When writing about banks, I often refer to the "biggest banks in America."
What are these, you ask?
Instead of listing them each time they come up, I've created the slideshow below, which answers this question.
As you'll see, one can break the biggest banks in America down into two categories.
The first are the four mega money-center banks, JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo.
Collectively, these firms control 43% of the bank industry's assets. Regardless of political beliefs or economic opinions, they truly are too big to fail.
If one of these goes down, you're looking at a cataclysm akin to the United States during the Great Depression or Greece today.
Following this group are the six leading regional lenders, ranging from $419 billion US Bancorp on one end of the spectrum, to $142 billion Fifth Third Bancorp on the other.
These banks may seem small compared to their money-center brethren, but don't let that fool you; all six of them are massive in their own right.
To this end, it's worth keeping in mind that every community banker's dream is to simply eclipse the $1 billion mark. For all 10 of these banks, that's hardly a blip on the radar.
So, without further ado, I encourage you to leaf through the presentation below, which will bring you up to speed on the 10 biggest banks in America.
