20 Largest US Banks Control 57% of All Bank Assets
by New Economy Working Group on Oct 17, 2013 | Views: 111 | Score: 1
|Bank assets controlled by US's 20 largest banks||57|
|Bank assets controlled by small and mid-sized US banks||22|
|Bank assets controlled by other factors||21|
Since the onset of banking deregulation, more than half of the local banks with assets of $1 billion or less have disappeared, with disastrous consequences for small community-oriented businesses.