JPMorgan Chase & Co. is a multinational investment bank and financial services holding company. Its headquarter is located in New York City, New York, the U.S., Or we can call it the Financial services industry. It is incorporated in Delaware. It plays an important role in the economy and trade of the country.
Aaron Burr, Balthazar P. Melick, John Pierpont Morgan, and John Thompson are the founders of JPMorgan Chase. It was founded on 1st December 2000, which means it was made two years ago. It is the 5th largest bank worldwide with total assets of US$3.954 trillion.
So far it is one of the largest banks in the United States, Its composition has increased significantly since 1996 and is the result of many American big companies, which include Chase J.P. Morgan & Co., Bear Stearns, Manhattan Bank, Bank One, and Washington Mutual.
JPMorgan Chase & Co. Ownership:
JPMorgan Chase & Co. gives products like certificates of deposit, savings accounts, a variety of loans, checking accounts, and credit cards. Along with this bank gives investment products as business banking services.
Name of Shareholders | Equities | Equities in Percentage | Value |
The Vanguard Group, Inc. | 257,458,554 | 8.78% | $29,280,761,346 |
SSgA Funds Management, Inc. | 130,126,538 | 4.44% | $14,799,291,167 |
BlackRock Fund Advisors | 129,151,135 | 4.40% | $ 14,688,358,584 |
Geode Capital Management LLC | 49,183,010 | 1.68% | $ 5,593,583,727 |
Wellington Management Co. LLP | 44,287,167 | 1.51% | $5,036,779,503 |
Net Worth and Revenue:
Jamie Dimon is the Chairman and CEO of this company and Daniel E. Pinto is the President or COO of Chase. The company is ranked twenty-fourth on the Fortune 500 list of the U.S.
JPMorgan Chase & Co. has a net worth is over $550 billion.
Name of the Company | JPMorgan Chase & Co. |
Total assets | $3.74 trillion |
Type | Public |
Net income | $48.33 billion |
CEO | Jamie Dimon |
Total equity | $294.12 billion |
Revenue | $121.65 billion |
Net Worth | $550 billion. |