Total US Deposits by Bank: 1. $JPMorgan (JPM.US)$ : $2.4 tri...
Total US Deposits by Bank:
1. $JPMorgan(JPM.US$ : $2.4 trillion
2. $Bank of America(BAC.US$ : $2.0 trillion
3. $Wells Fargo & Co(WFC.US$ : $1.4 trillion
4. $Citigroup(C.US$ : $1.3 trillion
5. $Bank of America(BAC.US$ : $500 billion
6. $PNC Financial Services(PNC.US$ : $450 billion
7. $Truist Financial(TFC.US$ : $420 billion
8. $Capital One Financial(COF.US$ : $350 billion
9. $Goldman Sachs(GS.US$ : $350 billion
10. $The Toronto-Dominion Bank(TD.US$ : $330 billion
The top 10 banks in the US currently control 65% of deposits while the top 15 control 75%.
JP Morgan and Bank of America alone control 31% of deposits in the US.
This crisis is only accelerating consolidation of banks and making the big banks bigger.
1. $JPMorgan(JPM.US$ : $2.4 trillion
2. $Bank of America(BAC.US$ : $2.0 trillion
3. $Wells Fargo & Co(WFC.US$ : $1.4 trillion
4. $Citigroup(C.US$ : $1.3 trillion
5. $Bank of America(BAC.US$ : $500 billion
6. $PNC Financial Services(PNC.US$ : $450 billion
7. $Truist Financial(TFC.US$ : $420 billion
8. $Capital One Financial(COF.US$ : $350 billion
9. $Goldman Sachs(GS.US$ : $350 billion
10. $The Toronto-Dominion Bank(TD.US$ : $330 billion
The top 10 banks in the US currently control 65% of deposits while the top 15 control 75%.
JP Morgan and Bank of America alone control 31% of deposits in the US.
This crisis is only accelerating consolidation of banks and making the big banks bigger.
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Shuseido : BAC at 2nd and 5th place?