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

Homepage: http://www.jpmorganchase.com//JPMorganChase.com

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, 2.5 out of 5 based on 4 ratings

JPMorgan Chase Latest News

JPMorgan Chase Leads the Field in Expanding Its Loan Book

Banks have been successfully expanded their loan books since 3Q15, backed by robust consumer and commercial offerings. Bank of America’s (BAC) loan book expanded to $917.0 billion on June 30, 2017, compared to $903.0 billion in the previous year.
Posted: August 17, 2017, 2:48 pm

JPMorgan Chase : SEC drops case against ex-JPMorgan traders over 'London Whale'

The top U.S. securities regulator on Friday dropped its civil lawsuit accusing two former JPMorgan Chase & Co traders of trying to hide some of the bank's $6.2 billion of losses tied to the 2012 "London Whale" scandal. The decision by the U.S. Securities ...
Posted: August 18, 2017, 9:00 am

JPMorgan Chase has quietly canceled a popular customer service

This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. JPMorgan Chase has officially canceled its popular in-branch instant debit card issuance program after months of phasing it out ...
Posted: August 9, 2017, 2:24 pm

Short Interest in JP Morgan Chase & Co (JPM) Grows By 14

Intel Corp now has $166.72 billion valuation. It closed at $31.35 lastly. Benchmark Electronics, Inc. (NYSE:BHE) has risen 60.40% since August 16, 2016 and is uptrending. It has outperformed by 91.09% the S&P500. (NYSE:JPM). Moreover, Fairfield Bush has 4 ...
Posted: August 17, 2017, 7:05 pm

At JPMorgan Chase & Co. Diversity and Inclusion is Helping People Build Careers and Independence

In matters of disability, diversity, and inclusion there’s no one better qualified to address and conquer obstacles than Jim Sinocchi. He’s the ambitious and accomplished Head of Disability Inclusion at JPMorgan Chase & Co., who’s also a C5-C6 ...
Posted: August 16, 2017, 8:02 am
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