What are the four major banks in the United States?

The four largest banks in the United States are JP Morgan Chase, Bank of America, Wells Fargo and Citigroup.

Is Silicon Valley Bank one of the four major banks in the United States?

Silicon Valley Bank is not one of the four major banks in the United States. The four largest banks in the United States refer to JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo. Silicon Valley Bank is a local commercial bank headquartered in San Jose, California, which mainly serves technology companies and entrepreneurial enterprises in the Silicon Valley area.

What are the four major banks in the United States?

1. JPMorgan Chase

JPMorgan Chase Group, known as Seymour or JPMorgan in the industry, is headquartered in New York, USA. With assets of US$2.5 trillion and total deposits of US$1.5 trillion, accounting for 25% of the total deposits in the United States, and with more than 6,000 branches, it is one of the largest financial services institutions in the United States.

JPMorgan Chase was formed in 2000 from the merger of Chase Manhattan Bank and J.P. Morgan & Company, and acquired the First Bank of Chicago, Bear Stearns Bank and Washington Mutual Bank respectively.

JPMorgan Chase is a multinational financial services institution and one of the largest banks in the United States, with operations in more than 60 countries, including investment banking, financial transaction processing, investment management, commercial financial services, personal banking, etc.

JPMorgan Chase is headquartered in the First Chase Manhattan Plaza in Manhattan, and some banking operations are moved to the JPMorgan Chase Tower in Houston, Texas.

On June 7, 2017, the 2017 Fortune 500 list was released, with JPMorgan Chase ranked 21st. On April 22, 2018, the 2017 ranking of the world's most profitable companies was released, with JPMorgan Chase ranked 12th. ?On June 7, 2018, the "Forbes Global 2000 Global Public Companies" list was released, and J.P. Morgan ranked 3rd. On July 19, 2018, the "Fortune" World's 500 list was released, and J.P. Morgan ranked 47th. .

International rankings

The 2010 Fortune English website released the latest ranking of the 2010 Fortune Global 500 companies, ranked 25th.

The 2011 "Fortune" English website released the latest ranking of the 2011 "Fortune" world's top 500 companies, ranked 36th.

The 2012 "Fortune" English website released the latest ranking of the 2012 "Fortune" world's top 500 companies, ranked 51st.

2. Bank of America

Bank of America is the largest commercial bank in the United States in terms of assets; in 2006, it was the third largest company in the world according to Forbes' 2000 ranking. The bank's founding can be traced back to the Bank of Massachusetts in 1784, making it the second oldest bank in the United States. "Fortune" magazine released the latest list of the top 500 companies in the United States on the evening of June 7, Beijing time. Bank of America ranks 26th, operating income: 93,662.

Bank of America not only considers itself a bank, but also considers itself a "builder of society" and "neighbors and friends of customers", using these concepts to emphasize that they are engaged in more than just dealing with money. , but also helping others and society achieve higher goals. With this positioning, Bank of America has established a good public welfare image.

"HigherStandards" is the corporate slogan of Bank of America. This simple and clear slogan often appears together with the name of Bank of America. It is displayed in red on employees’ business cards and badges, in eye-catching places in branch locations, in various promotional materials, and even on the background walls of large meetings. The logo makes the concept of "HigherStandards" deeply rooted in the hearts of the people.

Bank of America's external publicity goal is to make its brand as household a name as Apple computers and Nike sneakers. Therefore, unlike the traditional approach, which generally believes that bank brands do not need to advertise, Bank of America launched a year-long advertising campaign on television, newspapers, magazines and radio stations with a total value of US$100 million starting in September 2000. Bank of America also promoted through various print media and outdoor advertising, especially in some important locations, and achieved ideal results.

3. Citigroup

Citigroup is headquartered in New York City, USA. It is one of the largest banks and financial institutions in the world. It was formed in 1998 through the merger of Citigroup and Travelers Group. was completed and rebranded and listed at the same time.

The history of Citigroup begins with the establishment of Citibank, which was formed in 1955 through the merger of Citibank of New York and First National Bank of New York.

After the merger, it was renamed First Citibank of New York. In 1962, it was changed to First Citibank. It was changed to its current name on March 1, 1976. Citigroup is the first financial group in the United States to integrate commercial banking, investment banking, insurance, mutual funds, securities trading and many other financial services businesses. The merged Citigroup has total assets of US$700 billion, net income of US$50 billion, 100 million customers in 100 countries, and approximately 60 million credit cards issued.

Corporate culture

People-oriented

The core of corporate culture Citibank has established a "people-oriented" strategy since its founding, attaching great importance to the cultivation and use of talents. . Its human resources policy is mainly to continuously create a family-friendly corporate atmosphere of "retaining people with career, retaining people with benefits, and retaining people with love", allowing employees to grow simultaneously with the company, and giving employees a "sense of accomplishment" and "a sense of home" at Citi. .

Citibank CEO Sandy Weir’s annual salary is as high as 152 million U.S. dollars, ranking at the forefront of American CEOs; taking Citibank Shanghai Branch as an example, each functional department has a number of deputy manager positions, generally with a bachelor’s degree Graduates can be promoted to deputy managers after three years of work, and graduates with master's degrees can be promoted to deputy managers in one year. Their income is several times or even dozens of times that of the same "rank" in China.

Customer first

The soul of corporate culture The best part of Citibank’s corporate culture is to regard improving service quality and customer-centeredness as the bank’s long-term strategies, and fully realize the implementation The key to this strategy is to have a brand that attracts customers. After painstaking exploration, Citigroup achieved success. In 2006, Citibank's business market covered more than 100 million customers in more than 100 countries around the world, and its service brand is world-renowned. In the eyes of many customers, the word "Citi" represents a world-class financial service standard.

Seeking innovation

The sublimation of corporate culture Citibank is constantly innovating in everything from development strategies to service forms. It believes that transformational and bold decisions are the key to breakthrough business growth, and that if you can foresee the future, you own the future. This means that companies must innovate endlessly and continuously.

4. Wells Fargo

Wells Fargo was founded in 1852 by HENRY WELLS and WILLIAMFARGO, and is the bank with the highest market capitalization in the world. Wells Fargo is a full-service bank with business lines including community banking, investments and insurance, mortgages, specialty lending, corporate loans, personal loans and real estate loans. "Fortune" magazine released the latest list of the top 500 companies in the United States on the evening of June 7, 2017, Beijing time. Wells Fargo ranks 25th.

Corporate Culture

The English name of Wells Fargo is WellsFargo, derived from the names of the two founders, and the slogan is derived from Togetherwe\'llgofar.

Wells Fargo is an all-around customer-oriented bank. It always adheres to customer-centricity, meets all customers' financial needs, helps them achieve financial success, and works together with customers. growing up. This cultural concept runs through product design, sales and services, and has become Wells Fargo's core philosophy and development driving force. Wells Fargo summed up decades of business experience and came up with the "Top Ten Proactive Strategies", the third of which is "doing the right things for customers."

5. Bank of New York Mellon

Bank of New York Mellon has more than 1 trillion US dollars in assets under management, ranking among the world's largest asset managers, and with its more than 18 trillion U.S. dollar custody and custody assets have become the world's leading asset service provider. It will rank among the top 10 U.S. wealth managers with more than $160 billion in client assets and is a leading U.S. provider of cash management and global payment services.

The company has a balanced business structure with diversified revenue and earnings around the world, as well as presence in the fast-growing asset management and securities services industries.

Bank of New York Co. Ltd. and Mellon Financial Corp. announced plans to merge in December 2002, and shareholders of both companies overwhelmingly approved the deal in May this year.

The company's annual revenue is approximately US$13 billion, with a pro forma market value of approximately US$50 billion. The company is headquartered in New York and has 40,000 employees around the world.

Mellon Financial Corporation is the fifth largest asset custody group in the world, with total assets under custody and management reaching US$4 trillion, of which assets under management are US$729 billion. The company, through its subsidiaries, provides wealth management and global investment management to individual and financial institutional investors, global investment services to corporations and institutions, and a variety of banking services to individuals and small, medium and large enterprises and institutions. .

The four largest banks in the world

The four largest banks in the world are HSBC, Citibank, Bank of America, and JPMorgan Chase.

Extended information:

HSBC is a foreign-funded bank. Its full name is The Hongkong and Shanghai Banking Corporation Limited. Its literal translation in Chinese is "Hong Kong and Shanghai Banking Corporation Limited". Its English abbreviation is HSBC, and its Chinese abbreviation is HSBC. "HSBC" means "rich remittances".

The Hongkong and Shanghai Banking Corporation Limited is a wholly-owned subsidiary of HSBC Holdings plc. It is a founding member of the HSBC Group and its flagship in the Asia-Pacific region. It is also the largest registered bank in Hong Kong, China, and one of the three largest banks in Hong Kong, China. One of the note-issuing banks and Standard Chartered Bank). Headquartered in the HSBC Building, 1 Queen's Road Central, Central, the Hongkong and Shanghai Banking Corporation and its subsidiaries currently have more than 700 branches and offices mainly in the Asia-Pacific region.

Citibank is a retail bank under Citigroup. Its main predecessor is the "City Bank of New York" established on June 16, 1812. After nearly two centuries of development, mergers and acquisitions, it has become the largest bank in the United States. One of the largest banks in the world, it is also a major international bank with branches in nearly 150 countries and regions around the world. It is headquartered at 399 Park Avenue, New York City.

On September 19, 2012, Citibank Co., Ltd. announced the official operation of its credit card business in China in Shanghai.

Bank of America, formerly known as "Bank of America" ??in Chinese, was founded in October 1968 and is headquartered in San Francisco, USA.

It is the largest commercial bank in the United States in terms of assets; in 2006, it was the third largest company in the world according to Forbes' 2000 ranking.

The bank's founding can be traced back to the Bank of Massachusetts in 1784, making it the second oldest bank in the United States.

Fortune magazine released the latest list of the top 500 companies in the United States on the evening of June 7, Beijing time.

Bank of America ranks 26th, operating income: 93,662.

JPMorgan Chase Group, known in the industry as Seymour or JP Morgan, and Chinese people are accustomed to calling it "Morgan Bank", is headquartered in New York, USA, with total assets of US$2.5 trillion and total deposits of US$1.5 trillion, accounting for It accounts for 25% of the total deposits in the United States and has more than 6,000 branches. It is one of the largest financial services institutions in the United States. JPMorgan Chase was formed in 2000 from the merger of Chase Manhattan Bank and J.P. Morgan Company, and acquired the First Bank of Chicago and Bear Stearns Bank respectively. and Washington Mutual Bank.

JPMorgan Chase is a multinational financial services institution and one of the largest banks in the United States, with operations in more than 60 countries, including investment banking, financial transaction processing, investment management, commercial financial services, personal banking, etc.