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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.
An office of the Equitable Eastern Banking Corporation (one of J.P. Morgan's predecessors) opened a branch in China in 1921 and Chase National Bank was established there in 1923. [37] The bank has operated in Saudi Arabia [38] and India [39] since the 1930s. Chase Manhattan Bank opened an office in South Korea in 1967. [40]
J.P. Morgan Cazenove is a marketing name for the U.K. investment banking businesses and EMEA cash equities and equity research businesses of JPMorgan Chase & Co. and its subsidiaries. In 2005, JPMorgan Chase acknowledged that its two predecessor banks had received ownership of thousands of slaves as collateral prior to the Civil War. The ...
The bank joined CHAPS in 2010. [2] The company has provided the Post Office card account since 2006, [3] [4] [5] acquired investment bank Cazenove in 2010 [6] and acquired London based online investment firm Nutmeg in June 2021. [7] JPMorgan Chase launched a retail banking operation in the UK in September 2021 under the Chase brand name ...
The bank merged with Chase National Bank in 1955 to become Chase Manhattan. [41] In 1996, Chase Manhattan was acquired by Chemical Bank, which retained the Chase name, to form what was then the largest bank holding company in the United States. [42] In December 2000, the bank acquired J.P. Morgan & Co. to form JPMorgan Chase & Co. [43]
The similarity of Credit One Bank's logo and the Capital One logo caused confusion among consumers, with many not realizing they were separate companies. Credit One Bank adopted their black and blue "swoosh" logo in 2006. [37] In February 2009, Capital One acquired Chevy Chase Bank for $520 million in cash and stock. [38] [39] [40] [41]
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]
Having risen through the ranks of Chemical Bank before succeeding Walter V. Shipley during the Chemical Bank merger with the Chase Manhattan Corporation in 1995, which kept the Chase name. 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 ...