Growing pains: How the Big Four banks plan to overcome size constraints.

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    • Abstract:
      Citi, Wells and Bank of America rank below far smaller banks like Zions Bancorp, Fifth Third Bancorp and Ally Financial, which makes institutional investors less likely to pick up the biggest banks' shares. Only one megabank, JPMorgan, is ranked among the top 10 banks in return on average equity, a key metric that investors use to determine a bank's profitability, on a list of large and midsize banks compiled by Capital Performance Group. Citi has "tremendous opportunity" in the wealth management space, in part because it has so much room to grow in comparison with wealth management units at the other large banks, said Jim O'Donnell, head of global wealth at the New York-based bank. [Extracted from the article]
    • Abstract:
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