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31. Which statement is true? (LO5) a) Citigroup, JPMorgan Chase, Bank of America, and Wells Fargo each hold over $1 trillion in deposits. b) The
31. Which statement is true? (LO5) a) Citigroup, JPMorgan Chase, Bank of America, and Wells Fargo each hold over $1 trillion in deposits. b) The 10 largest American banks hold 25 percent of the deposits. c) Citigroup, JPMorgan Chase, and Bank of America are the three largest banks in the world, when ranked in terms of deposits. d) No American bank holds more than 5 percent of all U.S. bank deposits
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