JPMorgan Chase retains top spot among U.S. banks; still No. 1 in the Valley


Citigroup Inc. is inching closer to joining the $2 trillion asset club occupied by the nation’s two largest banks.

The latest ranking of the country’s 50 largest banks and thrifts released Dec. 10 by S&P Global shows New York City-based Citigroup (NYSE: C) had $1.92 trillion in total assets at the end of the third quarter at No. 3 overall. JPMorgan Chase & Co. (NYSE: JPM) remains at the top of the heap, with total assets of $2.61 trillion, followed by Charlotte, North Carolina-based Bank of…

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