JPMorgan Chase, Bank of America, Citibank and Wells Fargo’s Total Assets Balloon by $681,710,000,000 in Just Three Months: S&P Global

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The top four US banks have seen their assets grow in the past three months by a whopping $681.71 billion, according to market intelligence firm S&P Global. S&P Global says that the combined assets of JPMorgan Chase, Bank of America, Citibank and Wells Fargo ballooned by 5.9%, or $681.71 billion, in the first quarter of the year. The massive asset growth is in stark contrast to “a 2.9% contraction in the previous quarter.” “JPMorgan Chase & Co., the biggest US bank at $4.358 trillion in total ass...