JPMorgan Chase Company Description
JPMorgan Chase was born with a silver spoon in its mouth but hasn't let that stop it. The #3 financial services firm in the US behind Citigroup and Bank of America is keen on its retail operations (more than 3,000 bank branches and growing) and is also among the nation's top mortgage lenders, automobile loan writers, and credit card issuers. It also boasts formidable investment banking and asset management operations. The company's subsidiaries include the prestigious JPMorgan Private Bank and institutional investment manager JPMorgan Asset Management (with $1.6 trillion in assets under management). In 2008 JPMorgan Chase bought Bear Stearns and followed that up with Washington Mutual.
View the Comprehensive Company Description for JPMorgan Chase
The Company Description provides a historical perspective of JPMorgan Chase's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of JPMorgan Chase's evolution in the marketplace.
