Top 10 Banks in the US

Just in case you are looking for the Top 10 Banks in the US, here's a list courtesy by National Information Center website.

1. Bank of America Corporation - Charlotte, NC - $2,340,667,014
2. JPMorgan Chase & Co. - New York, NY - $2,135,796,000
3. Citigroup Inc. - New York, NY- $2,002,213,000
4. Wells Fargo & Company - San Francisco, CA - $1,223,630,000
5. Goldman Sachs Group Inc. - New York, NY - $880,677,000
6. Morgan Stanley - New York, NY - $819,719,000
7. Metlife, Inc. - New York, NY - $565,566,452
8. Barclays Group US Inc - Wilmington, DE - $427,837,000
9. Taunus Corporation - New York, NY - $364,079,000
10. HSBC North America Holdings Inc - New York, NW - $345,382,871

An excerpt from Telegraph website "the three - Bank of America, Wells Fargo, and JP Morgan Chase - are the three largest consumers-focused banks on American high streets, and as a result are particularly susceptible to changes in the consumer cycle." (Telegraph, 2010). Where you could see this profits for 2010 wipe out.

Reference:

National Information Center Top 50 bank holding companies (BHCs) as of 3/31/2010. Retrieved July, 3, 2010, from http://www.ffiec.gov/nicpubweb/nicweb/Top50Form.aspx

Top US banks face $30bn of mortgage losses, warns CreditSights. Retrieved July 3, 2010, from http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7583342/Top-US-banks-face-30bn-of-mortgage-losses-warns-CreditSights.html