From a fierce competition to a runaway leader, JPMorgan Chase's market value has surpassed the total of its three major rivals

JPMorgan Chase is continuously widening the gap between itself and its main competitors. In the first half of this year, JPMorgan Chase's market value exceeded the total of its three major competitors. During the same period, the bank's profit reached $30 billion, more than double that of its closest competitor, and it also expanded its advantage in investment banking revenue over Goldman Sachs and Morgan Stanley. In recent years, Wells Fargo has been constrained by asset caps, Citigroup has undergone painful reforms, and Bank of America has been weighed down by a large amount of low-yield bonds purchased before interest rates rose