What are the top 10 banks in the US?
The 10 largest banks in the U.S. are Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank,
1. JPMorgan Chase. JPMorgan Chase, or Chase Bank, is the biggest bank in America with nearly $3.4 trillion in assets. It boasts a vast network of over 4,800 physical branches and more than 15,000 ATMs.
- The largest banks in the U.S.
- Chase: $2.61 trillion.
- Bank of America: $2.34 trillion.
- Wells Fargo Bank: $1.68 trillion.
- Citibank: $1.01 trillion.
- U.S. Bank: $646.73 billion.
- PNC Bank: $551.13 billion.
- Goldman Sachs: $463.99 billion.
| Bank Name | City | Acquiring Institution |
|---|---|---|
| Heartland Tri-State Bank | Elkhart | Dream First Bank, N.A. |
| First Republic Bank | San Francisco | JPMorgan Chase Bank, N.A. |
| Signature Bank | New York | Flagstar Bank, N.A. |
| Silicon Valley Bank | Santa Clara | First–Citizens Bank & Trust Company |
| RANK | BANK NAME | TOTAL ASSETS |
|---|---|---|
| 1 | JPMorgan Chase | $3.39 trillion |
| 2 | Bank of America | $2.47 trillion |
| 3 | Wells Fargo | $1.70 trillion |
| 4 | Citigroup | $1.66 trillion |
| Bank | Forbes Advisor Rating | Learn More |
|---|---|---|
| Chase Bank | 5.0 | Learn More Read Our Full Review |
| Bank of America | 4.2 | |
| Wells Fargo Bank | 4.0 | Learn More Read Our Full Review |
| Citi® | 4.0 |
Key Takeaways. The largest five banks by market capitalization are JP Morgan & Chase, Bank of America, Industrial and Commercial Bank of China, Wells Fargo, and China Construction Bank.
The Big Six refers to the major banks of Canada. The list includes the TD, Royal Bank, the Bank of Montreal, Scotiabank, CIBC, and the National Bank.
- Industrial and Commercial Bank of China (ICBC) Total Assets: $6.118 Trillion. ...
- Wells Fargo. Total Assets: $1.886 Trillion. ...
- HSBC. Total Assets: $2.989 Trillion. ...
- Morgan Stanley. Total Assets: $1.199 Trillion. ...
- China Construction Bank (CCB) Total Assets: $5.376 Trillion.
Which is the safest bank?
Asset-heavy, diversified and regulated banks like JPMorgan Chase, Wells Fargo, PNC Bank and U.S. Bank are among the safest banks in the U.S. and should be considered if you are weighing your options.
- Lloyds 60.
- Halifax 47.
- Barclays 34.
- NatWest 21.
- Bank of Scotland 16.
- Ulster Bank (NI) 10.
- RBS 1.
There is a systemic risk of large-scale bank failures in the U.S. in 2024 due to charge-offs and write-downs emanating from the commercial real estate sector. Bank regulators have been vocal about their concerns that the too-big-too-fail banks would have sufficient capital to cover losses and a recession.
- Capital One Bank: Best online checking account.
- Chase: Best for a large branch network.
- Axos Bank: Best for online account options.
- Discover® Bank: Best for doing all of your banking at one place.
- Synchrony Bank: Best high-yield savings account.
- TD Bank: Best for customer service.
Chase is the largest bank in the country, holding over $3.38 trillion in assets. 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.
| Rank & Bank | Headquarters | Market Cap |
|---|---|---|
| #1 JPMorgan Chase | New York, USA | $505.69 B |
| #2 Bank of America | North Carolina, USA | $265.44 B |
| #3 Industrial and Commercial Bank of China Limited | Beijing, China | $238.66 B |
| #4 Agricultural Bank of China | Beijing, China | $187.68 B |
JP Morgan Private Bank
“J.P. Morgan Private Bank is known for its investment services, which makes them a great option for those with millionaire status,” Kullberg said. “With J.P. Morgan, each client is given access to a panel of experts, including experienced strategists, economists and advisors.”
These are the 10 hardest investment banks to get a job at in the world🌍👇 1. JP Morgan 2. Goldman Sachs 3. Bank Of America 4.
Who is Capital One owned by? Capital One is owned by Capital One Financial Corporation, a financial services holding company.
For the emergency stash, most financial experts set an ambitious goal at the equivalent of six months of income. A regular savings account is "liquid." That is, your money is safe and you can access it at any time without a penalty and with no risk of a loss of your principal.
Is it safe to put all your money in one bank?
As long as that bank is FDIC-insured and your deposit doesn't exceed $250,000, you should be safe to do so. It might be worth it to maintain an account at a separate bank, however, just in case a bank error or accidental account freeze results in a loss of access to your money for a time.
- Citibank.
- Wells Fargo.
- Capital One.
- M&T Bank Corporation.
- AgriBank.
- CoBank.
- AgFirst.
- Farm Credit Bank of Texas.
- Bank of America Private Bank.
- Chase Private Client.
- Morgan Stanley CashPlus.
- HSBC Premier Checking.
- TD Bank Private Banking.
- PNC Private Bank Checking.
- Truist Wealth Checking.
- Santander Private Client Checking.
Recently, a report posted on the Social Science Research Network found that 186 banks in the United States are at risk of failure or collapse due to rising interest rates and a high proportion of uninsured deposits.
However, because credit unions serve mostly individuals and small businesses (rather than large investors) and are known to take fewer risks, credit unions are generally viewed as safer than banks in the event of a collapse.
