Wells Fargo (#21
Worldwide)
Banking Industry*
Size of Banking
Industry: $11,123
billion
Key interest rate: 0.25%
Number of commercial
banks: 1,716**
Other Banks in
Top 50
US Bancorp
Bank of New York Mellon
JPMorgan Chase
In the Global Finance
rankings of the world’s
safest banks, the US
banking industry only
has 4 of the top 50.
Wells Fargo is the most
highly-ranked American
bank, but only finds
itself at #21 overall,
with a market cap of
$45.8 billion. US
Bancorp finds itself at
#26, while Bank of New
York Mellon and JP
Morgan are at #35 and
#47, respectively.
* Source: US Federal
Reserve, 9/30/08
** Insured
US-Chartered Commercial
Banks that have
consolidated assets of
$300 million or more.
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