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Top 5 banks from the United States

mediapatner.com - Tens of thousands of banks exist in the United States and it is very difficult to choose which one is the best.If you are considering where to save money, the right choice is to choose a trusted bank. Many local and regional financial institutions can be trusted. For full service and extensive banking, the largest national banks rule. According to the Federal Reserve, these 5 financial institutions are the largest banks in the United States based on their assets. The following are the 5 most famous banks in the United States.

Top 5 banks from the United States

Top 5 banks from the United States

1. JPMorgan-Chase

JPMorgan-Chase is the sixth largest bank in the world, according to the Federal Reserve, JPMorgan-Chase had nearly $2 trillion in assets worldwide at the end of last year. This makes it number one on the list of top 5 banks. The company is the result of a 2000 merger of two much older banks, J.P. Morgan and Chase Manhattan Corporation. While the name J.P. Morgan is used for investment banking and personal wealth management, the bank provides retail and commercial banking services as Chase.

JPMorgan-Chase is the number 1 choice of a world bank that has the most loyalty and assets compared to other banks.

2. Bank of America

Bank of America's headquarters in Charlotte, North Carolina makes the city one of America's largest financial centers. This company is the largest wealth management company in the world, because it owns the very large Merrill Lynch.
Bank of America has approximately 50 million retail banking customers. Starting from a small institution serving immigrants in San Francisco, in the early 1900s it was called the Bank of Italy. Bank of America briefly ventured into finance in China by acquiring a stake in China Construction Bank, which it later sold.

The company has headquarters in Charlotte and New York which are LEED-certified, due to many problems the company has been accused of fraud in a number of lawsuits since 2010.

3. Wells Fargo

The Gold Rush by two Northeastern men formed a company called wells fargo. Wells Fargo which is the largest bank in the world has fought many Industrial and Commercial Banks of China over the last few years.

Wells Fargo holds the oldest bank charter in the United States, which was originally awarded to the First National Bank of Philadelphia. Wells Fargo pays the United States the largest amount of corporate tax of any company annually, but even so the bank has been accused of tax evasion.

4. Citi Bank

Citi is an industry pioneer of credit cards and automated teller machines, Citi Bank - formerly City Bank of New York - was often compared to the East Coast and Wells Fargo during the 19th century when the bank existed on a regional level. Citi was also the first US bank to open a bank office overseas, then expanded into Argentina in 1914. Today only 26 percent of Citi's branches remain in the United States, although Citi bank generates 51 percent of revenue. banks and become the United States' foreign exchange every year due to paying taxes.

6. PNC

PNC is a regional level financial institution, with operations in most of the East Coast, PNC offices are located in 19 states such as Washington, DC. PNC has two historical significances - the Pittsburgh National Corporation and the Providence National Corporation, the two Pennsylvania banks that merged to form the beginnings of today's corporation. Both companies use acronym names because of the similarity of names. The aim of PNC is to provide a "virtual wallet" service among traditional banks, and is known for its annual goods price index from the Christmas song, "The Twelve Days of Christmas".

All the banks mentioned are leading banks in the world, especially in the United States. Every bank has different business processes because they have different goals. International banks that are capable of handling world-class business management are banks that have extraordinary loyalty and cannot be underestimated.

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