Top 10 Biggest US Banks by Assets.

Top 10 Biggest US Banks by Assets.

In the United States, banking is one of the most important and largest industries. The top 10 banks in the US by assets are JP Morgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, Morgan Stanley, US Bancorp, TD Bank, PNC Financial Services and Capital One. These banks have total assets of $16.7 trillion which accounts for 67% of the country’s GDP.

1 JPMorgan Chase – $3.2 trillion in assets

JPMorgan Chase is the largest bank in the US with assets of $3.2 trillion. The bank was formed in 2000 when JP Morgan & Company merged with Chase Manhattan Corporation. JPMorgan Chase has more than 5,000 branches and 16,000 ATMs across the country. The bank offers a wide range of financial services including investment banking, asset management, private banking, commercial banking and retail banking.

2 Bank of America – $2.4 trillion in assets

Bank of America is the second largest bank in the US with assets of $2.4 trillion. The bank was formed in 1998 through a merger between NationsBank and BankAmerica. Bank of America has more than 4,700 branches and 16,000 ATMs across the country. The bank offers a wide range of financial services including investment banking, asset management, private banking, commercial banking and retail banking.

3 Citigroup – $1.9 trillion in assets

Citigroup is the third largest bank in the US with assets of $1.9 trillion. The bank was formed in 1998 through a merger between Citicorp and Travelers Group. Citigroup has more than 200 branches and 930 ATMs across the country. The bank offers a wide range of financial services including investment banking, asset management, private banking, commercial banking and retail banking.

4 Wells Fargo – $1.8 trillion in assets

Wells Fargo is the fourth largest bank in the US with assets of $1.8 trillion. The bank was established in 1852 and has more than 8,000 branches and 13,000 ATMs across the country. Wells Fargo offers a wide range of financial services including investment banking, asset management, private banking, commercial banking and retail banking.

5 Goldman Sachs – $930 billion in assets

Goldman Sachs is the fifth largest bank in the US with assets under management (AUM) of $930 billion. The bank was established in 1869 and has more than 30 branches across the country. Goldman Sachs offers a wide range of financial services including investment banking, asset management (AUM), private wealth management (PWM), commercial banking (CB), and securities services (SS).

6 Morgan Stanley – $815 billion in assets

Morgan Stanley is the sixth largest bank in the US with assets of $815 billion. The bank was established in 1935 and has more than 600 branches across the country. Morgan Stanley offers a wide range of financial services including investment banking, asset management (AUM), private wealth management (PWM), commercial banking (CB), and securities services (SS).

7 US Bancorp – $768 billion in assets

The US Bancorp is the seventh largest bank in the US with assets of $768 billion. The bank was established in 1863 and has more than 5,000 branches and 16,000 ATMs across the country. The US Bancorp offers a wide range of financial services including investment banking, asset management (AUM), private wealth management (PWM), commercial banking (CB), and securities services (SS).

8 TD Bank – $665 billion in assets

TD Bank is the eighth largest bank in the US with assets of $665 billion. The bank was established in 1852 and has more than 1,300 branches and 2,500 ATMs across the country. TD Bank offers a wide range of financial services including investment banking, asset management (AUM), private wealth management (PWM), commercial banking (CB), and securities services (SS).

9 PNC Financial Services Group – $368 billion in assets

PNC Financial Services Group is the ninth largest bank in the US with assets of $368 billion. The bank was established in 1845 and has more than 2,500 branches and 8,700 ATMs across the country. PNC Financial Services Group offers a wide range of financial services including investment banking, asset management (AUM), private wealth management (PWM), commercial banking (CB), and securities services (SS).

10 Bank of New York Mellon – $362 billion in assets

Bank of New York Mellon is the tenth largest bank in the US with assets of $362 billion. The bank was established in 1784 and has more than 2,000 branches and 4,400 ATMs across the country. Bank of New York Mellon offers a wide range of financial services including investment banking, asset management (AUM), private wealth management (PWM), commercial banking (CB), and securities services (SS).

Conclusion:

The 10 largest banks in the US are JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, Morgan Stanley, U.S. Bancorp, TD Bank, PNC Financial Services Group and Bank of New York Mellon.

These banks have total assets of more than $15 trillion and offer a wide range of financial services, from investment banking to asset management. With their vast resources, these banks are well positioned to meet the needs of their customers and continue to play an important role in the US economy. If you have any questions or feedback, please leave a comment below. Thanks again!

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