JPMorgan Chase & Co. is a multinational banking and financial services institution, the largest bank in the United States, and the world's largest bank by market capitalization as of 2025. The company provides a wide array of services, including investment banking, asset management, commercial banking, and financial transaction processing. It serves millions of customers, primarily in the U.S., but also caters to prominent corporate, institutional, and government clients globally. JPMorgan Chase has assets of $3.9 trillion and operations worldwide.
The firm's origins trace back to 1799 with the Bank of the Manhattan Company, but J.P. Morgan & Co. was founded in 1871 by John Pierpont Morgan. In 2000, J.P. Morgan & Co. merged with Chase Manhattan Bank to form JPMorgan Chase & Co. Jamie Dimon is the current Chairman and CEO, a position he has held since 2005. Jennifer Piepszak is the Chief Operating Officer. In recent news, JPMorgan Chase is planning to open over 160 branches in more than 30 states across the United States in 2026. The company reported a fourth-quarter 2025 net income of $13.0 billion.