DE) $427,837,000
9. Taunus Corporation (New York,NY) $364,079,000
10. HSBC North America Holdings Inc. (New York, NY) $345,382,871
Read more: United States’ Largest Banks — Infoplease.com http://www.infoplease.com/ipa/A0763206.html#ixzz1dHZLBUD5
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Asthe stock market continues to slide, look for JP Morgan to be leading the way. Any company that helps people invest obviously won’t last.