Jp Morgan Chase

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JPMorgan Chase & Co is an American multinational banking and financial services company. It is the largest bank in America and a third largest public company in the world. The legacy of JP Morgan Chase dates back to 1799 when its earliest predecessor was chartered in New York City. As of 2012, it was the largest bank in the United States by assets with assets worth of US$2.515 trillion. It also had 211 billion in stockholders’ equity as of December 31, 2013. The bank was previously known as Morgan until the year 2000 when Chase Manhattan Corporation merged with J.P. Morgan & Co giving rise to JPMorgan Chase & Co. The company trades its stock in New York Stock Exchange.
The two brands – JP Morgan and Chase are used by different subsidiaries of company i.e. JP Morgan Brand (Historically known as Morgan) is used by J.P. Morgan Asset Management, private banking, investment banking, private wealth management and treasury & securities services divisions whereas Chase brand is used by Credit Card services (United States and Canada), retail banking unit in the United States, and commercial banking. …show more content…

One of the company’s main operating subsidiaries in the United Kingdom is J.P. Morgan Securities Ltd. The corporate headquarters for the firm are in 270 Park Avenue, Midtown, Manhattan, New York City, New York, U.S. The retail and commercial bank is headquartered in Chase Tower, Chicago Loop, Chicago, Illinois.

Business segments (Products and Market) JP Morgan Chase has four major business segments: 1) Consumer & Community Banking
2) Corporate & Investment

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