**JPMorgan Chase & Co.**, often referred to as "JP," is a leading American multinational financial services company headquartered in New York City. Established in 2000 through the merger of J.P. Morgan & Co. and the Chase Manhattan Company, its roots date back to 1799 with the founding of what became the Bank of the Manhattan Company[5]. Today, JPMorgan Chase is the largest bank in the United States and the world's largest bank by market capitalization[5]. ### What the Organization Does JPMorgan Chase operates through four primary lines of business: - **Asset & Wealth Management**: Offers investment management services. - **Commercial Banking**: Provides financial services to corporations. - **Consumer & Community Banking**: Includes retail banking and credit card services under the Chase brand. - **Corporate & Investment Banking**: Offers a range of financial services such as mergers and acquisitions, sales and trading, and public offerings[1][5]. ### History and Key Achievements The company's history is marked by significant milestones, including the leadership of J. P. Morgan, who founded J.P. Morgan & Co. in 1871. Since its formation, JPMorgan Chase has expanded globally, operating in over 100 markets and employing over 300,000 people[4]. Its achievements include being a major provider of investment banking services and having one of the world's largest private banking franchises and asset management divisions[5]. ### Current Status As of 2025, JPMorgan Chase continues to be a major player in the financial sector, with assets totaling $4 trillion and a strong presence in global markets[5]. The company is known for its commitment to corporate responsibility, investing in community development and sustainability initiatives[4]. ### Notable Aspects JPMorgan Chase is recognized for its complex organizational structure, which includes numerous subsidiaries that help manage risk and optimize regulatory compliance[1]. The company also maintains a strong corporate culture, emphasizing integrity and