- CEO
- James Dimon
- Full Time Employees
- 318,477
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Address
- 383 Madison Avenue New York City NY United States of America 10179
- IPO Date
- Jan 18, 2019
- Business
- JPMorgan Chase & Co. (NYSE: JPM; JPM-PC) operates as a leading global financial services firm, providing a comprehensive range of banking, investment, and asset management products and services to consumers, businesses, institutions, and governments worldwide; its core offerings span consumer and community banking, including checking and savings accounts, certificates of deposit, mortgages, auto loans, credit cards, and small business banking under the Chase brand; corporate and investment banking, encompassing trading, market making, underwriting of initial public offerings, mergers and acquisitions advisory, and capital raising; asset and wealth management for individual clients, financial advisors, pensions, endowments, and sovereign wealth funds, featuring investment portfolios, estate planning, trusts, donor-advised funds, annuities, life insurance, and ETFs; and commercial banking for midsize businesses, municipalities, real estate investors, and nonprofits, with credit, financing, treasury, payment services, and international capabilities supported by advanced technology including digital banking apps, cybersecurity, electronic trading, blockchain, digital assets, and artificial intelligence applications. Founded through predecessors dating to 1799 with the Bank of the Manhattan Company and formally established in 2000 via the merger of J.P. Morgan & Co. and Chase Manhattan Bank, the company maintains its global headquarters at 270 Park Avenue in New York City and conducts operations across more than 100 markets, primarily in the United States, Europe, Asia, and Latin America, with approximately $4 trillion in total assets as of 2025. Recent developments include the May 2025 launch of a $1.5 trillion, 10-year Security and Resiliency Initiative to finance critical industries such as energy infrastructure, semiconductors, AI, cybersecurity, and defense through up to $10 billion in direct equity and venture capital investments, alongside plans to facilitate an additional $500 billion in client financing; expansion of its affluent J.P. Morgan Financial Centers network with 14 new locations opened in May 2025 across California, Florida, Massachusetts, and New York, bringing the total to 16 with 31 targeted by end-2026; strengthened partnership with Yodlee in November 2025 via an amended data access agreement to advance open finance and financial wellness solutions; over $40 million in new philanthropic commitments in November 2025 to boost housing supply paired with more than $5 billion in debt financing; appointment of Matt Sable and Melissa Smith as co-heads of commercial banking in February 2025; and hiring of Jonathan Slaughter from Goldman Sachs in February 2025 to enhance business services in Europe, the Middle East, and Africa.