Asked by linda farran on May 16, 2024

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Which of the following U.S.institutions is among the world's 20 largest banks?

A) Citizens Financial Group
B) HSBC North America Holdings
C) JPMorgan Chase
D) Ally Financial

JPMorgan Chase

A multinational banking and financial services holding company, one of the largest banking institutions in the United States.

HSBC North America Holdings

A subsidiary of HSBC Holdings plc, it is one of the largest banking and financial services organizations in North America.

Citizens Financial Group

A financial institution offering a range of banking and financial services.

  • Understand the different types of financial instruments and securities, their risk levels, and insurance mechanisms.
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Verified Answer

MF
Miranda FloresMay 19, 2024
Final Answer :
C
Explanation :
JPMorgan Chase is among the world's 20 largest banks by various metrics, including assets, market capitalization, and international presence. It is a leading global financial services firm with a significant footprint in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.