JPMorgan Chase

History

Today, JPMorgan Chase is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. The roots of JPMorgan Chase can be traced back to the 18th century in New York through the M&A’s of institutions known as Bank of the Manhattan Company, Chase National Bank, Chase Manhattan Bank, Chemical Banking Corp., Manufacturers Hanover, First Chicago Bank, Texas Commerce Bank, Great Western Bank, Providian Financial, National Bank of Detroit, among others. Some significant events leading up to its current structure have resulted in the last ten years subsequent to the turn of the millennium. These include the combining of extremely large banking entities known as Chase Manhattan, J.P. Morgan & Company, Bank One, Washington Mutual and the renowned Bear Stearns. Other smaller acquisitions have occurred in latter part of the last decade. JPMorgan Chase is currently an American-based multi-national bank with dealings in retail banking, investment banking and securities trading/underwriting. With assets over $2 trillion, and surpassing Bank of America in October of 2011, JPChase is now considered the largest bank in the U.S. as measured by assets and market cap. The other three banks rounding out the “Big Four” are Wells Fargo, Bank of America and Citigroup.

Business Organization of JPMorgan Chase

JPMorgan Chase is separated into three separate business segments, two of which fall under the Chase name and the third under J.P. Morgan. Chase Bank provides banking services to corporate and individual consumers, while J.P. Morgan provides institutional clients investment and wealth management services. Chase’s consumer business model offers such products as – branch banking, online banking, credit cards, automated teller machines, education loans, retirement planning/investing, retail checking services, car loans, home mortgages, lines of credit, small business loans, corporate client banking, equipment loans/leases, commercial term loans, community finance/development programs, business lines, commercial real estate, and middle market services. J.P. Morgan’s clientele include high echelon companies, governments, institutional investors and wealthy individuals. The J.P. Morgan branding platform is categorized in – asset management, treasury services, private banking, private client services, investment banking, global securities and equity venture capital investing.

JPMorgan Benefits Summary

JPM is one of the oldest institutions still in operation in the United States dating back over 200 years. JPM operates as a well known entity in over sixty different countries around the globe. JPM employs about a quarter of a million people worldwide. JPM is largest banking institution in the U.S. in assets (over $2 trillion) and market capitalization. JPM services all types of elite customers, governments, small businesses and everyday consumers alike. JPM covers the bases in offerings with Wealth Management, Private Equity, Commercial Banking, Investment Banking, Financial Transaction Processing and Asset Management.


About JPMorgan Chase
Stock Symbol: NYSE: JPM
Website: https://www.chase.com/
Corporate Headquarters: Corporate - New York, NY and Retail/Commercial Banking - Chicago, IL
Address: One Chase Manhattan Plaza, 270 Park Avenue, 3rd Floor, New York, New York 10005




JPMorgan Chase Debit Cards



JPMorgan Chase Corporate Overview
JPMorgan Chase WebsiteJPMorgan Chase is committed to delivering the most complete and innovative financial solutions in the industry. JPMorgan Chase offers card solutions that help organizations streamline their payroll process. Organizations benefit by reducing the administration costs associated with typical payroll processing.
Recent JPMorgan Chase News Items
  • Chase Joins Ranks of Prepaid Card Issuers

    JPMorgan Chase & Company (NYSE: JPM) has joined the trend of large consumer banks issuing their own line of prepaid debit cards. Following a turbulent national economic collapse and tougher federal regulation, many of the larger national banks like Chase are seeking new forms of revenue. Chase has branded their offering as The Chase Liquid […]

Filed under: Prepaid Companies
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