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Top Banks in North America

Bank of America is one of the top largest banks in North America. It has been ranked No. 1 in The Banker Magazine Top 1000 World Banks ranking. The bank was named best consumer Internet bank in the United States by Global Finance magazine as part of its "World's Best Internet Banks" competition. In addition, Global Finance magazine gave Bank of America awards for the best information security initiatives, best bill pay and presentment, and best online consumer credit in North America.

The Royal Bank of Canada (RBC) is the largest financial institution in Canada and among the largest banks in North America. It was founded as the Merchants Bank, in Halifax, in 1864. RBC provides a broad range of services such as personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services on a global basis. RBC is listed on the 2009-2010 Dow Jones Sustainability World Index and the DJSI North American Index. It is also the safest bank in North America, according to the Global Finance magazine (2010).

Wells Fargo & Company is a diversified financial services company and one of the leading banks in North America. It provides a wide range of financial services including banking, insurance, investments, mortgage, consumer and commercial finance through across North America and internationally. The bank was named Best Consumer Internet Bank and Best Corporate/Institutional Internet Bank in North America by Global Finance in 2010.

JPMorgan Chase is a leading global financial services firm and one of the oldest financial institutions in the US. The bank is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity.

Please visit the relevant guide for more information on the ranking of banks.

About the author: For more interesting stuff about financial investment and banking, please visit the site: Finance Learners.

The author, Loke Yuen Wong, holds an MBA from Heriot-Watt University (UK) and a BCom degree from The University of Adelaide (Australia). Other qualifications include the Postgraduate Diploma in Bus. Administration, Diploma in Instructor Skills, Diploma in Inferential Statistics, Group Diploma in Accounting, Group Diploma in Management Accounting, Diploma in TEFL, ACCA CertIFR, Pre-Cert (ES) TESOL, Certificate in TEYL, Certificate in Managing Performance, Certificate in Book-keeping & Accounts and English for Commerce.


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