“JPMorgan Grows Even Bigger as US Bank Giants Soak Up Assets”
June 8, 2023
“…More than 70% of aggregate asset growth in major US banks was concentrated in the 10 largest lenders, which saw a combined $630 billion increase in the first quarter — when also including assets tied to more-recent mergers and acquisitions, Gaby Villaluz and Zuhaib Gull wrote in a report this week.
JPMorgan saw its assets increase by an eye-popping 8.5% in that period, including growth tied to the May 1 acquisition of First Republic Bank, according to S&P. ..”
https://finance.yahoo.com/news/jpmorgan-grows-even-bigger-us-182728715.html
Bank locally. These mega banks don’t have your best interest at heart