JP Morgan Chase

The headquarters for JPMorgan Chase is located in the New York City while their commercial banking and retail finance office is located in Chicago. Some of their major institutions include J.P. Morgan, Manufacturers Hanover, Chase Manhattan, Bank One, National Bank of Detroit and First Chicago.

Some of the major transactions that led to the expansion of their horizons include:

1. Chemical Banking Corp. merged with Hanover Corp., in 1992 to become the second-largest institution in banking in the United States.
2. First Chicago Corporation was involved in a merger with the NBD Bancorp. group to form First Chicago NBD, in 1995. They went on to become a leading banking company.
3. Chase Manhattan Corporation merged with Chemical Banking Corporation that led to the formation of the largest holding company in 1996 in America.
4. Banc One Corporation went into a merger with First Chicago NBD in1998 to become Bank One Corporation, which later on merged with Louisiana's First Commerce Corporation. Post merger, Bank One became the leading company in financial services.
5. J.P. Morgan & Co. went into a merger with Chase Manhattan Corp. in 2000 and became J.P. Morgan Chase & Co.
6. Most of the mergers ended in July of 2004 after J.P. Morgan Chase & Co. and Bank One Corp. joined to form what is known as JPMorgan Chase &Co.

JPMorgan Chase is considered as one of the leading global financial services firm with assets of over $1.4 trillion. They have operations in more than 50 countries with 170,000 employees. They are considered as the leaders in financial services for consumers, investment banking, small business, asset management, private equity, commercial banking, and financial transaction processing. They are also a component of the Dow Jones Industrial Average.

JPMorgan Chase Brands

The first and one of the most prominent brands is the JPMorgan Chase, which is used by the company’s subsidiaries and by their Treasury Services business and Community Development Group. Some of the clients of JPMorgan include prominent corporations, wealthy individuals, affluent businessmen, institutional investors and governments. The JPMorgan brand has the following businesses:

1. Worldwide Securities Services
2. Investment Bank
3. Private Banking
4. One Equity Partners
5. Asset Management
6. Private Client Services

All their U.S. consumer and commercial banking businesses come under the Chase brand to serve the customers. The consumer businesses include:

1. Small business
2. Credit card
3. Home finance
4. Auto and education finance
5. Insurance

Lastly, the commercial banking businesses include:

1. Corporate
2. Middle Market
3. Commercial Real Estate
4. Equipment Leasing
5. Business Credit

Community partnership

JPMorgan Chase, JPMorgan and Chase are involved in delivering community partnership capabilities globally. They are one of the leaders in community partnership and this is a part of their enduring culture at JPMorgan Chase.

One of their popular credit cards is the Chase FreedomSM Visa® Card. A card member can earn up to 3% cash back on their everyday purchases by using this card. Apart from this, every card member will receive 1% for every dollar spent on various purchases.