If you bank in America, chances are that you do your business with a large entity. However, until you look at the concrete facts, you may not be aware of just how large said entity is. This is where the following information provided by Robert Jain comes into play. As far as American banks are concerned, here are the 4 biggest names to be aware of, as well as why they possess the recognition they enjoy today.
Citigroup - When it comes to banking in America, Citigroup is one of the largest names that names such as Bob Jain can draw attention to. It has done more than well from a banking standpoint, given its value of over $1.8 billion in assets. The Citi Field baseball stadium, home of the New York Mets, is further proof of this company's success. Of course, this is just one of the many names in American banking to be aware of.
Wells Fargo - Coming in third place, as far as total assets are concerned, Wells Fargo is valued at more than $1.9 billion. This makes it a standout name as is, but many people don't know that the company in question owns several museums which are collectively known as the Wells Fargo History Museum. They are located in areas including Philadelphia, Sacramento, and Charlotte. What this means is that, depending on where you live, you could theoretically make a drive to one of these locations during a vacation.
Bank of America - Many people know about Bank of America, but the specific details may be unclear. It's no surprise that this is a large bank, given the fact that possesses more than $2.2 billion in total assets. You may also be unaware of the fact that it was once known as Bank of Italy, dating back all the way to the early 1900s. Bank of Italy was designed to help immigrants that were acclimating to the United States. Needless to say, this company grew by leaps and bounds since then.
JPMorgan Chase - Seen as the number one bank in America, JPMorgan Chase is valued at more than $2.5 billion in total assets. This New York-located bank is also the successor to Bank of the Manhattan Company, which was founded in 1799. JPMorgan Chase offers a litany of services as well, not only to individual clients but businesses as well. This is just one of the many reasons why this bank is regarded as arguably the biggest in the country.
Citigroup - When it comes to banking in America, Citigroup is one of the largest names that names such as Bob Jain can draw attention to. It has done more than well from a banking standpoint, given its value of over $1.8 billion in assets. The Citi Field baseball stadium, home of the New York Mets, is further proof of this company's success. Of course, this is just one of the many names in American banking to be aware of.
Wells Fargo - Coming in third place, as far as total assets are concerned, Wells Fargo is valued at more than $1.9 billion. This makes it a standout name as is, but many people don't know that the company in question owns several museums which are collectively known as the Wells Fargo History Museum. They are located in areas including Philadelphia, Sacramento, and Charlotte. What this means is that, depending on where you live, you could theoretically make a drive to one of these locations during a vacation.
Bank of America - Many people know about Bank of America, but the specific details may be unclear. It's no surprise that this is a large bank, given the fact that possesses more than $2.2 billion in total assets. You may also be unaware of the fact that it was once known as Bank of Italy, dating back all the way to the early 1900s. Bank of Italy was designed to help immigrants that were acclimating to the United States. Needless to say, this company grew by leaps and bounds since then.
JPMorgan Chase - Seen as the number one bank in America, JPMorgan Chase is valued at more than $2.5 billion in total assets. This New York-located bank is also the successor to Bank of the Manhattan Company, which was founded in 1799. JPMorgan Chase offers a litany of services as well, not only to individual clients but businesses as well. This is just one of the many reasons why this bank is regarded as arguably the biggest in the country.
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