Hitherto no American bank has been able to boast of resources totalling a billion dollars. Yet it is undoubtedly only a matter of time until some of our larger banking institutions break into the "billion dollar" class. The likeliest candidate at present is America's largest bank, the National City Bank of New York; that it is already within striking distance of the billion dollar figure is shown by its statement at the end of the first quarter of 1924, when its resources had reached $834,121,543.
The City Bank was organized in 1812, and after...
To continue reading:
or
Log-In
