Federal Reserve has rilled out the top banks in united States of America in terms of assets.
The top banks are not only leading in United States of America but also in the world in terms of their contribution in finance and assets they possess.
These five financial service giants have managed to stay ahead of the competition following their investment.
The top five performing banks in United States have boldly investing in Technology. In COVID-19 pandemic, the banks have stimulated the use of mobile banking apps and payment system.
The top five leading Banks in United States are as Follows;
1.JP Morgan Chase
The JP Morgan Chase is the top leading bank in Unite States of America. It has assets accumulation of $ 2.87 trillion.
2. Bank of America
Bank of America is the second top bank in United States, with the acculturation of assets stands at $ 2.16 trillion.
3. Wells Fargo
Wells Fargo stands as the third leading bank in United States. The bank has assets adding up to $1.75 trillion.
Citigroup bank is the fourth leading in United States. It has the assets of $ 1.65 trillion.
5. U.S Bancorp
U.S Bancorp bank is the fifth leading bank in United States with $ 530.50 billion of total assets.