U.S. Largest Banks

US banking is regulated by both the federal and state governments and these sector has contribution on the total US economy about 15% of the GDP of the United States or 43% of its national debt. So undoubtedly its a big sector in the entire USA. At present the top ranking US banks are:

1. Bank of America Corp

2. J. P. Morgan Chase & Company

3. Citigroup

4. Wells Fargo & Company

5. Goldman Sachs Group, Inc.

6. Morgan Stanley

7. Metlife, Inc.

8. Barclays Group US, Inc.

9. Taunus Corporation

10. HSBC North America Inc

Source: Federal Reserve System, National Information Center (as of Mar. 31, 2010).