Following is Solari's
list of the 20 Best Banks to flush from our lives in the US. In
2004 alone these 20 banks reaped $89 billion in net income, while
in the same year US households ran a deficit of $342 billion [1].
Think what could happen if we turned the tables?
| 1.
|
Bank of America |
| 2. |
Bank of New
York |
| 3. |
Barclays |
| 4. |
BB&T |
| 5. |
Citibank/Citigroup |
| 6. |
Citizens |
| 7. |
Credit Suisse |
| 8. |
Deutsche
Bank |
| 9. |
HSBC |
| 10. |
JP Morgan
Chase |
| 11. |
Mellon |
| 12. |
Merrill
Lynch |
| 13. |
PNC |
| 14. |
Royal Bank
of Canada |
| 15. |
State Street |
| 16. |
Sumitomo |
| 17. |
SunTrust |
| 18. |
UBS |
| 19. |
Wachovia |
| 20. |
Wells Fargo |
TOTAL NET INCOME $89 Billion
|
______________________________________
[1]Households
Run Record $342 Billion Deficit!,
Article: The Northern Trust Company Economic Research
Department, October 2004
See also Northern Trust's library of related articles:
http://www.northerntrust.com/library/econ_research/weekly/us/
Going Local with Your Bank
| 
