JPMorgan Chase & Co

JPMorgan Chase & Co, commonly known as JPMorgan Chase or simply JP Morgan, 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 by assets. The firm was formed in 2000 when J.P. Morgan & Co., a commercial and investment banking institution founded by John Pierpont Morgan in 1871, merged with The Chase Manhattan Corporation, established after the 1955 purchase of Chase National Bank by industrialist David Rockefeller.

The current CEO of JPMorgan Chase is Jamie Dimon; he has held this position since 2005 In 2020 it was ranked sixth on Fortune 500’s list based on total revenue – making it one of the most profitable banks globally at $111 billion USD for 2019 fiscal year ending December 31st 2019.. As of June 30th 2020 JPMC had over 262 thousand employees worldwide across five lines business: consumer and community banking (CCB), corporate and investment banking (CIB), commercial banking (CB); asset management (AM)and wealth management(WM).

Its primary retail branches are present throughout various states within US such as California, Washington Dc Maryland , Florida etc . Consumer Banking offers Financial products to individual customers including Checking Account Savings Accounts Credit Card Mortgage Loans Auto Loan Student Loans Investment Options Insurance Products Home Equity Line Of Credit Small Business Banking Solutions And more .

Corporate-Investment Banking provides Mergers&acquisitions Advisory Services Underwriting Debt Capital Market Equities Trading Securities Clearing Commodity Trade Finance Commercial Lending Foreign Exchange Derivatives Research Brokerage Prime brokerage Hedge Fund Administration Asset Management Structured finance Project finance Leveraged Financing Risk Management Treasury Services Securitization Cash Flow Analysis Liquidity Planning And Much More To Institutional Clients Such As Corporations Governments Institutions Endowments Foundations Pension Funds Mutual Funds Private Banks High Net Worth Individuals Etc ..

Other than its traditional financial activities JPMC also owns several subsidiaries which operates businesses other than that directly related to providing Financial services such as One Equity Partners LLC A Venture capital Firm Investing Across Sectors MidCap Financial An Alternative Finance Provider For Middle Market Companies Quorum Blockchain Platform Developed By JPMorgan On Ethereum Network TruPS CDO Collateralized Debt Obligation Backed By Trust Preferred Security Issued By FDIC Insured Banks SIRVA Worldwide Moving Company Sterling Jewelers Inc Retailer Specializing In Diamonds Watches Accessories ETC…
JP Morgan continues to be a major player in global markets despite recent scandals involving unethical practices like rigging rates exchanging client information trading practices etc resulting fines totaling Billions Of Dollars From Regulators Throughout World Which Are Still Ongoing But Despite All This JPMC Has Managed To Remain Profitable Year After Year With Total Assets Over 2 Trillion Dollar At Present Making It One Of Biggest Bank Globally