[WorldKings - World Almanac Event 2020] 20th year anniversary of the establishment of JPMorgan Chase ( December 1, 2000 – December 1, 2020)

01-12-2020

(Worldkings.org) JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company. JPMorgan Chase is ranked by S&P Global as the largest bank in Americas and the sixth largest bank in the world by total assets.

JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the sixth largest bank in the world by total assets, with total assets of US$2.687 trillion.

JPMorgan's  CEO Jamie Dimon

It is also the world's most valuable bank by market capitalization. JPMorgan Chase is incorporated in Delaware.

JPMorgan Chase, in its current structure, is the result of the combination of several large U.S. banking companies since 1996, including Chase Manhattan Bank, J.P. Morgan & Co., Bank One, Bear Stearns and Washington Mutual. 

As a "Bulge Bracket" bank, it is a major provider of various investment banking and financial services. It is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo.

JPMorgan Chase is considered to be a universal bank and a custodian bank. The J.P. Morgan brand, is used by the investment banking, asset management, private banking, private wealth management, and treasury services divisions.

As of 2019, the asset management arm of the bank has US$2.988 trillion in assets under management, while its investment and corporate bank arm holds US$25.45 trillion in assets under custody. At US$45.0 billion in assets under management, the hedge fund unit of JPMorgan Chase is one of the largest hedge fund in the world.

According to en.wikipedia


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