JPMorgan Chase Net Worth is$170.1 B
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Type: Public
Traded As: JPM JPM, S&P 500
Predecessor: Chase (bank), J.P. Morgan & Co.
Industry: Banking, Financial services
Location City: 270 Park Avenue, Manhattan,, New York City, New York
Location Country: U.S.
Foundation: 2000
Area Served: Worldwide
Key People: Jamie Dimon, Vice Chairman
Products: Asset management, Retail banking, Commercial bank, credit cards, investment banking, mortgage loans, private banking, wealth management
Revenue: url
Operating Income: 026.75 billion (2011) Net Income: 018.98 billion (2011) Assets: 02.321 trillion (''September 2012'') Equity: {{Increase US$ 183.57 billion (2011) Num Employees: 259,547 (2012) Divisions: J.P. Morgan Asset Management
Subsid: Chase (bank), J.P. Morgan & Co., J.P. Morgan Cazenove, One Equity Partners
JPMorgan Chase & Co. (NYSE: JPM) is an American multinational banking corporation of securities, investments and retail. It is the largest bank in the United States by assets. It is a major provider of financial services, with assets of $2 trillion and according to Forbes magazine is the world's second largest public company based on a composite ranking. The hedge fund unit of JPMorgan Chase is one of the largest hedge funds in the United States. It was formed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co.
The J.P. Morgan brand is used by the investment banking as well as the asset management, private banking, private wealth management and treasury & securities services divisions. Fiduciary activity within private banking and private wealth management is done under the aegis of JPMorgan Chase Bank, N.A.a??the actual trustee. The Chase brand is used for credit card services in the United States and Canada, the bank's retail banking activities in the United States, and commercial banking. The corporate headquarters are in 270 Park Avenue, Midtown, Manhattan, New York City, New York, and the retail and commercial bank is headquartered in Chase Tower, Chicago Loop, Chicago, Illinois, United States.
JPMorgan Chase is one of the Big Four banks of the United States with Bank of America, Citigroup and Wells Fargo. According to Bloomberg, as of October 2011 JPMorgan Chase surpassed Bank of America as the largest U.S. bank by assets. Through its predecessor, the Bank of the Manhattan Company, it is the 22nd oldest bank in the world.
JPMorgan Chase, in its current structure, is the result of the combination of several large U.S. banking companies over the last decade including Chase Manhattan Bank, J.P. Morgan & Co., Bank One, Bear Stearns and Washington Mutual. Going back further, its predecessors include major banking firms among which are Chemical Bank, Manufacturers Hanover, First Chicago Bank, National Bank of Detroit, Texas Commerce Bank

JPMorgan Chase Net Worth, 2.1 out of 5 based on 7 ratings

JPMorgan Chase Latest News

Grant helps WCC continue personal finance workshops

MOUNT PLEASANT - Personal finance education will continue at Westchester Community College, thanks to a six-figure grant from JPMorgan Chase. The bank provided the school with a $100,000 grant to support the school's Center for Financial and Economic ...
Posted: November 25, 2015, 4:03 am

Cousins Properties Given New $11.00 Price Target at JPMorgan Chase & Co. (CUZ)

Cousins Properties (NYSE:CUZ) had its price objective decreased by JPMorgan Chase & Co. from $12.00 to $11.00 in a research report sent to investors on Tuesday morning, Market Beat Ratings reports. JPMorgan Chase & Co. currently has a neutral rating on the ...
Posted: November 25, 2015, 4:29 am

Berendsen PLC Earns Overweight Rating from JPMorgan Chase & Co. (BRSN)

JPMorgan Chase & Co. restated their overweight rating on shares of Berendsen PLC (LON:BRSN) in a report released on Friday morning, ARN reports. They currently have a GBX 1,208 ($18.27) price objective on the stock. In related news, insider Lawler,David ...
Posted: November 25, 2015, 6:22 am
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