AssetsTotal equityTier 1
in billions ratio*
Bank of America$2.3 trillion $233 11%
Charlotte, N.C.
J.P. Morgan Chase$2.0 trillion $171 12%
New York
Citigroup$1.9 trillion $155 12%
New York
Top 5 U.S. banks
September 22, 2010 at 1:36AM
Wells Fargo & Co.$1.2 trillion $121 10%
San Francisco
U.S. Bancorp$283 billion $29 10%
Minneapolis
*Compares bank capital to risk of its assets. Well-capitalized banks have a Tier 1 Capital Ratio of 6 percent or more.
Source: SNL Financial, company financial reports
about the writer
But spending to spend can create a deficit of emotion. Morgan Housel’s “The Art of Spending Money” is a good primer on how to make decisions.
