Business: Assets

When President Charles Edwin Mitchell of the National City Bank stated a month ago that his was the largest banking institution in the U. S., President Haley Fiske of the Metropolitan Life Insurance Co., pushed no buttons, hailed no secretaries to give President Mitchell the lie, for President Mitchell was nicely accurate. His is the largest banking institution in the U. S.—assets $1,394,389,890. But it is not the largest financial institution, President Fiske knew. But he would not spoil President Mitchell's day of publicity. He would wait until the annual meeting of the...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!