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In March 2000, Dimon became CEO of Bank One, the nation's fifth largest bank. [22] When JPMorgan Chase merged with Bank One in July 2004, Dimon became president and chief operating officer of the combined company. On December 31, 2005, he was named CEO of JPMorgan Chase, and on December 31, 2006, he was named chairman and president. [23]
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. [6] From 2015 to 2017 Piepszak was the CEO of Business ...
As Chairman and CEO of Chase, he and Douglas A. Warner III, then CEO of J.P. Morgan & Co., were the principal architects of the US$30.9 billion acquisition by Chase of J.P. Morgan & Co. in 2000, to form JPMorgan Chase & Co. [1] Harrison has been a director of the Firm or a predecessor institution since 1991. Harrison is also a director of Merck ...
By 1990, Chase bank was suffering from defaults on loans to real estate developers and less-developed countries. To settle that, the board looked to Labrecque to solve the issue and named him CEO and Chairman of the bank. In turning around the bank he divested the company's underperforming businesses and boosted profits in core divisions such ...
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYS: JPM) , a leading global financial services firm with assets of $2.3 trillion and operations in more than 60 ...
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Chase branches in the contiguous U.S. in 2020. The company also operates in Hawaii (not shown on the map).. JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank headquartered in New York City that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase.
As of Sept. 30, the bank had a huge $1.3 trillion loan portfolio. A recessionary scenario would undoubtedly lead to higher defaults, resulting in reduced earnings or even losses for the company.