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JPMorgan
JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational finance corporation headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States, and the world's largest bank by market capitalization as of 2024. As the largest of the Big Four banks in America, the firm is considered systemically important by the Financial Stability Board. Its size and scale have often led to enhanced regulatory oversight as well as the maintenance of an internal "Fortress Balance Sheet". The firm is headquartered in Midtown Manhattan and is set return to its former location at the new under-construction JPMorgan Chase Building at 270 Park Avenue in November 2025. JPMorgan Chase was created in 2000 by the merger of New York City banks J.P. Morgan & Co. and Chase Manhattan Company. Through its predecessors, the firm's early history can be traced to 1799, with the founding of what became the Bank of the Manhattan Company. J.P. Morg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jamie Dimon
James Dimon ( ; born March 13, 1956) is an American businessman who has been the chairman and chief executive officer (CEO) of JPMorgan Chase since 2006. Dimon began his career as a management consultant at Boston Consulting Group. After earning an MBA from Harvard Business School in 1982, he joined American Express, working under the mentorship of Sandy Weill. In 1986, at age of 30, Dimon was appointed chief financial officer (CFO) of Commercial Credit and later became the firm's president. He was chief operating officer (COO) of both the insurer Travelers and the brokerage firm Smith Barney from 1990 to 1998, when he became president of Citigroup. In 2000, he was appointed CEO of Bank One, overseeing its operations until merger with JPMorgan Chase in 2004. Dimon then became COO of JPMorgan Chase, assuming the role of CEO in 2006. He was on the board of directors of the Federal Reserve Bank of New York during the late 2010s. Dimon was included in ''Time'' magazine's 2006, 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chase Bank
JPMorgan Chase Bank, N.A., Trade name, doing business as Chase, is an American National bank (United States), national bank headquartered in New York City that constitutes the retail banking, consumer and commercial bank, commercial banking subsidiary of the U.S. Multinational corporation, multinational banking and financial services holding company, JPMorgan Chase. The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000. Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Manhattan Company in 1955. The bank merged with Chemical Bank New York in 1996 and later merged with Bank One Corporation in 2004 and in 2008 acquired the deposits and most assets of Washington Mutual. In May 2023, it acquired the assets of First Republic Bank. Chase offers more than 4,701 branches and 15,000 Automated teller machine, ATMs nationwide and has 18.5 million checking accounts and 25 million debit card users as of 2023. JPMorgan Chase ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
270 Park Avenue (2021–present)
270 Park Avenue, also known as the JPMorgan Chase Building, is a supertall skyscraper on the East Side (Manhattan), East Side of the Midtown Manhattan, Midtown neighborhood of Manhattan in New York City. Designed by the firm of Foster + Partners, the skyscraper is expected to rise when completed in 2025. The tower replaces the 52-story 270 Park Avenue (1960–2021), Union Carbide Building, built in 1960 and demolished in 2021. The old structure was the headquarters of JPMorgan Chase, which is using 383 Madison Avenue until it can move into the new building. Before that, the old building was originally the headquarters of Union Carbide. Site Located in New York City's Midtown Manhattan neighborhood, 270 Park Avenue will occupy the entire city block bounded by Madison Avenue to the west, 48th Street to the north, Park Avenue to the east, and 47th Street (Manhattan), 47th Street to the south. The lot measures about with a frontage of on each avenue and on each street. The l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
383 Madison Avenue
383 Madison Avenue, formerly known as the Bear Stearns Building, is a , 47-story skyscraper in the Midtown Manhattan neighborhood of New York City, New York, U.S. Built in 2002 for financial services firm Bear Stearns, it was designed by architect David Childs of Skidmore, Owings & Merrill (SOM). It housed Bear Stearns's world headquarters until 2008, when Bear collapsed and was sold to JPMorgan Chase. Since then, J.P. Morgan & Co., JPMorgan's investment banking division has occupied the building. 383 Madison Avenue occupies an entire city block bounded by Madison Avenue, 47th Street (Manhattan), 47th Street, Vanderbilt Avenue (Manhattan), Vanderbilt Avenue and 46th Street. The eastern two-thirds of the building is erected over two stories of tracks leading to the nearby Grand Central Terminal. Above the rectangular base, there are several Setback (architecture), setbacks tapering to an octagonal tower. The facade is made of granite with glass panels, and the tower is topped by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chemical Bank
Chemical Bank, headquartered in New York City, was the principal operating subsidiary of Chemical Banking Corporation, a bank holding company. In 1996, it acquired Chase Bank, adopted the Chase name, and became the largest bank in the United States. Prior to the 1996 merger, Chemical was the third-largest bank in the U.S., with $182.9 billion in assets and more than 39,000 employees. In addition to operations in the U.S., it had a major presence in Japan, Germany, and the United Kingdom. It was active in both corporate banking as well as retail banking as well as investment banking and underwriting corporate bonds and equity (finance), equity. The bank was founded in 1824 as a subsidiary of the New York Chemical Manufacturing Company by Balthazar P. Melick and others; the manufacturing operations were sold by 1851. Major acquisitions by the bank included Corn Exchange Bank in 1954, Texas Commerce Bank in 1987, and Manufacturers Hanover in 1991. The bank converted to the holding co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
One Equity Partners
One Equity Partners is a private equity firm with over $10 billion in assets under management which primarily deals with the industrial, healthcare and technology sectors in North America and Europe. One Equity Partners was the merchant banking arm of JPMorgan Chase, focused on leveraged buyout and growth capital investments in middle-market companies. Formed by Bank One in 2001, the group has offices in New York City, Chicago, São Paulo, Vienna, Hong Kong and Frankfurt. Investments In 2006, One Equity, together with The Blackstone Group and Technology Crossover Ventures, acquired Travelport from Cendant in a $4.3 billion buyout. The company owns Worldspan and Galileo as well as approximately 48% of Orbitz Worldwide. The sale of Travelport followed the spin-offs of Cendant's real estate and hospitality businesses, Realogy Corporation and Wyndham Worldwide Corporation, respectively, in July 2006. Later in the year, TPG and Silver Lake would acquire Travelport's chief comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jennifer Piepszak
Jennifer Piepszak is an American financial executive and co-head of J.P. Morgan’s Commercial & Investment Bank. Her appointment was announced on January 25, 2024. Prior to this, Piepszak served as co-chief executive officer (CEO) of Consumer and Community Banking at Chase. ''Barron's'' named Piepszak one of the 100 Most Influential Women in U.S. Finance. Crain's New York named Piepszak the No. 2 Most Powerful Women in New York in 2019. ''American Banker'' named Piepszak the No. 4 Woman to Watch in 2018. She was ranked 24th on Fortune's list of Most Powerful Women in 2023. Early life Piepszak graduated with a Bachelor of Science degree from Fairfield University. Career Piepszak joined JPMorgan Chase in 1994. During her first 17 years she worked in the Corporate & Investment Bank, where she served as chief financial officer ( CFO) for mortgage banking, CFO for the Investment Bank Credit Portfolio and Controller for Global Equities and Prime Services. From 2015 to 2017 Piepszak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chase UK
Chase is a UK-based online bank brand operating as a division of J.P. Morgan Europe Limited. History In January 2021, JP Morgan Chase announced that it was to enter the UK retail banking sector, under the Chase brand, later that year, establishing its first non-US retail banking operation in its history. The first Chase branded products in the UK were launched in September 2021. It was named the fastest-growing fintech app in 2022, beating the likes of Starling and Monzo. In May 2023, Chase announced it had attracted over 1.6 million customers since it launched in the UK, and held £15 billion in customer deposits. In September 2023, Chase announced it would ban all cryptocurrency purchases made from 16 October 2023. Services The Chase branded app-based current account and linked savings account was launched in Late September 2021 . The account allows customers to send and receive money via Faster Payments and since March 2022, the option to pay by direct debits A direc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manhattan Company
The Manhattan Company was a New York bank and holding company established on September 1, 1799. The company merged with Chase National Bank in 1955 to form the Chase Manhattan Bank. It is the oldest of the predecessor institutions that eventually formed the current JPMorgan Chase & Co. History 18th century The Manhattan Company was formed in 1799 with the ostensible purpose of providing clean water to Lower Manhattan. However, the main interest of the company was not in the supply of water, but rather in becoming a part of the banking industry in New York. At that time, the banking industry was monopolized by Alexander Hamilton's Bank of New York and the New York branch of the First Bank of the United States. "To circumvent the opposition of Hamilton to the establishment of a bank," and following an epidemic of yellow fever in the city, Aaron Burr founded the company and successfully gained banking privileges through a clause in its charter granted to it by the state that all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
S&P 100
The Standard and Poor's 100, or simply the S&P 100, is a stock market index of United States stocks maintained by Standard & Poor's. The S&P 100 is a subset of the S&P 500 and the S&P 1500, and holds stocks that tend to be the largest and most established companies in the S&P 500. However, the S&P 100 actually includes 101 larger US company stocks due to holding two different share classes of Alphabet Inc. Constituents of the S&P 100 are selected for sector balance and represent nearly 71% of the market capitalization of the S&P 500 and 61% of the market capitalization of the U.S. equity markets as of December 2024. Index options on the S&P 100 are traded with the ticker symbol "OEX". Because of the popularity of these options, investors often refer to the index by its ticker symbol. History In 1983, the CBOE created the first index options, based on its own index, the CBOE 100. In 1993, CBOE created the Chicago Board Options Exchange Market Volatility Index (VIX), which was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DJIA
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indices. It is price-weighted, unlike other common indexes such as the Nasdaq Composite or S&P 500, which use market capitalization. The DJIA also contains fewer stocks, which could exhibit higher risk; however, it could be less volatile when the market is rapidly rising or falling due to its components being well-established large-cap companies. The value of the index can also be calculated as the sum of the stock prices of the companies included in the index, divided by a factor, which is approximately 0.163 . The factor is changed whenever a constituent company undergoes a stock split so that the value of the index is unaffected by the stock split. First calculated on May 26, 1896, the index is the second-oldest among U.S. market indices, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
