"JPMorgan Chase & Co. is an American multinational financial investment bank and also economic services holding company headquartered in New York City. JPMorgan Chase is rated by S&P Global as the biggest bank in the United States and also the 6th biggest financial institution in the world by complete possessions, with complete assets 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 Brace"" bank, it is a significant carrier of numerous investment financial and also economic solutions. It is one of America's Big Four banks, together with Financial institution of America, Citigroup, as well as Wells Fargo. [8] JPMorgan Chase is thought about to be a global bank as well as a custodian financial institution. The J.P. Morgan brand, is utilized by the financial investment financial, asset administration, private banking, exclusive riches monitoring, as well as treasury services divisions. Fiduciary task within exclusive banking and also private wealth administration is done under the aegis of JPMorgan Chase Financial Institution, N.A.-- the real trustee. The Chase brand is used for credit card services in the USA and also Canada, the financial institution's retail financial activities in the United States, and business financial. Both the retail and also commercial bank as well as the bank's corporate headquarters are currently found at 383 Madison Opportunity in Midtown Manhattan, New York City City, while the prior headquarters building straight across the street, 270 Park Opportunity, is destroyed and also replaced with a new structure. The current firm was originally referred to as Chemical Financial institution, which obtained Chase Manhattan as well as assumed that business's name. The here and now firm was developed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co

. As of 2019, the possession administration arm of the bank has US$ 2.988 trillion in possessions under administration, while its investment and also company financial institution arm holds US$ 25.45 trillion in assets under protection. At US$ 45.0 billion in possessions under administration, the hedge fund device of JPMorgan Chase is the third largest hedge fund in the world."