Bank of America Corporation (pro forma): $857.3 billion in domestic deposits
Wells Fargo & Company (pro forma): $721.7 billion in domestic deposits
JP Morgan Chase & Company: $712.3 billion in domestic deposits
Troika Total: $2.2913 trillion
Industry Total: $7.2220 trillion
Troika Market Share: 31.70%
I guess they can push the government around..........
Bank of America data includes banks acquired in Merrill Lynch deal.
Wells Fargo numbers include Wachovia.
Sunday, January 18, 2009
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1 comment:
Not so high and mighty now USA banking system. Big crisis comes boom let 3 banks have more than 30% of all deposits in country. Government is frightened little girl.
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