Ranking the 10 Largest Banks in America after the 2023 Banking Crisis
Like a game of dominoes, we all witnessed the collapse of the banks in America one after another. The event was the second-biggest banking crisis in the history of the country. It all began in March 2023 with the Silicon Valley Bank, which quickly went from being one of the largest banks to a bankruptcy-led shutdown. A week later, Credit Suisse and the First Republic followed suit as things went downhill. The saving grace for Credit Suisse was its rival bank UBS, who purchased Credit Suisse in a deal close to $3.3 billion to mark the biggest banking merger since 2008. On the other hand, First Republic was purchased by JP Morgan Chase—the biggest bank in America. While JPMorgan Chase is still the largest bank in the country, it is natural to wonder how other banks compare to JPMorgan. To gauge a clearer picture of the banking scenario, here are the 10 biggest banks in America including JPMorgan Chase, ranked one by one for your comparison. Here are the 10 Largest Banks in America after...