The wreckage of the financial crisis led to pages upon pages of financial reform aimed at ending the era of Too Big To Fail, but six years after the banking system blew up the five biggest firms control 44% of the $15.3 trillion in assets held by U.S. banks according to data compiled by SNL Financial. Those banks — JPMorgan Chase JPM +0.75%, Bank of America BAC +1.11%, Wells Fargo WFC +0.31%, Citigroup C +1.56% and US Bancorp USB +0.57% — collectively held $6.8 trillion in assets as of Sept. 30.
Posted on: Wed, 03 Dec 2014 22:02:51 +0000
Trending Topics
Recently Viewed Topics
© 2015