Top 50 US Financial Institutions

By: EconomyWatch   Date: 17 December 2010

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The top 50 financial institutions in the USA are the leading names in the financial scenario of the United States of America. These organizations have been doing stellar business over the years in the country and have continued to serve millions of people and address their financial issues through their services. They have also played an important role in the context of the US economy through their services.

Bank of America is one of the major financial institutions of the United States of America. It is headquartered at Charlotte, North Carolina. The most important person of the Bank of America is Kenneth D. Lewis, who serves as the Chairman, Chief Executive Officer and President. The Chief Administrative Officer of the Bank of America is J. Steele Alphin and the Chief Financial Officer is Joel L. Price. In 2007 the Bank of America earned a revenue of 19.19 billion US dollars and the net income of the company was 14.98 billion dollars. The total assets held by the Bank of America amounted to 1.72 trillion dollars. As of 2006 there are 203,425 employees of the company.

Following is a list of the top 50 financial institutions of the USA:
  • TD Bank USA, National Association
  • Bank of America
  • E*TRADE Bank
  • JPMorgan Chase Bank
  • Bank of the West
  • Wachovia Bank
  • Citibank (South Dakota) N.A.
  • Wells Fargo Bank
  • Manufacturers and Traders Trust Company
  • Citibank
  • Harris National Association
  • Washington Mutual Bank
  • The Bank of New York
  • SunTrust Bank
  • Chase Bank USA,
  • U.S. Bank
  • Marshall and Ilsley Bank
  • Regions Bank
  • TD BankNorth
  • Branch Banking and Trust Company
  • Fifth Third Bank
  • National City Bank
  • USAA Federal Savings Bank
  • HSBC Bank USA
  • Citizens Bank of Pennsylvania
  • World Savings Bank
  • The Huntington National Bank
  • Countrywide Bank
  • Citizens Bank of Massachusetts
  • PNC Bank
  • LaSalle Bank Midwest
  • Keybank
  • Compass Bank
  • ING Bank, fsb
  • First Tennessee Bank
  • Merrill Lynch Bank
  • Charter One Bank
  • Sovereign Bank
  • Capital One
  • Comerica Bank
  • Discover Bank
  • Union Bank of California
  • UBSBank
  • Commerce Bank
  • Morgan Stanley Bank
  • North Fork Bank
  • Colonial Bank, National Association
  • Fifth Third Bank
  • Banco Popular de Puerto Rico
  • LaSalle Bank National Association

JPMorgan Chase bank is one of the major financial services providers of the world. Its products and services are available all over the world. The chairman and Chief Executive Officer of JPMorgan Chase is James L. Dimon. It operates primarily in the finance and insurance industry and deals in investment banking and financial services. The market capitalization of JPMorgan Chase is 145.881 million dollars. The revenue of the company was 116.353 billion dollars.

The operating income of JPMorgan Chase Bank in 2007 was 46.133 billion dollars and the net income was 15.365 billion dollars. The total assets held by the company are 1.562 trillion dollars. The total equity of the company in 2007 was 123.221 billion US dollars. There were 180,667 employees of the company in 2007.

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