Timeline for What's the combined wealth of the US banks?
Current License: CC BY-SA 4.0
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| Apr 5, 2019 at 3:35 | comment | added | Joe Jobs | Say a bank starts with a capital (the money the owners of the banks put to start the bank) of 1 billion \$US. So their own money is 1 billion $US. Then they make profits every year, growing their wealth, so after five years the bank has 2 billion \$US. This is their own capital and it does not include assets. I there a better term for that? | |
| Apr 5, 2019 at 2:48 | history | answered | user18 | CC BY-SA 4.0 |