Move Over Jamie Dimon, Citi Becomes King of the Fortress Balance Sheet

JPMorgan Chase is home to the famous "fortress balance sheet," right? 

It's that balance sheet that powered JPMorgan through the financial crisis, gobbling up assets and market share while the competition was backed into a corner, fighting for survival. CEO Jamie Dimon has been preaching this philosophy for years.

But today, six years later, Citigroup may be beating Jamie Dimon at his own game. In the video below, Motley Fool contributor Jay Jenkins argues just that, and he's got the numbers to back it up.

Many investors are terrified about investing in big banking stocks after the crash, but the sector has one notable stand-out. In a sea of mismanaged and dangerous peers, it rises above as "The Only Big Bank Built to Last." You can uncover the top pick that Warren Buffett loves in The Motley Fool's new report. It's free, so click here to access it now.

The article Move Over Jamie Dimon, Citi Becomes King of the Fortress Balance Sheet originally appeared on

Fool contributor Jay Jenkins has no position in any stocks mentioned. The Motley Fool owns shares of Citigroup and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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I worked at Citgroup for 43 years, enjoyed it during the time Jamie Diamond was with Sandy and the group. We had many meetings, some together as the two of them put the Giant Financial Services company together, to become the 4 trillion in assets in the world. Love every minute, I am invested in both comapies, both have great leaders. At the time Prince Charles cam to run the company, I was very disipointed that Mr. Diamond was no longer with us. I respect him very much so, and always well, he has done a great job with JPM.

July 25 2013 at 3:38 PM Report abuse rate up rate down Reply