"JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New york city City. JPMorgan Chase is rated by S&P Global as the largest financial institution in the United States and also the sixth largest bank worldwide by complete assets, with complete possessions of US$ 2.687 trillion. It is likewise the globe's most beneficial financial institution by market capitalization. JPMorgan Chase is integrated in Delaware.

As a "" Bulge Bracket"" bank, it is a major service provider of various financial investment financial and also financial services. It is just one of America's Big Four financial institutions, along with Financial institution of America, Citigroup, and also Wells Fargo. [8] JPMorgan Chase is taken into consideration to be an universal financial institution and a custodian financial institution. The J.P. Morgan brand name, is used by the investment financial, asset administration, personal banking, private wealth administration, as well as treasury solutions divisions. Fiduciary activity within private financial and personal wide range management is done under the aegis of JPMorgan Chase Financial Institution, N.A.-- the actual trustee. The Chase brand is used for credit card solutions in the United States and also Canada, the financial institution's retail banking tasks in the United States, and commercial financial. Both the retail and industrial financial institution and also the bank's home offices are currently located at 383 Madison Avenue in Midtown Manhattan, New York City City, while the prior head office structure directly nearby, 270 Park Method, is knocked down and replaced with a new structure. The present company was originally called Chemical Financial institution, which acquired Chase Manhattan as well as thought that business's name. The present firm was formed in 2000, when Chase Manhattan Company merged with J.P. Morgan & Co

. As of 2019, the property management arm of the bank has US$ 2.988 trillion in possessions under monitoring, while its investment as well as company bank arm holds US$ 25.45 trillion in possessions under wardship. At US$ 45.0 billion in assets under administration, the hedge fund unit of JPMorgan Chase is the 3rd largest hedge fund on the planet."