Question

Quit While You're Ahead; There are four banks in the United States with more than a trillion dollars in total assets. Name as many of them as you can for 1 point each. Zero total if you get any wrong.

Answer 1

The four U.S. banks with more than a trillion dollars in assets are JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo.

Step-by-step explanation:

The question is asking to name the four banks in the United States with more than a trillion dollars in total assets. Throughout the changes in the banking industry, including bank failures, mergers, and the public’s response to bailouts, the banking landscape has concentrated significantly.

As of 2021, the largest banks by assets are JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo. These banks have consistently been at the top regarding total assets, even as the number of banks has decreased due to the financial crisis and other economic factors.