Chase

JPMorgan Chase Bank, N.A. is a multinational banking and financial service company headquartered in New York City. Chase has 5,100 branch locations and 15,000 ATMs in 100 countries.
==History==
In 1799, The Manhattan Company was founded. In 1877, Chase National Bank was founded. Both companies merged in 1955, becoming the Chase Manhattan Bank. In August 1995, the Chase Manhattan Bank merged acquired Chemical Bank, which was finalized in August 1996. In 2000, Chase Manhattan Bank acquired J.P. Morgan & Co., becoming of the largest banking mergers. The merger resulted Chase Manhattan Bank being renamed JPMorgan Chase. In 2004, JPMorgan Chase acquired Bank One, making Chase the largest credit card issuer in the United States.
On September 25, 2007, JPMorgan Chase purchased most banking operations of Washington Mutual from the receivership of the Federal Deposit Insurance Corporation. That night, the Office of Thrift Supervision, in what was by far the largest bank failure in American history, seized Washington Mutual Bank and placed it into receivership. The FDIC sold the bank's assets, secured debt obligations and deposits to JPMorgan Chase Bank for $1.888 billion, which re-opened the bank the following day. As a result of the takeover, Washington Mutual shareholders lost all their equity. Through the acquisition, JPMorgan became owner of the former accounts of Providian Financial, a credit card issuer WaMu acquired in 2007, The company completed the rebranding of Washington Mutual branches to Chase in late 2009.
In the first quarter of 2008, Chase purchased Collegiate Funding Services, a portfolio company of private equity firm Lightyear Capital, for $663 million. Collegiate Funding Services was used as a foundation for the Chase Student Loans, previously known as Chase Education Finance. In April 2006, Chase acquired the Bank of New York Co.'s retail and small business banking network. This gave Chase access to 338 additional branch locations and 700,000 new customers in New York, New Jersey, Connecticut, and Indiana.
In 2019, Chase began opening retail branch locations in Pittsburgh and other areas within Western Pennsylvania. Even though Chase entered the market organically as opposed to a merger and acquisition, they still had to receive approval from the Office of the Comptroller of the Currency to open branches due to Chase's size as a whole. Before Chase expanded its retail presence into the market, Pittsburgh had been one of the largest U.S. cities without a retail presence from any of the "Big Four", with locally-based PNC Financial Services (no. 6 nationally) having a commanding market share in the area. Chase had previously considered buying National City branches from PNC that were required for divesture following that bank's acquisition of National City in 2009, but were instead sold to First Niagara Bank (since absorbed into KeyBank); it had been speculated that PNC intentionally sold the branches to a much smaller competitor due to not wanting to compete with a "Big Four" bank in its home market.
In September 2021, JPMorgan Chase entered the United Kingdom retail banking market by launched an app-based current account under the Chase brand. This became the company's first retail banking operation outside the of United States.
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