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

As a "" Lump Brace"" financial institution, it is a major service provider of numerous financial investment financial and also monetary solutions. It is just one of America's Big Four banks, along with Financial institution of America, Citigroup, and also Wells Fargo. [8] JPMorgan Chase is thought about to be a global financial institution as well as a custodian bank. The J.P. Morgan brand, is utilized by the financial investment banking, property monitoring, private banking, private wide range monitoring, and treasury solutions departments. Fiduciary activity within exclusive financial and also private wide range management is done under the aegis of JPMorgan Chase Bank, N.A.-- the actual trustee. The Chase brand is made use of for bank card services in the United States and Canada, the financial institution's retail financial tasks in the United States, and also industrial financial. Both the retail and industrial financial institution as well as the financial institution's corporate headquarters are currently found at 383 Madison Method in Midtown Manhattan, New York City, while the prior headquarters building straight nearby, 270 Park Avenue, is demolished as well as replaced with a new building. The existing business was originally called Chemical Bank, which acquired Chase Manhattan and also thought that business's name. The here and now company was created in 2000, when Chase Manhattan Corporation combined with J.P. Morgan & Co

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