J.P. Morgan SE

J.P. Morgan has a longstanding presence in Germany that began in 1928 with establishment of a representative office. Following World War II, J.P. Morgan was the pioneering foreign bank to resume operations by reopening branches in Germany in 1947. In 2022, it conducted a restructuring that consolidated its EU credit institutions into a single legal entity called J.P. Morgan SE. Through this consolidation, J.P. Morgan Bank Luxembourg S.A. and J.P. Morgan Bank (Ireland) plc. have merged into the German entity J.P. Morgan AG and converted J.P. Morgan SE.

The consolidation has positioned J.P. Morgan SE as one of the largest banking legal entities in Germany and among the top 20 under the direct supervision of the European Central Bank in the EU based on the size of its balance sheet. Today, J.P. Morgan SE offers a comprehensive range of products and services across J.P. Morgan's business lines, including corporate & investment banking, commercial banking, and private banking.

At present, it has headquarters in Frankfurt, Germany and operates a network of 14 branches across the European Economic Area that includes Dublin, Luxembourg, Paris and a London branch for specific private banking services.

Per year-end 2022, its total capital base was approximately € 36.5 billion, with capital ratios of 19.73% CET1 and 33.80% total capital ratio. Additionally, the bank demonstrated significant total revenues of €4,817 million, mainly driven by outperformance in markets - private bank and a profit before tax amounting to €1,743 million. Its total assets were of €435.8 billion.

Founded: 1928.
Headquarters: 1 Taunustor 1, Frankfurt Am Main, Germany
Website: https://www.jpmorgan.com/DE/