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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.
George Fisher Baker became president of the bank after the Thompsons left the bank in the hands of Harris C. Fahnestock, a former partner of railroad financier Jay Cooke in the banking firm of Jay Cooke & Company, in 1877. [8] Thompson also founded Chase National Bank of the City of New York in 1877 (a predecessor to today's JPMorgan Chase Bank).
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 merger that re-established J.P. Morgan as the leading name of its industry took place in 2000, when Chase Manhattan merged with the House of Morgan to create JPMorgan Chase. It is now the ...
On this day in economic and business history ... Like many aspiring bankers of the mid-19th century, young John Pierpont Morgan got into the business of finance with the help of some old-fashioned ...
JP Morgan Chase. New York. $3.4 trillion. Bank of America. ... Founded in 1828, Citizens Bank provides full-service banking to consumer and commercial customers in the mid-Atlantic, midwest, and ...
JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational financial services firm 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 2023.
In 1973, Chase established the first branch of an American bank in Moscow, in the then Soviet Union. That year Rockefeller traveled to China, resulting in his bank becoming the National Bank of China's first correspondent bank in the U.S. [19] During this period, Chase Manhattan expanded its influence over many non-financial corporations.