Search Results - Chase, Morgan
JPMorgan Chase
![Future JPMorganChase headquarters at [[270 Park Avenue (2021–present)|270 Park Avenue]] in [[Midtown Manhattan|Midtown]] [[Manhattan]]](https://upload.wikimedia.org/wikipedia/commons/a/ae/270_Park_Avenue_Photomontage_Day.jpg)
JPMorgan Chase was created in 2000 by the merger of New York City banks J.P. Morgan & Co. and Chase Manhattan Company. Through its predecessors, the firm's early history can be traced to 1799, with the founding of what became the Bank of the Manhattan Company. J.P. Morgan & Co. was founded in 1871 by the American financier J. P. Morgan, who launched the House of Morgan on 23 Wall Street as a national purveyor of commercial, investment, and private banking services. Today, the firm is a major provider of investment banking services, through corporate advisory, mergers and acquisitions, sales and trading, and public offerings. Their private banking franchise and asset management division are among the world's largest in terms of total assets. Its retail banking and credit card offerings are provided via the Chase brand in the U.S. and United Kingdom.
JPMorgan Chase is the world's fifth largest bank by total assets, with $ in total assets as of 2024 The firm operates the largest investment bank in the world by revenue. It occupies the 24th spot on the ''Fortune'' 500 list of the largest U.S. corporations by revenue. In 2023, JPMorgan Chase was ranked #1 in the ''Forbes'' Global 2000 ranking. The company's balance sheet, geographic footprint, and thought leadership have yielded a substantial market share in banking and a high level of brand loyalty. Alternatively, it receives routine criticism for its risk management, broad financing activities, and large-scale legal settlements. Provided by Wikipedia