Mar 17, 2016

Graphic: How Has The Banking Industry Changed Since 2001?

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Questions:

  • Which of the “Big 4” grew the most (in assets) since 2001?
  • What year(s) saw the most dramatic mergers and acquisitions?
  • What concerns would you have about the consolidation that has occurred in this industry?

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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