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As of​ 2016, what portion of bank assets were owned by the five largest bank holding​...

As of​ 2016, what portion of bank assets were owned by the five largest bank holding​ companies? A. less than​ 10% B. approximately​ 25% C. more than​ 50% D. almost​ 80%

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Solution The correct answer is (C) that is more than 50%

Here I give the answer regarding US because here nothing is given about which country.

In total, the five institutions—JPMorgan Chase, Bank of America, Wells Fargo,Citigroup and U.S. Bancorp holds more than 50%

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