JPMorgan Chase

**J.P. Morgan Chase & Co.** is a banking and money managing company headquartered in New York City that operates all over the world. It is the largest bank in the United States, and one of the biggest in the world. It is also the world's most valuable bank by market capitalization. JPMorgan is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo. Some of the different ways they manage money are called investment banking, asset management, private banking, private wealth management, and treasury & securities services; they use the name "JPMorgan" for these services. They use the name "Chase" for credit card services in the United States and Canada, retail banking activities in the United States, and commercial banking. 270 Park Avenue in Midtown Manhattan, New York City is the headquarters for activities using both names. The company was formed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co.

J.P. Morgan Chase & Co. is a big company that used to be several smaller companies. These companies include banks that were active two hundred years ago. Like most American banks, the smaller companies that make up JPMorgan Chase all made a lot of money from slavery.

## Infobox (company)

- **name**: J.P. Morgan Chase & Co.
- **logo**: J P Morgan Chase Logo 2008 1.svg
- **logo size**: 255px
- **image**: 270 Park Avenue (WTM by official-ly cool 100).jpg
- **image size**: 255px
- **image caption**: The JPMorgan Chase & Co. headquarters at 270 Park Avenue in Midtown Manhattan
- **type**: Public company
- **traded as**:
Dow Jones Industrial Average, DJIA Component
S&P 100, S&P 100 Component
S&P 500 Index, S&P 500 Component
- **isin**: US46625H1005
- **predecessor**: The Manhattan Company, Bank of the Manhattan Company founded
- **hq location**: 383 Madison Avenue
- **hq location city**: New York City, New York (state), New York
- **founder**: John Pierpont Morgan
- **hq location country**: United States
- **area served**: Worldwide
- **key people**: Jamie Dimon
(Chairman and CEO)
Jennifer Piepszak
(CFO)
Daniel E. Pinto
(Co-President & Co-COO)
Gordon A. Smith
(Co-President & Co-COO)
- **industry**: Banking
Financial services
- **products**: Asset allocation, asset management, Underwriting, bank underwriting, Bond (finance), bond trading, Stockbroker, Capital markets, capital market services, commercial banking, commodity trading, conglomerate (company), conglomeration services, Retail banking, consumer banking, consumer finance, Commercial bank, corporate banking, credit cards, credit default swap, Credit derivative trading, Custodian bank, custody services, debt resolution, Equities, equities trading, financial analysis, finance and insurance, Financial market, financial market utilities, foreign currency exchange, foreign exchange trading, Futures exchange, futures and options trading, Banking, global banking, Private banking, global wealth management, Hedge fund, hedge fund management, Finance, home finance, Financial services, intermediation and advisory services, investment banking, investment capital, investment management, Portfolio (finance), investment portfolios, Money market, money market trading, mortgages, mortgage loans, Mortgage-backed security, mortgage–backed securities, mortgage underwriting, prime brokerage, private banking, private equity, remittance, retail banking, retail brokerage, risk management, Portfolio (finance), stock portfolios, Underwriting, securities underwriting, stock trading, Subprime lending, subprime mortgages, Treasury services, treasury and security services, underwriting, venture capital, wealth management, wire transfers
- **revenue**: United States dollar, US$109.029 Billion (short scale), billion (2018)
- **operating income**: United States dollar, US$40.764 billion (2018)
- **net income**: United States dollar, US$32.474 billion (2018)
- **aum**: United States dollar, US$2.733 Trillion (short scale), trillion (2018)
- **assets**: United States dollar, US$2.623 trillion (2018)
- **equity**: United States dollar, US$256.52 billion (2018)
- **num employees**: 256,105 (Dec. 31, 2018)
- **divisions**: Asset and Wealth Management, Consumer and Community Banking, Commercial Banking, Corporate and Investment Banking
- **subsid**: Chase Bank, J.P. Morgan & Co., J.P. Morgan Cazenove, One Equity Partners
- **ratio**: 15.7%