Advertisement
YOU ARE HERE: LAT HomeCollections

BRIEFLY

Citibank passed Bank of America in deposits.

February 12, 1986

New York's Citibank is now the nation's biggest bank in terms of deposits, taking the top spot from San Francisco-based B of A, according to year-end figures compiled by the American Banker newspaper. B of A had held the top spot for 40 years. Citibank had $94.4 billion in domestic and foreign deposits, compared to B of A's $88.2 billion as of Dec. 31. Citibank's parent firm, Citicorp, has been the nation's largest bank holding company since 1981, when it surpassed BankAmerica Corp. in total assets.

Advertisement
Los Angeles Times Articles
|
|
|