JPMorgan Chase: Difference between revisions

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[[file:J_P_Morgan_Chase_Logo_2008_1.svg|thumb|J P Morgan Chase Logo 2008 1]] [[file:270_Park_Avenue_8_may_2024.jpg|thumb|270 Park Avenue 8 may 2024|left]] [[file:JPMorgan_Chase.svg|thumb|JPMorgan Chase]] [[file:J_P_Morgan_Logo_2008_1.svg|thumb|J P Morgan Logo 2008 1|left]] [[file:Chase_logo_pre_historical.jpg|thumb|Chase logo pre historical]] [[file:JP_Morgan_logo.jpg|thumb|JP Morgan logo]] {{short description|American multinational investment bank and financial services holding company}}
'''JPMorgan Chase & Co.''' is an American [[multinational]] [[investment bank]] and [[financial services]] holding company headquartered in [[New York City]]. It is the largest bank in the [[United States]] and the largest bank in the world by [[market capitalization]].
{{Infobox company
| name = JPMorgan Chase & Co.
| logo = JPMorgan Chase logo.svg
| logo_size = 250px
| type = [[Public company|Public]]
| traded_as = {{NYSE|JPM}}
| ISIN = US46625H1005
| industry = [[Financial services]]
| founded = {{Start date and age|2000|12|01}}
| headquarters = [[New York City]], [[New York (state)|New York]], [[United States]]
| area_served = Worldwide
| key_people = [[Jamie Dimon]] (Chairman & CEO)
| products = [[Asset management]], [[Investment banking]], [[Private banking]], [[Retail banking]], [[Wealth management]]
| revenue = {{Increase}} $119.54 billion (2020)
| operating_income = {{Increase}} $48.34 billion (2020)
| net_income = {{Increase}} $29.13 billion (2020)
| assets = {{Increase}} $3.386 trillion (2020)
| equity = {{Increase}} $279.35 billion (2020)
| num_employees = 255,351 (2020)
| website = {{URL|https://www.jpmorganchase.com}}
}}
 
'''JPMorgan Chase & Co.''' is an American multinational [[investment bank]] and [[financial services]] holding company headquartered in [[New York City]]. It is the largest bank in the [[United States]] and the largest bank in the world by market capitalization. As a major provider of various financial services, it is considered a [[universal bank]] and a [[custodian bank]]. The firm is a leading player in [[investment banking]], [[financial services for consumers and small businesses]], [[commercial banking]], [[financial transaction processing]], and [[asset management]].


== History ==
== History ==
JPMorgan Chase was formed in 2000, when [[Chase Manhattan Corporation]] merged with [[J.P. Morgan & Co.]]. The company's history dates back to 1799 with the founding of [[The Manhattan Company]] by [[Aaron Burr]]. Over the years, the firm has grown through numerous mergers and acquisitions, including the acquisition of [[Bank One Corporation]] in 2004 and [[Bear Stearns]] in 2008.
JPMorgan Chase was formed in 2000, when [[Chase Manhattan Corporation]] merged with [[J.P. Morgan & Co.]] The company has a rich history that dates back to 1799, with the founding of [[The Manhattan Company]].


== Operations ==
== Operations ==
JPMorgan Chase operates in four major business segments:
JPMorgan Chase operates in four major business segments:
* [[Consumer & Community Banking]]
* [[Consumer & Community Banking]]
* [[Corporate & Investment Bank]]
* [[Corporate & Investment Bank]]
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* [[Asset & Wealth Management]]
* [[Asset & Wealth Management]]


=== Consumer & Community Banking ===
== Key People ==
This segment provides services such as [[retail banking]], [[credit cards]], [[mortgages]], and [[auto loans]]. It operates under the Chase brand.
The current Chairman and CEO is [[Jamie Dimon]], who has been in this role since 2005.
 
=== Corporate & Investment Bank ===
This segment offers services including [[investment banking]], [[market making]], [[prime brokerage]], and [[treasury and securities services]].
 
=== Commercial Banking ===
This segment provides financial services to businesses, including [[lending]], [[treasury services]], [[investment banking]], and [[asset management]].


=== Asset & Wealth Management ===
== Products and Services ==
This segment offers investment management across all major asset classes, including [[equities]], [[fixed income]], [[alternatives]], and [[money market funds]].
JPMorgan Chase offers a wide range of financial services, including:


== Leadership ==
* [[Asset management]]
The current Chairman and CEO of JPMorgan Chase is [[Jamie Dimon]], who has held the position since 2005. Under his leadership, the company has navigated through the [[financial crisis of 2007–2008]] and has continued to grow its market presence.
* [[Investment banking]]
* [[Private banking]]
* [[Retail banking]]
* [[Wealth management]]


== Corporate Social Responsibility ==
== Corporate Social Responsibility ==
JPMorgan Chase is involved in various [[corporate social responsibility]] initiatives, including community development, [[philanthropy]], and [[sustainability]] efforts. The firm has committed significant resources to support economic growth and community development in underserved areas.
JPMorgan Chase is involved in various [[corporate social responsibility]] initiatives, focusing on [[sustainability]], [[community development]], and [[financial literacy]].
 
== Controversies ==
JPMorgan Chase has faced several controversies over the years, including legal issues related to [[mortgage-backed securities]] during the financial crisis, [[trading losses]] in the [[London Whale]] incident, and various regulatory fines.


== See also ==
== See Also ==
* [[List of largest banks in the United States]]
* [[List of largest banks in the United States]]
* [[List of largest banks in the world]]
* [[List of largest banks in the world]]
* [[Financial services in the United States]]
* [[Investment banking in the United States]]


== Related pages ==
== External Links ==
* [[Jamie Dimon]]
* [https://www.jpmorganchase.com Official website]
* [[Chase Bank]]
* [[Bear Stearns]]
* [[Bank One Corporation]]
* [[Financial crisis of 2007–2008]]


[[Category:Investment banks in the United States]]
{{DEFAULTSORT:JPMorgan Chase}}
[[Category:Financial services companies based in New York City]]
[[Category:Financial services companies of the United States]]
[[Category:Banks established in 2000]]
[[Category:Banks based in New York City]]
[[Category:Companies listed on the New York Stock Exchange]]
[[Category:American companies established in 2000]]
[[Category:American companies established in 2000]]
[[Category:Companies listed on the New York Stock Exchange]]
[[Category:Multinational companies headquartered in the United States]]
[[Category:Multinational companies headquartered in the United States]]
 
{{nt}}
{{Banking-stub}}
== JPMorgan Chase gallery ==
<gallery>
File:Logo of JPMorganChase 2024.svg|Logo of JPMorganChase 2024
File:270 Park Avenue Photomontage Day.jpg|270 Park Avenue Photomontage Day
File:JPMorgan Chase.svg|JPMorgan Chase
File:J P Morgan Logo 2008 1.svg|J P Morgan Logo 2008
File:Chase logo pre historical.jpg|Chase logo pre historical
File:JP Morgan logo.jpg|JP Morgan logo
File:Banking Influence in Large Corporations, 1914.jpg|Banking Influence in Large Corporations, 1914
File:Wallstreetbmb.jpg|Wallstreetbmb
File:Bank One logo.png|Bank One logo
File:Bear Stearns Logo.svg|Bear Stearns Logo
</gallery>

Latest revision as of 05:41, 3 March 2025

JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. It is the largest bank in the United States and the largest bank in the world by market capitalization.

History[edit]

JPMorgan Chase was formed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co. The company has a rich history that dates back to 1799, with the founding of The Manhattan Company.

Operations[edit]

JPMorgan Chase operates in four major business segments:

Key People[edit]

The current Chairman and CEO is Jamie Dimon, who has been in this role since 2005.

Products and Services[edit]

JPMorgan Chase offers a wide range of financial services, including:

Corporate Social Responsibility[edit]

JPMorgan Chase is involved in various corporate social responsibility initiatives, focusing on sustainability, community development, and financial literacy.

See Also[edit]

External Links[edit]

JPMorgan Chase gallery[edit]