Topic summary
JPMorgan Chase
JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational banking institution 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 2026. 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 development of an internal "Fortress Balance Sheet".
JPMorgan Chase is located at 270 Park Avenue in Midtown Manhattan. It 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. Morgan & Co. was founded in 1871 by the American financier J. P. Morgan, who launched the House of Morgan on 23 Wall Street as a national purveyor of commercial, investment, and private banking services. Today, the firm is a major provider of investment banking services, through corporate advisory, mergers and acquisitions, sales and trading, and public offerings. Its private banking franchise and asset management division are among the world's largest in terms of total assets. Its retail banking and credit card offerings are provided via the Chase brand worldwide.
JPMorgan Chase is the world's fifth-largest bank by total assets, with $4 trillion in assets as of 2026. The firm operates the largest investment bank in the world by revenue. It occupies the 11th spot on the Fortune 500 list of the largest U.S. corporations by revenue. In 2026, JPMorgan Chase was ranked #1 in the Forbes Global 2000 ranking for the fourth consecutive year. The company's balance sheet, geographic footprint, and thought leadership have yielded a substantial market share in banking. It receives routine criticism for its risk management, broad financing activities, and large-scale legal settlements.