JPMorgan Chase
JPMorgan Chase & Co. ranks 1st in the list of the best investment banks based on revenue. JPMorgan Chase is a Delaware-incorporated, New York City-based international investment bank and financial services holding corporation. With total assets of US$3.774 trillion as of 2022, JPMorgan Chase is the largest bank in the country, the largest bank globally by market capitalization, and the sixth-largest bank globally in terms of total assets. In addition, JPMorgan Chase is listed as the 24th largest American corporation by total revenue on the Fortune 500 list. The Financial Stability Board views this bank as one with systemic importance.
It is a significant supplier of various investment banking and financial services as a "Bulge Bracket" bank. Along with Bank of America, Citigroup, and Wells Fargo, it is one of the Big Four banks in the United States. JPMorgan Chase is regarded as a custodian bank and a worldwide bank. The divisions of investment banking, asset management, private banking, wealth management, commercial banking, and treasury services all operate under the J.P. Morgan name. Private banking and private wealth management activities involving fiduciary duties are overseen by JPMorgan Chase Bank, N.A., the actual trustee.
The Chase brand is used for the bank's retail banking operations in the US and the UK, as well as credit card services there. JPMorgan Chase's Commercial Banking is managed by both the J.P. Morgan trademarks Since the previous headquarters building across the street, 270 Park Avenue, was destroyed and a larger replacement headquarters is being constructed on the same site, the bank's corporate headquarters are currently housed at 383 Madison Avenue in Midtown Manhattan, New York City.
Founders: Aaron Burr (The Bank of the Manhattan Company); Balthazar P. Melick (Chemical Bank); John Pierpont Morgan (J.P. Morgan & Co.); John Thompson (Chase National Bank)
Headquarters: 383 Madison Avenue, New York City, U.S.
Revenue: US$121.65 billion (2021)
Market cap: $381.60 Billion (2022)
Website: www.jpmorganchase.com
