10 Largest Banks in New York

JPMorgan Chase is the largest bank holding company in the United States. In 2000, J.P. Morgan & Co. merged with Chase Manhattan Corp., in effect combining four of the biggest and oldest money center banking institutions in New York City (J.P. Morgan, Chase, Chemical and Manufacturers Hanover) into one firm known as J.P. Morgan Chase & Co.

M&T Bank is a subsidiary of M&T Bank Corporation and headquartered in Buffalo, New York. It is the top 10 largest bank holding company in New York and in the top 30 nationally (ranked 28th among the Top 50 bank holding companies in the United States as of 9/30/2010). M&T Bank has many branches and ATM's across Delaware, Maryland, New York, Pennsylvania, Virginia, West Virginia, New Jersey and Washington, D.C.

According to the Federal Reserve, the top ten largest banks in New York based on total assets as of 9/30/2010 are:

1. JPMorgan Chase & Co ($2,141,595,000)
2. Citigroup Inc. ($1,983,280,000)
3. Goldman Sachs ($908,860,000)
4. Morgan Stanley ($841,372,000)
5. MetLife ($617,254,340)
6. Taunus Corporation ($389,993,000)
7. HSBC North America Holdings ($350,102,255)
8. Bank of New York Mellon ($254,352,000)
9. American Express Company ($145,012,028)
10. M&T Bank Corporation ($68,246,837)

Source: http://www.ffiec.gov/nicpubweb/nicweb/Top50Form.aspx

* Next: Top Largest Banks in Maine
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