BANKS | Banks In US
We have already been discussing about the largest banks in the US that stands as a strong -economy holder. Are you curious to know or to explore more about few more largest banks in the US? If yes, then, keep reading and get to know.
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Now, let’s get back to explore the banks in USA!
Citigroup – $1,843
Citigroup-the name manifests it to be a product of dissolution of many banks belonging to several cities. Well! it is a multinational and financial service provider bank that was founded on June 16,1812. It has its headquarters in Manhattan, New York. That it has various branches and has 983 branches in the North America.The services that it provides include the banking transactions, market insurance credit cards and online division that claims 15 million users.
It stands at the fourth largest bank in the US having a base asset of $1,843 .
Goldman Sachs Group – $916
The bank stands at fifth ranking with a huge asset of $916 and was founded in 1869. Marcus Goldman and Samuel Sachs founded the bank. The headquarter of Goldman Sachs Group is in New York. For the first time, the use of commercial papers for investors and entrepreneurs was initiated by this bank and this was the firm’s first investment. According to a record of 2016, it had a sum of 35,000 employees working for the flourishment of bank. The company is operative in Asia, Europe, and the Americas.
That was a glimpse on the largest banks in the US. That are playing a vital role in stabilizing the economy of the US. But the list does not end here. There are many other banks that have a huge base asset. Mentioned below is a list of the largest banks in the US.
1 JPMorgan Chase $2,534
2 Bank of America $2,281
3 Wells Fargo $1,951
4 Citigroup $1,843
5 Goldman Sachs $916
6 Morgan Stanley $851
7 U.S. Bancorp $462
8 TD Bank, N.A. $380
9 PNC Financial Services $380
10 The Bank of New York Mellon $371
11 Capital One $366
12 HSBC Bank USA $273
13 Charles Schwab Corporation $243
14 State Street Corporation $238
15 BB&T $221
16 SunTrust Banks $205
17 American Express $181
18 Ally Financial $167
19 Barclays $157
20 USAA $155