20 Largest US Banks Control 57% of All Bank Assets
by New Economy Working Group on Oct 17, 2013 | Views: 135 | 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 |
Sources:
issuu.com
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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.