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Bank name Headquarters location Total assets (billions of US$) CET1 capital requirement (2022) Market capitalization (billions of US$ as of 12/31/2023) Ticker 1 JPMorgan Chase: New York City: $3,874 12.0 $491.76 JPM 2 Bank of America: Charlotte, North Carolina: $3,181 10.4 $266.46 BAC 3 Citigroup: New York City: $2,412 11.5 $98.45 C 4 Wells Fargo
Mar 27, 2024 · Wells Fargo. Headquartered in San Francisco, Wells Fargo is the fourth largest bank in the U.S. with over $1.7 trillion in assets.
- Cassidy Horton
- Should you choose one of the largest banks in the U.S.?Size isn’t everything when it comes to banks. The best banks have low fees, competitive interest rates and good customer service, and you can find...
- Are large banks safer than small banks?Both large and small banks are subject to the same regulatory requirements and are insured by the Federal Deposit Insurance Corporation (FDIC) up t...
- What are the drawbacks of big banks?The biggest drawback of big banks is that they can sometimes have high overhead and operating costs. This can translate to more fees and lower inte...
- What are the top five banks in America?The top five banks in America are JPMorgan Chase, Bank of America, Citibank, Wells Fargo and U.S. Bank. These are the largest U.S. banks by assets...
- Chase: $2.61 trillion. Chase, the largest bank for consumers and small businesses, is part of JPMorgan Chase & Co. Chase has the largest branch network out of all the biggest banks, with locations in the most states.
- Bank of America: $2.34 trillion. Bank of America is the second-largest bank in the country. Of the top three biggest banks in the U.S., it offers the fewest branches.
- Wells Fargo Bank: $1.68 trillion. Wells Fargo is third in terms of domestic assets, but it comes in second for banks with the most branches. But of the top three largest banks, Wells Fargo offers the fewest number of ATMs.
- Citibank: $1.01 trillion. Of the banks on this list, Citibank is among those with the fewest branches, but it does have a massive domestic network of ATMs.
May 14, 2024 · Bank of America is the second-largest bank with over $2.45 trillion in assets. Wells Fargo is the third-largest bank, holding over $1.7 trillion in assets.
- What are the big five U.S. banks?According to data from the Federal Reserve, the largest banks in terms of assets managed are Chase Bank, Bank of America, Wells Fargo, Citibank and...
- What is the No. 1 bank in America?J.P. Morgan Chase is the number one bank in America in terms of total assets held, according to the Federal Reserve.
- What is the biggest bank failure in the U.S.?One of the biggest failures in recent history is Silicon Valley Bank. In March 2023, the bank failed, leaving accounts totaling millions of dollars...
Dec 6, 2023 · 1. JPMorgan Chase & Co. Established in 1799, JPMorgan Chase & Co. is a global investment bank and financial services company that's based in New York. It offers a wide range of banking...
Apr 2, 2024 · 1. JPMorgan Chase. Chase Bank is the consumer banking division of JPMorgan Chase. It currently has more than 4,700 branches and more than 16,000 ATMs. Chase has branches in all of the...
Apr 8, 2024 · While Chase, Bank of America, Wells Fargo and Citi stand out as big banks, U.S. Bank, PNC Bank, Goldman Sachs, Truist Bank, Capital One and TD Bank round out the 10 largest banks in the U.S.
