March 2023 was an alarming month for the U.S. banking industry, with the largest banks experiencing great losses in market capitalization between the 1st and 17th of March, following the collapse of Silicon Valley Bank and Signature Bank. The market capitalization of JPMorgan Chase, for instance, decreased by almost 50 billion U.S. dollars, but all of the largest U.S. banks experienced similar losses.
Market capitalization of leading banks in the United States between 1st and 17th of March 2023, by bank
(in billion U.S. dollars)
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Forbes. (March 20, 2023). Market capitalization of leading banks in the United States between 1st and 17th of March 2023, by bank (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1377082/market-cap-loss-of-leading-us-banks/
Forbes. "Market capitalization of leading banks in the United States between 1st and 17th of March 2023, by bank (in billion U.S. dollars)." Chart. March 20, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1377082/market-cap-loss-of-leading-us-banks/
Forbes. (2023). Market capitalization of leading banks in the United States between 1st and 17th of March 2023, by bank (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1377082/market-cap-loss-of-leading-us-banks/
Forbes. "Market Capitalization of Leading Banks in The United States between 1st and 17th of March 2023, by Bank (in Billion U.S. Dollars)." Statista, Statista Inc., 20 Mar 2023, https://www.statista.com/statistics/1377082/market-cap-loss-of-leading-us-banks/
Forbes, Market capitalization of leading banks in the United States between 1st and 17th of March 2023, by bank (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1377082/market-cap-loss-of-leading-us-banks/ (last visited November 18, 2024)
Market capitalization of leading banks in the United States between 1st and 17th of March 2023, by bank (in billion U.S. dollars) [Graph], Forbes, March 20, 2023. [Online]. Available: https://www.statista.com/statistics/1377082/market-cap-loss-of-leading-us-banks/
