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BANK OF AMERICA COROPORATION

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Bank of America Corporation

The bank of America is the number one bank in terms of assets. According to the report of 2010, its asset is $2,340,667,014. The bank is also recognized as largest US commercial bank by deposit and the second largest bank by market capitalization. Mr. Kenneth d. Lewis is the present C.E.O and President of the Bank of America who command to serve the client to an army of over 280,000 officials throughout the world. CHARLOTTE, North Carolina is recognized as the home to bank of America. The central bank of an America is Federal Reserve Bank. So, the Bank of America performs the function under the recommendation of the Federal Reserve Bank. According to the report prepared on August 2009 on deposits, the bank of America holds 12.2%of all U.S deposits. The Bank of America is recognized as one of the Big Four Banks of the United States, along with Citigroup, JP Morgan chase and Wells Fargo — its main competitors.

The banks serve the clients in more than 150 countries and have relationship with 99% of the US. To promote an environmentally-friendly business, it has committed to provide $20 over next 10 years. It has reached the various locations of globe to provide its services. It has employed over 205,000 employers for its better performance. The bank is serving about 53 million consumers across the USA through the network of 6000 retail outlets and by providing the facility of 18000 ATM in different places. It also provides the online banking system over 29 million active users. The main businesses of Bank of America Corp include consumer, corporate, investment banking, and investment and wealth management.
BANK OF AMERICA COROPORATION
The bank of America offers the full range of retail banking services such as checking and savings accounts, deposits, credit and debit cards, consumer and auto loans, mortgage loans and refinancing solutions, pension plans and insurance solutions to their individual clients. Bank of America offers tailored corporate banking services, encompassing asset-based financing and asset management, wealth and investment management and advisory services, equities, foreign exchange and futures management, industrial leasing solutions, merchant services, supervision and consulting on mergers and acquisitions to its corporate and institutional clients. Bank of America has been engaged in the financing of many public and public-private initiatives and projects in the spheres of education, health care, sports, natural resources management, environmental care, non-for-profit organizations, etc in cooperation with governments and other state institutions around the world.

The bank of America mainly supports the small and medium sized enterprises. So, for the development in the small and medium sized enterprises, the bank of America offer the variety of business banking solution including business accounts, debit and credit cards, payments and money transfer assistance, business consulting, tax advisory and project financing services, online business suite, market planning, electronic commerce strategies and loans for healthcare practitioners.

JP MORGAN CHASE AND COMPANY

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JP MORGAN CHASE AND COMPANY

J.P Morgan is one of the oldest and best reputed financial bank in the world. This bank is located in the heartland of the COLUMBUS, OHIO. They have served the banking services in more than 60 countries. It is a leader in financial services with assets of $2,135,796,000 and the largest market capitalization and third largest deposit base U.S. banking institution behind Wells Fargo and Bank of America. The president, C.E.O and chairman of managing board of JP Morgan chase and Company of America is Mr. James L. Dimon. As of the end of 2009, the hedge fund unit of JP Morgan Chase is the largest hedge fund in the United States with $53.5 billion in assets. Formed in 2000, when Chase Manhattan Corporation merged with JP Morgan and Co, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and governmental clients. The company’s main businesses include investment and private and corporate banking, asset and wealth management, insurance services, as well as treasury and securities services.

The JP Morgan brand is used by the Investment Bank as well as the Asset Management, Private Banking, Private Wealth Management, and Treasury & Securities Services divisions. The Chase brand is used for credit card services in the United States and Canada, the bank's retail banking activities in the United States, and commercial banking. The activities performed by the company are oriented towards their clients. The company also produces the best products and delivers it at the lowest possible cost. The bank have employed over 220,000 employees for its better performance in serving million of consumers in USA and globally. JP Morgan Chase is one of the Big Four Banks in the United States, along with Bank Of America, Citigroup and Wells Fargo.

It provides the facilities of everyday banking such as checking and deposit account management, credit and debit card issuance, ATM services and channels for online and telephone banking, consumer, education and home lending JP MORGAN CHASE AND COMPANYsolutions, mortgage and auto loans to the individual clients of this bank, whereas the clients of the company from the higher walk of life may take advantage of specially-tailored asset and private wealth management solutions and investment advisory services. The corporate clients of the company may choose from a set of corporate banking services, including market analysis, corporate investment risk management, corporate lending, while the firm’s Treasury & Securities Division offers a set of treasury services including global trade assistance, core cash and liquidity management, import and export advisory, and investment consulting. Through partnerships with some of the biggest lenders and charities in the world, JP Morgan has financed a significant number of public projects in the spheres of education, sports, health care, environment, science, and technologies.

JP Morgan also supports the small and middle sized enterprises. So, for the support in small and middle sized enterprises, the financial experts of JP Morgan offer a set of integrated banking services, including leasing solutions for the purchase of materials and equipment, business crediting and real estate financing, financial support for business projects, and market advisory services.

CITIGROUP INC.

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CITIGROUP INC.

Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group on April 7, 1998. Citigroup Inc. has the world's largest financial services network, spanning 140 countries with approximately 16,000 offices worldwide through a network of about 16,000 home based and international offices. Citigroup is the third largest bank holding company in the US with $2,002,213,000 assets. It’s headquarter is in New York. It has succeeded to establish its branches in different parts of the world. It has spreads in the place like Australia, Bangladesh, Indonesia, Puerto Reco,Jamaica, Zambia(in Africa),Austria, United Arab emirates, Poland and of course in its own country New York. Citi is established in different brands including Citi bank, Citi Financial, CitiMortgage and Smith Barney. Its largest shareholders include funds from the Middle East and Singapore. The citigroup offers insurance,credit card and investment products to its clients. Their online services division is among the most successful in the field, claiming about 15 million users. The citigroup provides the facilities of the automated teller machine,credit cards and automated banking card.Citigroup is one of the Big Four Banks in the United States, along with Bank of America, JP Morgan Chase and Wells Fargo.

Citi group have two major branches. They are Citicorp and Citi Holdings.
a. Citi Corp:It fulfills the banking needs of the institutional clients ,provides the transaction services, securities and fund management, market making solutions, underwriting and corporation loans and so on.
b. Citi Holdings:This branch of citigroup is now engaged in brokerage and asset management.
CITIGROUP INC.
Citi’s financial experts are pleased to offer the full range of retail banking services, including checking and savings accounts, an online banking channel and a call center available 24/7; the full range of credit and debit cards, including credit cards for small businesses, financial need analysis, individual retirement accounts, investment and private banking services, personal, student and auto loans, mortgage loans, and commercial real estate loans to their individuals clients. Citi Group’s investment banking division provides financial advisory and capital raising services to corporations, financial and state institutions, as well as mergers and acquisitions supervision and advisory, restructuring solutions, and equity management. Citi’s corporate banking business provides cash and foreign exchange management, trade finance and custody clearing and loans to large international corporations. The group’s commercial banking unit caters for the banking needs of small and medium sized enterprises, providing them with a wide range of financial services including working capital management, commercial lending, foreign exchange and currency hedging services, market investments, etc.

WELLS FARGO AND COMPANY

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WELLS FARGO AND COMPANY

Wells Fargo and Company was firstly established in March 18,1852.Wells Fargo is recognized as the second largest bank in terms of deposits, mortgage services, credit card and debit card business, Third largest bank by market capitalization and fourth largest bank by assets i.e., $1,223,630,000. The Chairman of the board, C.E.O and C.F.O of Wells Fargo and company are Mr. Dick Kovacevich, Mr. John G. Stumpf, and Mr. Howard I. Atkins respectively. Wells Fargo and Company is headquartered in San Francisco, California. This company publicly traded at the New York Stock Exchange. Wells Fargo is a result of an acquisition of California-based Wells Fargo & Co. by Minneapolis -based Norwest Corporation in 1998. This company publicly traded at the New York Stock Exchange. Wells Fargo has 6,650 retail branches, 12,260 ATM's, 276,000 employees and over 48 million customers. Wells Fargo is one of the Big Four Banks of the United States with Bank of America, Citigroup and JP Morgan Chase.

Wells Fargo provides no. of facilities to their clients. The main WELLS FARGO AND COMPANYservices provided by this company are personal banking, retail banking, loan, investment and insurance services, commercial banking, community banking, brokerage, internet banking, calibers and so on. It also offers mutual funds under the Wells Fargo Advantage brand name and Evergreen Funds. The business online banking, provided by Wells Fargo, allows the users to access their account through the internet, manage cash flow, transfer funds and view transaction details. The service also includes direct payment and foreign exchange and online invoicing. Wells Fargo and company provides the online banking including account monitoring, bill payment and money transfer options online brokerage and free online reports. The company also has a mobile banking channel which allows their customers to store and organize copies of important family documents. The investment and insurance department of the company provides its clients with premium private banking services, mutual funds, brokerage, retirement plans and insurance solutions. The offials of Wells Fargo and Company offer a comfortable number of corporate banking and financial services including anti-fraud strategies risk assessment and management services, leasing plans for the purchase of equipment, treasury management, corporate financing, international financial services, commercial loans, etc to their corporate clients. The company offers a wide range of financial services for state institutions, educational establishments, health care and nonprofit organizations through its Government & Institutional Banking business.

Wells Fargo offers a set of tailored banking and finance solutions such as business account management and credit card issuance, merchant card processing, loans and credit lines for the purchase of equipment and means of production, payroll and business insurance services, international trade assistance, cash and credit management, and international money transfer assistance in support of the small and medium-sized business.

GOLDMAN SACHS GROUP,INC

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 GOLDMAN SACHS GROUP, INC

Goldman Sachs was founded in 1869 and is headquartered at 200 West Street in the Lower Manhattan area of New York City. Its founder is Marcus Goldman. Lloyd C. Blankfein is the C.E.O and Chairman of the board of the Goldman Sachs Group, inc. The Goldman Sachs Group is a commercial bank and also a global investment banking and securities firm. This firm is recognized as a strong investment bank division.This firm is engaged in investment management, mergers and acquisitions advice, underwriting services, asset management, prime brokerage, investment banking, and other financial services to the institutional clients. Goldman Sachs also utilizes its own capital in long term and short term investments. Its main target is to provide various services to the institutional clients. Goldman Sachs group, Inc is recognized as the fifth largest bank by the asset and its asset is $880,677,000.It have employed 32,500 employees for its better performance.

Goldman Sachs Company provide different type of financial services to their clients including corporations, financial institutions, governments and high-net-worth individuals. Goldman Sachs company operates its work in three segments and they are Investment Banking,Trading and Principal Investment and Asset Management and Securities Services.The three segments of its operation are described below:

A. Investment Banking
Goldman Sachs company will definitely provides the investment banking services to the corporations, financial institutions, investment funds, governments and individuals when it is recognized as the investment bank of USA. So, the customers of this company can get the better facility in investment banking. Advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings and spin-offs are prepared by the financial advisory of the company.The bank offers the public and private placement of the wide range of securities and financial instruments like convertible and exchangeable securities,soverign and emerging market debt,municipal debt, bank loans, common and preferred stock,etc. The Company engages in underwriting and origination of various types of debt instruments, including investment-grade debt securities, high-yield debt securities, bank and bridge loans and emerging market debt securities, which may be issued by, among others, corporate, sovereign and agency issuers. In addition, it underwrites and originates structured securities, which include mortgage-related securities and other asset-backed securities and collateralize debt obligations.

B. Trading and Principal Investments.
Trading and Principal Investments encourage customer transactionGOLDMAN SACHS GROUP,INCs with corporations, financial institutions, investment funds, governments and individuals, through market making in, trading of and investing in fixed income and equity products, currencies, commodities and derivatives on these products. In addition, Goldman Sachs engages in market-making activities on equities and options exchanges, and it clears customer’s transactions on stock, options and futures exchanges worldwide. Its Trading and Principal Investments segment is classified into three components: Fixed Income, Currency and Commodities, Equities and Principal Investments. These three components of the company assists its clients with their trading and investing activities. Goldman Sachs markets in and trades a range of credit and credit-linked products worldwide, including credit derivatives, investment-grade corporate securities, high-yield securities, bank and secured loans, municipal securities, and emerging market and distressed debt. . Principal Investments primarily include net revenues from three sources: returns on corporate and real estate investments; overrides on corporate and real estate investments made by merchant banking funds that the Company manages, and its investment in the ordinary shares of Industrial and Commercial Bank of China Limited (ICBC).

C. Asset Management and Securities Services
The company provides investment products to the institutitons and individuals worldwideand also provide wealth advisory services.The transaction of revenues are also generated by the asset management of this bank in the form of management and incentive fees.The services provided by the securities services are prime brokerage services, hedge funds, mutual fundspension funds and foundations, and to high-net-worth individuals worldwide, and generates revenues primarily in the form of interest rate spreads or fees.

Asset Management and Securities Services segment is divided into two components: Asset Management and Securities Services. Asset Management primarily consists of two related businesses; Goldman Sachs Asset Management (GSAM) and Private Wealth Management (PWM), through which it offers a range of investment strategies and wealth advisory services to customers worldwide. Asset Management includes management fees related to its merchant banking activities. GSAM distributes investment products directly to the firm’s institutional clients, including pension funds, governmental organizations, corporations, insurance companies, banks, foundations and endowments, and indirectly to institutional and individual clients, through third-party distribution channels, including brokerage firms, banks, insurance companies and other financial intermediaries.

MORGAN STANELY

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MORGAN STANELY

Morgan Stanley is the global financial services firm founded in 1935 to MORGAN STANELYserve a diversified group of corporations, governments, financial institutions, and individuals. It headquarter is in Midtown Manhattan, New York City, New York, United States. John J Mack is the chairman and James P. Gorman is the President and C.E.O of Morgan Stanley. It has employed 1, 00,000 employees for its better performance. Its main products are financial services, Investment Banking, Commercial Banking, Commodities, Investment Management and Retail Brokerage. It operates in 36 countries around world through a work office over 60,000 and over 1000 offices. The company is recognized as the sixth largest bank according to its assets and its asset is $819,719,000. The main areas of business for the firm today are Global Wealth Management, Institutional Securities and Investment Management.

METLIFE INC.

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METLIFE INC.


Met life, Inc. is popular in USA for the Metropolitan Life Insurance Company. The firm was founded on March 24,1868.Metlife Inc is also recognized as the seventh largest bank on the basis of its assets i.e., $565,566,452.This company serves to 90 of the largest Fortune 100 companies. This company is the largest life insurer in the United States and a leader in saving and retirement products and services for individuals, small business, and larger institutes. Its headquarter is at 1095 Avenue of the Americas in Midtown Manhattan, NewYork City.
Metlife inc provides different services to its customers. It serves group benefits and individual benefit products. The products of this firm are: Auto & Home Insurance, Annuities, Life insurance, Group Life Insurance, Disability Insurance, Group Disability Insurance, Mutual funds and other investments, Long-term care insurance, Group Dental Insurance, Fee-based financial planning, Wealth management, Banking and financial services, Commercial and residential mortgages and Retirement planning. Its products and services also include money market accounts, savings, certificate of deposit, individual retirement accounts, mortgages, reverse mortgages, auto loans, fixed-rate mortgage, and home equity loans and lines of credit.

BARCLAYS GROUPS US INC

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BARCLAYS GROUPS US INC


Barclays plc was founded in 1690 in Wilmington. The Chairman, Group Chief Executive and Executive Director and President of this company are Marcus Agius, John S. Varley, and
Robert Diamond. This company reached in the eight position among the bank of USA on the basis of assets and its asset is $427,837,000.Barclays Plc is the 25th largest company in the world.The products of this company are Retail banking, Commercial banking, Investment banking, Investment management, and Private Equity. The number of employees in this bank is 1,48,000.Barclays plc have established its branches in fifty countries and have 4,750 branches.

Barclays Global Investors is an investment management companBARCLAYS GROUPS US INCy that aims at wealthy individuals and families and has a presence around the world. Barclays Wealth and Barclays Private Clients International make up its private banking arm, which offer bespoke advice to wealthy individuals. Its investment banking operation, Barclays Capital is the largest wholesale operation of any of the high street British banks. Barclays provides all types of insurance, including car, travel, home, life and health insurance. Barclays offers a number of current accounts. Barclay plc is one of the most active banks in attempting to get customers to pay for current account banking by offering premium services. There is a large range of savings products, aimed both at long term and short term savers. There are also unsecured (personal) loans and secured (homeowner) loans along with financial planners and stockbrokers as part of its investment services offering with a strong selection of fixed income products. Barclays has tried very hard in recent years to cross sell services to existing clients. It has 1,800 branches in UK. Barclays operates the Woolwich brand as a specialist mortgage provider. Woolwich offered mortgages particularly to the amateur landlord market, the buy to let market. Barclays also offers mortgages under their own brand and through their own branches. They offer secured and unsecured loans via the Post Office.

Barclays Plc offers products such as business loans, debt collection and foreign exchange management for the small and medium sized business. This company also has the strong commercial banking so that it can provide the services of loan, debt collection and foreign exchange services to the customers. They are a leading presence in the fast growing franchising sector. They sell themselves as a personal banking service for business owners, with a personally dedicated business bank manager, and free consultations with professionals, tax advice and legal advice. Barclays has one of Britain’s strongest asset finance companies, which lends against assets and at times buys back and leases assets such as company premises and company car fleets.

TAUNUS CORPORATION

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Taunus corporation was founded in 1999.The company is headquatered in New York City and is headed by Mr. John Ross, CEO. This company is recognized as the reliable provider of premium financial services to state agencies, corporations, governments, private individuals and institutions in the Americas. The body is currently operating as a bank holding company for Deutsche Bank Trust Company Americas and Deutsche Bank Securities Inc. The company reaches in the 9th position on the basis of its assets and its asset is $364,079,000. Taunus currently has 23,000 employees. Being part of the Deutsche Bank family, Taunus Corporation has developed retail banking, asset management, and corporate banking businesses. The retail banking business of Taunus Corporation encompasses everyday banking solutions such as checking and savings account management, online and telephone banking, money transfer and payment assistance, credit and debit card issuance and wealth management services, while the bank’s loan portfolio contains consumer loans, mortgage and realty financing, etc.

The company provides different types of services according to its businesTAUNUS CORPORATIONs. So to their small business clients, the financial arm of this company offers a set of integrated financial services, including business banking, agriculture loans and leasing solutions for the purchase of equipment and vehicles, business project financing, risk assessment and management services, investment advisory, and business insurance options. To their corporate clients the Taunus team has to offer a rich variety of premium financial services including cash management, equity-linked products and services, asset management, leasing solutions and industrial loans, commercial real estate finance, corporate brokerage, market analyses, global trade assistance, corporate payment and transactions, mergers and acquisitions supervision and consulting, trust and securities services, including safekeeping and clearing services for securities in more than 30 markets worldwide.

The American subsidiary of Deutsche Bank is committed to the financing and development of various projects in the spheres of consumer protection, health care, the mass media, leisure and hospitality, environmental protection and natural resources management, technology and telecommunications through the partnership with governmental institutional and charity organization. The management of Deutsche Bank has announced that all of its facilities in the Americas shall be powered by green energy in order to reduce the CO2 emissions. For the achievement of this goal, the management of Deutsche Bank has agreed to purchase electricity generated from renewable energy sources for 2009-2010 in the amount of 160,000 megawatt hours per year. The bank also participated in a number of initiatives for climate change management. In November 2009, Asia Risk Magazine tagged Deutsche Bank the Private Bank of the Year, with regard to the outstanding performance of their Private Wealth Management Unit.

HSBC BANK OF U.S.A

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HSBC BANK OF U.S.A

HSBC Bank USA, North America is one of the top ten bank situated in America.The official headquater of this company is located in Wilmington, Delaware but its main office is located on Fifth Avenue, New York The company is able to reach the 10th position among the bank of America on the basis of its asset which is $345,382,871. It is also one of the largest commercial banks of America. HSBC Bank is the sixth largest company in the world. HSBC Bank USA NA (National Association) is a nationally chartered bank, regulated by the Office of the Comptroller of the Currency (OCC), Department of the Treasury. This company had recently received Charter One Financial for $10.5 billion. The holding has 9500 offices in almost 90 countries all over the world. This company operates more than 470 branches throughout US with over 375 in New York State in addition to some 20 to 25 branches in other state which include Florida, Connecticut, Pennsylvania, Washington, D.C., California, New Jersey, Maryland, Virginia, Delaware, Illinois, Oregon and Washington State.

This bank provides the essential services to the people like online bHSBC BANK OF U.S.Aanking and multiple products for both personal and small business. The company provides the personal financial services, credit cards, insurance products, commercial banking include deposits, loans, payments and cash supervision, corporate finance, insurance and investment management, merchant services, and risk advisory to NGOs, governmental units and private companies, private banking, global banking markets, and residential mortgage loans in cooperation with its subsidiary HSBC Mortgage Corporation. HSBC Company offers insurance and personalized programs to company employees. The body deals specifically with private label credit cards, financial services for taxpayers, real estate loans and specialty insurance. The Corporation is made up of Card and Retail Services, Consumer and Mortgage Lending, HSBC Insurance and Taxpayer Financial Services. The Card and Retail Services rate fifth among providers of Visa and MasterCard. The bank runs Accommodation program to offer assistance to employees with disabilities. Examples of accommodation requests which were catered for include special chairs for persons with recent back surgeries and securing wheelchair access at various locations.

U.S. BANCROP

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U.S. BANCROP

U.S. Bancorp is a financial services holding company, headquartered in Minneapolis, Minnesota. With 3,025 offices and 5,312 ATMs, U.S. Bank serves 24 states. The company employs over 60,000 people. U.S. The asset of this company is $282,428,000 and this place the company in 11th position as on asset of 2010.Bank National Association (U.S. Bank) is a nationally chartered bank, regulated by the Office of the Comptroller of the Currency, Department of the Treasury.

U.S. Bancorp offers regional consumer and business banking and wealth management services, national wholesale and trust services, brokerage, insurance, investment, mortgage and global payments services to more than 15.8 million customers. The company offers variety of financial services to businesses, private individuals, municipalities and other government institutions. It provides the international banking services worldwide, including credit, debit, merchant processing, electronic check, and gift cards. The holding’s payment services include corporate and retail payment programs, as well as healthcare and financial services. The wholesale banking comprises of national corporate banking, treasury management, foreign exchange, international and government banking, SME equipment finance, commercial real estate, etc. U.S. Bancorp’s wholesale business works with large companies, NGOs and municipalities. The body provides investments, financing, leasing payments, deposit services treasury management services, and international trade financing. U. S. Bancorp also offers security services and wealth management, guaranteeing custody, delivery, and obligation.

PNC FINANCIAL SERVICES GROUP INC

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PNC FINANCIAL SERVICES GROUP INC

PNC financial services are a U.S.-based financial services corporation, with assets of approx. $265,432,977. According to the asset of 2010, the bank is recognized as the 12th bank of America.Its headquarters are in Pittsburgh, Pennsylvania, United States. It was established in 1852. The present C.E.O and Chairman of this company is Jim Rohr. PNC operations include a regional banking franchise operating primarily in seventeen states and the District of Columbia, specialized financial businesses serving companies and government entities, and leading asset management and processing businesses. PNC is the 3rd largest provider of off-premise 6,000 ATM's in the United States. It had employed 60,000 employees across the United States and abroad. This company has 2,600 branches in 15 states and the District of Columbia. It have customers approximately 6 ,million consumer and small business consumers.

The PNC Financial Services Group, Inc. ("PNC") provides investment and wealth management, fiduciary services, FDIC-insured banking products and services and lending and borrowing of funds through its subsidiary, PNC Bank, National Association, which is a Member FDIC, and provides certain fiduciary and agency services through PNC Delaware Trust Company. Securities products and brokerage services are offered through PNC Investments LLC, a registered broker-dealer and member of FINRA and SIPC. Insurance products and advice may be provided by PNC Insurance Services, LLC, and/or National City Insurance Group, Inc., licensed insurance agency affiliates of PNC, or by licensed insurance agencies that are not affiliated with PNC; in either case a licensed insurance affiliate will receive compensation if you choose to purchase insurance through these programs. A decision to purchase insurance will not affect the cost or availability of other products or services from PNC or its affiliates. PNC does not provide legal, tax or accounting advice.



THE BANK OF NEW YORK MELLON CORP.

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THE BANK OF NEW YORK MELLON CORP

The Bank of New York, abbreviated or BNY, was a global financial services company established in 1784 by the American Founding Father Alexander Hamilton. It existed until its merger with the Mellon Financial Corporation on July 2, 2007. The bank now continues under the new name of The Bank of New York Mellon. It was founded in 1784-06-09.this company is recognized as one of the largest asset management and security servicing company in the world.The asset of this company in the present days is $220,966,000 which makes the company to gain 13th position in the bank of America.

The company have two principal banks. They are:
  1. The Bank of New York Mellon:This bank houses its institutional businesses, including Asset Servicing, Issuer Services, Treasury Services, Broker-Dealer and Advisor Services and the bank-advised business of Asset Management.
  2. BNY Mellon, National Association (BNY Mellon, N.A.):It is a nationally chartered bank, which houses its Wealth Management business. Its United States bank subsidiaries engage in trust and custody activities, investment management services, banking services and various securities-related activities.
The Company operates in seven segments:THE BANK OF NEW YORK MELLON CORP.
  1. Asset Management,
  2. Wealth Management,
  3. Asset Servicing,
  4. Issuer Services,
  5. Clearing Services,
  6. Treasury Services
  7. Other.

CAPITAL ONE FINANCIAL CORPORATION

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 CAPITAL ONE FINANCIAL CORPORATION

Capital one financial corporation headquarters are located in McLean,Virgina. The corporation is recognized as the 14th largest bank of America according to its asset which is about $200,707,587. The company is listed on the New York Stock Exchange and maintains 8th position for having the largest deposit portfolio in the country and is the United States Postal Service’s 4th largest customer.

Capital One Financial Corporation is an American bank holCAPITAL ONE FINANCIAL CORPORATIONding company which concentrates on retail and commercial lending and deposits by providing the services of credit cards, debit cards, home and auto loans, banking and savings to consumers, small business and commercial clients. Credit Card includes the Company's domestic consumer and small business card lending, domestic national small business lending, national closed end installment lending and the international card lending businesses in Canada and the United Kingdom. Commercial Banking includes the Company's lending, deposit gathering and treasury management services to commercial real estate and middle market customers. The Commercial segment also includes the financial results of a national portfolio of small ticket commercial real estate loans that are in run-off mode. Consumer Banking includes the Company's branch based lending and deposit gathering activities for small business customers as well as its branch based consumer deposit gathering and lending activities, national deposit gathering, consumer mortgage lending and servicing activities and national automobile lending. The Company's earnings are primarily driven by lending to consumers and commercial customers and by deposit-taking activities which generate net interest income, and by activities that generate non-interest income, including the sale and servicing of loans and providing fee-based services to customers. Customer usage and payment patterns, credit quality, levels of marketing expense and operating efficiency all affect the Company's profitability. The Company's primary expenses are the costs of funding assets, provision for loan and lease losses, operating expenses (including associate salaries and benefits, infrastructure maintenance and enhancements, and branch operations and expansion costs), marketing expenses, and income taxes.

SUNTRUST BANK, INC.

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SUNTRUST BANK, INC.

Suntrust Bank was established in 1891 in Atlanta,Georgia which is its present days headquarter.Suntrust bank is an American bank holding company which have succeed to reach in the 16th position on the basis of asset among the bank of America. It had $171,796,255 amount as a asset for the operation of its activities.
SUNTRUST BANK, INC.
The activities includes commercial banking services including deposits, loans, trust and investment management and retail banking, mortgage and wholesale banking, and investment management to retail, business, and institutional clients. The bank also provides the on-line banking, Automated Telephone Banking, asset management, equipment leasing, security brokerage, mortgage, capital market services and insurance. SunTrust has 1,700 branches across the Southern states including Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and the District of Columbia.The bank currently operates 2,807 ABMs in different places of America for the esy banking system. SunTrust Bank has been listed on the New York Stock Exchange since July 1st, 1985.


HOW TO RECOGNIZE THE TOP 10 BANKS?

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Bank is an organization usually a corporation chartered by a state or federal government which performs the different activites of banking service .The top 10 bank are recognized by the services provides by them .The bank which provides all facilities are placed in the top10 bank.

The activities performed by top 10 banks are as follows:
  • Receives demand deposits and time deposits.
  • Honour instrument drawn on them and pays interest on them
  • Discount notes ,make loans and invests in securities
  • Collects cheques , drafts and notes
  • Certifies depositors cheques
  • Issue drafts and cashiers cheques .

The top10 bank are also recognized by the assets of a company. During classifying the banks in this system the assets of a company are required then the company are kept simultaneously according to its assets.

Largest Bank Of America

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The largest Bank of America as on May 30, 2008
It is based on the assets of the bank and the assets are in million of dollars
  1. Citigroup -2,198848
  2. Bank of America corp-1,743478
  3. JP Morgan Chase and Company-1,642,862
  4. Wachovia Corp-808,575
  5. Tanus Corp-705,323
  6. Wells Fargo and Company-595,221
  7. HSBC North America Inc.-493,010
  8. US Bancrop-241,781
  9. Bank Of the New York Mellon Corp-241,781
  10. Suntrust in Atlanta-178,986
The largest bank of america based on the deposits:
  1. Bank of America: $907.3b in deposits, TARP participant.
  2. Wells Fargo: $759.7b in deposits, TARP participant.
  3. JPMorgan Chase: $639.7b in deposits, TARP participant.
  4. Citibank: $320.8b in deposits, TARP participant.
  5. PNC Bank: $188.1b in deposits, TARP participant.
  6. US Bancorp: $151.9b in deposits, TARP participant.
  7. Sun Trust: $118.5b in deposits, TARP participant.
  8. Capital One Financial: $114.3b in deposits, TARP participant.
  9. Toronto-Dominion (TD) Bank: $104.8b in deposits, as a Canadian bank it was not eligible for TARP funds.
  10. BB&T: $95.0b in deposits, 2.12% market share, TARP participant.

THE POSITION OF BANK

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The position of banks in 2005.

Assets in thousands of US DOLLARS
  1. Bank Of America Crop.(Charlotte, N.C): $1,082,243,000
  2. J.P.Morgan Chase and Company(Columbus , Ohio) : 1,013,985,000
  3. Citigroup(New York, N.Y) : 706,497,000
  4. Wachovia Corp.(Charlotte,NC) :472,143,000
  5. Wells Fargo and company(Sious Falls , S.P) :403,258,800
  6. US .BC(Cincinnati,Ohio) :208,867,000
  7. Suntrust Bank Inc(Alanta,Ga) :177,231,000
  8. HSBC North America Inc(Wilmington, Del) :150,679,000
  9. Key bank (Cleveland,Ohio) :88,961,000
  10. State Street Corp(Biston,Mass):87,888,000.
The positions of bank in 2007

  1. Bank Of America(Charlotte,N.C):1252,402,412
  2. J.P Morgan Chase And Company(Columbus,Ohio):1,252,369,000
  3. Citibank (Las Vegas ):1,132,840,000
  4. Wachovia Bank(Charlotte,NCN):524,113,000
  5. Wells Fargo (Sious Falls SDN):428,724,000
  6. Washingotn Mutual Bank(Henderson NVSA):311,053,133
  7. US Bank (Cincinnati OHCN):221,025,875
  8. Suntrust Bank(Atlanta GASM):177,067,146
  9. HSBC Bank USA (Wilmington):168,651,950
  10. FIA Card Services(Wilmington):143,218,102

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