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Overview

JPMorgan Chase & Co. For main subsidiaries, see Chase Bank and J.P. Morgan & Co.
JPMorgan Chase & Co.
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Type
Public
Traded as NYSE: JPM
Dow Jones Industrial Average Component
S&P 500 Component
Industry Banking, financial services
Predecessor Bank of the Manhattan Company founded September 1, 1799; 217 years ago
Founded December 1, 2000; 15 years ago
Headquarters 270 Park Avenue
New York, NY 10017
U.S.
Area served
Worldwide
Key people
Jamie Dimon
(Chairman, CEO & President)[1][2]
Marianne Lake
(CFO)

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Products Asset management, brokerage services, commercial banking, commodities, commodity trading, consumer banking, corporate banking, credit cards, consumer finance, equities trading, finance and insurance, foreign currency exchange, foreign exchange trading, futures and options trading, global banking, global wealth management, insurance, investment banking, investment management, money market trading, mortgage loans, prime brokerage, private banking, private equity, retail banking, retail brokerage, risk management, treasury and security services, underwriting, wealth management
Revenue Decrease US$96.60 billion (2015)[3]
Operating income
Decrease US$30.70 billion (2015)[3]
Net income
Increase US$24.44 billion (2015)[3]
Total assets Increase US$2.424 trillion (2016)[4]
Total equity Increase US$247.5 billion (2015)[3]
Number of employees
235,678 (2015)[3]
Divisions J.P. Morgan Asset Management
Subsidiaries Chase, J.P. Morgan & Co., J.P. Morgan Cazenove, One Equity Partners
Capital ratio 11.6% (2015)[3]
Website www.jpmorganchase.com

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The JPMorgan Chase & Co. headquarters at 270 Park Avenue in Midtown Manhattan, New York City, U.S.
JPMorgan Chase & Co. is a multinational banking and financial services holding company headquartered in New York City. It is the largest bank in the United States, the world's sixth largest bank by total assets, with total assets of US$2.35 trillion, and the world's most valuable bank by market capitalization.[5] It is a major provider of financial services, and according to Forbes magazine is the world's sixth largest public company based upon a composite ranking.[6] The hedge fund unit of JPMorgan Chase is the second largest hedge fund in the United States.[7] The company was formed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co.[8]

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The J.P. Morgan brand, historically known as Morgan, is used by the investment banking, asset management, private banking, private wealth management, and treasury & securities services divisions. Fiduciary activity within private banking and private wealth management is done under the aegis of JPMorgan Chase Bank, N.A.—the actual trustee. The Chase brand is used for credit card services in the United States and Canada, the bank's retail banking activities in the United States, and commercial banking. The corporate headquarters is located at 270 Park Avenue in Midtown Manhattan, New York City. The retail and commercial bank is headquartered in Chase Tower, Chicago Loop, Chicago, Illinois, U.S.[8] JPMorgan Chase & Co. is considered to be a universal bank.