Banking as a business is structurally fragile. The manner in which banks make money has evolved over the years – unfortunately, towards greater fragility.
Let’s take a look at the largest US Investment Banks & commercial Banks
Bank Of America - $2.2 trillion
2. JP Morgan Chase - $2 trillion
3. Citigroup - $ 1.8 trillion
4. Well Fargo - $ 1.2 trillion
5. Goldman Sachs - $ 0.8 trillion
6. Morgan Stanley - $ 0.77
Source : Anatomy of Froth by Swapnil Pawar
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