JP Morgan Chase

Organization

One of the largest US banks, cited as having a $40 billion unrealized loss in its held-to-maturity portfolio, contributing to concerns about the stability of the banking system.


First Mentioned

1/12/2026, 2:35:47 AM

Last Updated

1/12/2026, 2:37:28 AM

Research Retrieved

1/12/2026, 2:37:28 AM

Summary

JPMorgan Chase & Co. is a leading American multinational banking and financial services institution headquartered in New York City. As the largest bank in the United States and the world's largest by market capitalization as of 2025, it is designated as a systemically important financial institution. The firm was formed in 2000 through the merger of J.P. Morgan & Co. and the Chase Manhattan Company, though its roots extend back to the 1799 founding of the Bank of the Manhattan Company. It operates globally through three primary segments: Consumer & Community Banking (under the Chase brand), Commercial & Investment Bank, and Asset & Wealth Management. Despite its dominant market position and $4 trillion in assets, the firm has recently faced scrutiny regarding unrealized losses in its banking portfolio and routine criticism over its risk management and legal settlements.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Headquarters

    270 Park Avenue, Midtown Manhattan, New York City, New York, United States

  • Total Assets

    $4 trillion (as of 2025)

  • Technologists

    63,000

  • Chairman and CEO

    Jamie Dimon

  • Fortune 500 Rank

    11th (by revenue)

  • Full-Time Employees

    318,153

  • Forbes Global 2000 Rank

    1st (as of 2025)

  • Global Head of Human Resources

    Robin Leopold

Timeline
  • The Bank of the Manhattan Company, the oldest predecessor of JPMorgan Chase, is established by Aaron Burr. (Source: Wikipedia)

    1799-09-01

  • J.P. Morgan & Co. is founded by financier J.P. Morgan in New York City. (Source: Wikipedia)

    1871-01-01

  • Chase Manhattan International Limited is founded. (Source: Wikipedia)

    1968-09-18

  • J.P. Morgan & Co. and Chase Manhattan Company officially merge to create JPMorgan Chase & Co. (Source: Wikipedia)

    2000-12-31

  • Fortune names JPMorgan Chase the 5th Most Admired Company in the World for the second consecutive year. (Source: JPMorganChase About Us)

    2024-01-01

  • JPMorgan Chase is ranked #1 in the Forbes Global 2000 for the third consecutive year and reports $4 trillion in total assets. (Source: Wikipedia)

    2025-01-01

JPMorgan Chase

JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational banking institution headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States, and the world's largest bank by market capitalization as of 2025. As the largest of the Big Four banks in America, the firm is considered systemically important by the Financial Stability Board. Its size and scale have often led to enhanced regulatory oversight as well as the development of an internal "Fortress Balance Sheet". The firm has had its global headquarters on 270 Park Avenue in Midtown Manhattan since 2025. 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 worldwide. JPMorgan Chase is the world's fifth-largest bank by total assets, with $4 trillion in assets as of 2025. The firm operates the largest investment bank in the world by revenue. It occupies the 11th spot on the Fortune 500 list of the largest U.S. corporations by revenue. In 2025, JPMorgan Chase was ranked #1 in the Forbes Global 2000 ranking for the third consecutive year. 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. It receives routine criticism for its risk management, broad financing activities, and large-scale legal settlements.

Web Search Results
  • JPMorgan Chase - Wikipedia

    ## History JPMorgan Chase is the result of the combination of several large U.S. banking companies that merged since 1996, combining Chase Manhattan Bank, J.P. Morgan & Co., and Bank One, as well as asset assumptions of Bear Stearns, Washington Mutual, and First Republic. Predecessors included additional historic, major banking firms, among which are Chemical Bank, Manufacturers Hanover, First Chicago Bank, National Bank of Detroit, Texas Commerce Bank, Providian Financial and Great Western Bank "Great Western Bank (1919–1997)"). The company's oldest predecessor institution, The Bank of the Manhattan Company, was the third-oldest banking corporation in the United States, and the 31st-oldest bank in the world, having been established on September 1, 1799, by Aaron Burr. [...] JPMorgan Chase is the world's fifth-largest bank by total assets, with $4 trillion in assets as of 2025. The firm operates the largest investment bank in the world by revenue. It occupies the 11th spot on the Fortune 500 list of the largest U.S. corporations by revenue. In 2025, JPMorgan Chase was ranked #1 in the Forbes Global 2000 ranking for the third consecutive year. 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. It receives routine criticism for its risk management, broad financing activities, and large-scale legal settlements. ## History [...] The company, known previously as Chase Manhattan International Limited, was founded on September 18, 1968. In August 2008, the bank announced plans to construct a new European headquarters at Canary Wharf "Riverside South (Canary Wharf)"), London. These plans were subsequently suspended in December 2010, when the bank announced the purchase of a nearby existing office tower at 25 Bank Street for use as the European headquarters of its investment bank. 25 Bank Street had originally been designated as the European headquarters of Enron and was subsequently used as the headquarters of Lehman Brothers International.[importance?] The regional office is in London with offices in Bournemouth, Glasgow, and Edinburgh for asset management, private banking, and investment banking. In September 2021,

  • JPMorgan Chase & Co. (JPM) Company Profile & Facts

    JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. It also provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt market capital-raising services, as well as loan origination and syndication; payments; and cash and derivative [...] and syndication; payments; and cash and derivative instruments, risk management solutions, prime brokerage, and research, as well as offers securities services, including custody, fund services, liquidity, and trading services, and data solutions products. In addition, the company provides financial solutions, including lending, payments, investment banking, and asset management to small and midsized companies, local governments, nonprofit clients, and municipalities, as well as commercial real estate clients. Further, it offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, estate planning, lending, deposits, and investment [...] ### JPMorgan Chase & Co. 270 Park Avenue New York, NY 10017 United States Sector: : Financial Services Industry: Banks - Diversified Full Time Employees: : 318,153 ### Description

  • Chase Bank

    "Chase," "JPMorgan," "JPMorgan Chase," the JPMorgan Chase logo and the Octagon Symbol are trademarks of JPMorgan Chase Bank, N.A. JPMorgan Chase Bank, N.A. is a wholly-owned subsidiary of JPMorgan Chase & Co. Bank deposit accounts, such as checking and savings, may be subject to approval. Deposit products and related services are offered by JPMorgan Chase Bank, N.A. Member FDIC. About Chase J.P. Morgan JPMorganChase Media Center Careers Site Map Privacy Security Terms of Use Accessibility AdChoices Give feedback Member FDIC Equal Housing Opportunity ©2026 JPMorgan Chase & Co. Close Menu Image 32Chase logo, links to Chase home [...] About Chase Chase serves millions of people with a broad range of products. Chase online lets you manage your Chase accounts, view statements, monitor activity, pay bills or transfer funds securely from one central place. To learn more, visit the Banking Education Center. For questions or concerns, please contact Chase customer service or let us know about Chase complaints and feedback. View the Chase Community Reinvestment Act Public File for the bank’s latest CRA rating and other CRA-related information. Investing by J.P. Morgan [...] Investing by J.P. Morgan Partner with a global leader who puts your financial needs first. Invest on your own or work with an advisor— we have the products, technology and investment education, to help you grow your wealth. Visit a J.P. Morgan Wealth Management Branch or check out our latest online investing features, offers, promotions, and coupons. INVESTMENT AND INSURANCE PRODUCTS ARE: NOT FDIC INSURED NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY NOT A DEPOSIT OR OTHER OBLIGATION OF, OR GUARANTEED BY, JPMORGAN CHASE BANK, N.A. OR ANY OF ITS AFFILIATES SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS OF THE PRINCIPAL AMOUNT INVESTED Chase Private Client

  • About us | JPMorganChase

    Annual Report 2024 Learn more Newsroom # About us Leading global financial progress through service and innovation for over 225 years. ## Serving with purpose Supporting global and local economies by delivering value for our shareholders and investing in the progress of our clients and our employees. Our firm is only as strong as the communities we serve, and we are dedicated to creating opportunities for financial growth worldwide. ## United under one goal Our J.P. Morgan and Chase brands work to provide the highest quality service to millions of consumers, small businesses and corporate, institutional and government clients in the U.S. and around the world. ## 225 years of lasting progress [...] Helping 80 million individuals, families and businesses grow and thrive through banking, saving, investing and more. ### Technology Creating cutting-edge solutions that impact millions of customers and organizations—powered by our 63,000 technologists. Learn more ## Awards and recognition We’re proud of the industry recognitions that celebrate our work and honor our global talent. View all awards ### FORTUNE names JPMorganChase the 5th Most Admired Company in the World FORTUNE has placed JPMorganChase in the top five of its “World’s Most Admired Companies” list, ranking #5 in 2024 for the second consecutive year. Learn more ### JPMorganChase named in LinkedIn’s 2024 Top Companies list [...] LinkedIn recognized JPMorganChase as a top employer for career growth in the U.S., U.K., Ireland, India and France. Robin Leopold, Global Head of Human Resources, discussed career paths at JPMorganChase on LinkedIn News’ Get Hired podcast. Learn more ### JPMorganChase wins 2024 Handshake Early Talent Award and named Tech Transformer For the third consecutive year, JPMorganChase has won a Handshake Early Talent Award for being one of the best companies for today’s youth. The firm also received a special designation as a Tech Transformer for the second year in a row, for being a great place to launch a career in tech. Learn more ## Join our team

  • Home | JPMorganChase

    Learn more Image 10 02 Committed to service, innovation and growth JPMorganChase serves millions of customers, clients and communities in over 100 global markets. For 225 years, our work has been guided by principles that strengthen, protect and grow our company over time. Learn about our business Image 11 03 Making opportunities happen See how our clients—from small business owners to affordable housing developers—help uplift communities. Learn more Image 12 04 Jamie Dimon’s Letter to Shareholders In our 2024 Annual Report, our Chairman and CEO reflects on the past year and the opportunities that lie ahead for the firm. Read letter Our new headquarters [...] Read letter Our new headquarters JPMorganChase opened its new global headquarters, marking a major milestone in its investment in New York City and workspaces globally. Learn more Image 13 Serving with purpose We are united by a purpose that weaves together what we value and how we do business and deliver results for the clients, colleagues and communities we serve. See how we do business Image 14 Creating economic opportunity for all We leverage the best of our firm to help clients, customers, communities and employees grow and succeed. ### Our impact Helping power economic growth by creating opportunities for all through business and community investments, local collaborations and policy advocacy. Learn about our impact ### Our communities [...] Home | JPMorganChase We and our partners use cookies and other tools for advertising, to help stop fraud, and for other purposes. By using this site, you agree to how your information is used as outlined in our Privacy Policy. Image 1: Close Icon Skip to main content Image 2: JPMorganChase logo Join our team Search JPMorganChase Search Join our team Back About us ### About us ### How we do business ### Leadership ### Awards and recognition ### Technology ### Governance ### Suppliers ### Diversity, opportunity & inclusion Read more Image 3 Chairman and CEO Letter to Shareholders Annual Report 2024 Learn more Impact ### Impact

Location Data

JP Morgan Chase, Littledown, Bournemouth, Bournemouth, Christchurch and Poole, England, BH7 7DA, United Kingdom

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Coordinates: 50.7434600, -1.8317349

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