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His estate was worth $68.3 million ($1.39 billion in today's dollars based on CPI, or $25.2 billion based on share of GDP), of which about $30 million represented his share in the New York and Philadelphia banks. The value of his art collection was estimated at $50 million.
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 ...
Its full-year profits rose to $58 billion, an all-time record for JPMorgan and the most ever in the history of American banking. Its fourth-quarter profits were up 50% from the year-earlier period.
From 2015, which is when the Paris Agreement was adopted, until 2021, JP Morgan Chase provided $317 billion in fossil fuel financing; 33% more than any other bank. [201] On October 21, 2021, JP Morgan Chase joined the Net-Zero Banking Alliance, [202] which supports "the global transition of the real economy to net-zero emissions." [203]
An exchange of shares in Visa provides JPMorgan an unrealized gain of $8 billion, giving the nation's largest bank a shot to once again out-earn rivals during the second quarter.
J.P. Morgan's 2025 Year Ahead Best Idea list includes five stocks that look like outstanding ideas for growth and income investors.
The Morgan Library & Museum (originally known as the Pierpont Morgan Library; colloquially the Morgan) is a museum and research library at 225 Madison Avenue in the Murray Hill neighborhood of Manhattan in New York City, New York, U.S. Completed in 1906 as the private library of the banker J. P. Morgan, the institution has more than 350,000 objects.
Last year JPMorgan Chase earned more profits than it ever has before, even as its results dipped in the final quarter.The largest lender in the US reported Friday that it raked in a record $49.6 ...