JP Morgan Chase

2015-07-20 - 12:56 | News |

M. Jamie Tisch in Houston
JPMorgan Chase (NYSE: JPM TYO: 8634) is a company created the financial year 2000 from the merger of Chase Manhattan Corporation and JP Morgan and Co. hedge funds (Banking Morgan). Is one of the oldest financial services worldwide. The company, headquartered in Ernst New York, is a leader in investment banking, financial services, management of financial assets and private investments. With financial assets of 1.3 trillion dollars, JPMorgan Chase is now the third bank in the United States, behind Bank of America and Citigroup.
The unit of asset Management free investment funds (hedge fund) of the bank is the largest of the United States with investments of 34 billion dollars in 2007 .
In 2004, the company re-merged with Bank One in Chicago, including the executive director of the latter, Jamie Dimon, chairman and CEO of the merged company, while it was decided that it would be the successor of who was director Group Executive at the time, William B. Harrison, Jr.. Ernst In January 2006, Dimon was named chief executive last December and also chairman of JP Morgan Chase.
JPMorgan Chase operates as a holding. Chase is used as a brand of credit cards stocks and retail banking activities in the United States.