"JPMorgan Chase & Co. is an American multinational financial investment bank as well as financial services holding business headquartered in New york city City. JPMorgan Chase is rated by S&P Global as the biggest bank in the USA and also the 6th biggest bank in the world by overall possessions, with overall assets of US$ 2.687 trillion. It is also the globe's most beneficial bank by market capitalization. JPMorgan Chase is included in Delaware.

As a "" Bulge Bracket"" financial institution, it is a significant carrier of different financial investment banking and also economic services. It is one of America's Big 4 financial institutions, along with Bank of America, Citigroup, and also Wells Fargo. [8] JPMorgan Chase is taken into consideration to be an universal bank and also a custodian financial institution. The J.P. Morgan brand, is used by the financial investment banking, possession administration, personal banking, personal riches management, and treasury solutions departments. Fiduciary activity within private banking and also personal wealth monitoring is done under the aegis of JPMorgan Chase Financial Institution, N.A.-- the actual trustee. The Chase brand is made use of for credit card services in the United States and Canada, the bank's retail banking tasks in the USA, and also industrial banking. Both the retail and also business bank and the financial institution's home offices are presently located at 383 Madison Opportunity in Midtown Manhattan, New York City City, while the prior head office building directly across the street, 270 Park Method, is knocked down and also changed with a new structure. The existing business was initially referred to as Chemical Financial institution, which got Chase Manhattan as well as presumed that firm's name. The present business was created in 2000, when Chase Manhattan Firm merged with J.P. Morgan & Co

. As of 2019, the property monitoring arm of the bank has US$ 2.988 trillion in assets under monitoring, while its investment and also business financial institution arm holds US$ 25.45 trillion in possessions under guardianship. At US$ 45.0 billion in properties under monitoring, the hedge fund system of JPMorgan Chase is the third largest hedge fund worldwide."