JP Morgan Chase is one of the world's oldest and most respected financial services firms with $2.1 trillion in assets and operations in more than 60 countries. Founded in 2000 after the merger of Chase Manhattan Corporation and JP Morgan & Co., JP Morgan Chase has the largest market capitalization and deposit base of any banking institution in the United States. They are one of the top big banks along with Bank of America, Wells Fargo and Citigroup. http://en.wikipedia.org/wiki/JPMorgan_Chase The current size and scope of their banking and financial products and assets is a result of several large scale mergers and acquisitions over the last several years. Their business activities are divided into a few different major categories and include credit cards and card processing, personal online banking products, commercial banking services, treasury and security services, private asset managment services, ebt transaction processing services, consumer financial, loan and mortgage products.
In June 2009, JP Morgan Chase paid back $25 billion of the money they had borrowed from the U.S. government through the Troubled Assets Relief Program.Bloomberg: JPMorgan, Goldman Sachs Among 10 Banks That Repaid Rescue Funds (June 17, 2009)
JP Morgan Chase Services
This financial services firm has a broad product offering that includes: private online banking, investment management services, securities services worldwide, investment banking, treasury services and asset management. They have a few official websites to cover their broad range of financial products and services and include www.chase.com, www.jpmorgan.com and www.jpmorganchase.com.
Subsidiaries
Competitive Investment Services
- This page was created by Michael P, a Part Time Guide in the Mahalo_Greenhouse (see the original), and curated by Raj.
If you'd like to help us create the best spam free search results on the Internet, apply to be a Part Time Guide!</em>
References
Fast Facts
-
Company
JP Morgan Chase
-
Industry
Financial Services
-
Merger
Formed by the merging of Chase Manhattan Corporation and JP Morgan & Co. in 2000.
-
Financial Assets
$2.1 trillion
-
Market Capitalization
Features the largest market capitalization and deposit base of any banking institution in the United States
-
Hedge Fund
Largest Hedge Fund in the United States
-
Four Big Banks
JP Morgan Chase is considered one of the four big banks in the U.S., along with Wells Fargo, Citigroup and Bank of America
