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.^[2] JPMorgan is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo.^[3] 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.^[4] The company was formed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co.^[4]

J.P. Morgan Chase & Co.

The JPMorgan Chase & Co. headquarters at 270 Park Avenue in Midtown Manhattan
Company type	Public company
Traded as	NYSE: JPM DJIA Component S&P 100 Component S&P 500 Component
ISIN	US46625H1005
Industry	Banking Financial services
Predecessor	Bank of the Manhattan Company founded September 1, 1799; 225 years ago (1799-09-01)
Founded	December 1, 2000; 24 years ago (2000-12-01)
Founder	John Pierpont Morgan
Headquarters	383 Madison Avenue, New York City, New York , 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)
Products	Asset allocation, asset management, bank underwriting, bond trading, Stockbroker, capital market services, commercial banking, commodity trading, conglomeration services, consumer banking, consumer finance, corporate banking, credit cards, credit default swap, Credit derivative trading, custody services, debt resolution, equities trading, financial analysis, finance and insurance, financial market utilities, foreign currency exchange, foreign exchange trading, futures and options trading, global banking, global wealth management, hedge fund management, home finance, intermediation and advisory services, investment banking, investment capital, investment management, investment portfolios, money market trading, mortgages, mortgage loans, mortgage–backed securities, mortgage underwriting, prime brokerage, private banking, private equity, remittance, retail banking, retail brokerage, risk management, stock portfolios, securities underwriting, stock trading, subprime mortgages, treasury and security services, underwriting, venture capital, wealth management, wire transfers
Revenue	US$109.029 billion (2018)
Operating income	US$40.764 billion (2018)
Net income	US$32.474 billion (2018)
AUM	US$2.733 trillion (2018)
Total assets	US$2.623 trillion (2018)
Total equity	US$256.52 billion (2018)
Number of employees	256,105 (Dec. 31, 2018)
Divisions	Asset and Wealth Management, Consumer and Community Banking, Commercial Banking, Corporate and Investment Banking
Subsidiaries	Chase Bank, J.P. Morgan & Co., J.P. Morgan Cazenove, One Equity Partners
Capital ratio	15.7% (2017)
Footnotes / references [1]

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.