J.P. Morgan Chase

JPMorgan Chase & Co. is a global financial services firm whose business areas include Asset & Wealth Management, Commercial & Investment Banking, and Consumer & Community Banking. The company says these businesses provide investment and wealth solutions, capital raising and risk management, payments and asset safeguarding, and banking, saving and investing services for consumers and businesses. [1]

The firm’s institutional history extends across more than 1,200 predecessor institutions. JPMorgan Chase traces its origin to the Manhattan Company, founded in New York in 1799, and its corporate history records the 1955 merger that created Chase Manhattan Bank and the 2000 merger of Chase Manhattan with J.P. Morgan & Co. The Bank One merger in 2004 was another important step in the modern group’s development. [2] [3]

For 2025, JPMorgan Chase reported revenue of $185.6 billion and net income of $57.0 billion. Its 2025 shareholder letter also says the firm extended credit and raised capital totaling $3.3 trillion for consumer and institutional clients, moved nearly $12 trillion daily in more than 120 currencies and over 160 countries, and safeguarded more than $41 trillion in assets. [3]

J.P. Morgan has conducted business in China since 1921, according to the firm’s China history. Its China platform now includes investment and corporate banking, wholesale payments, markets, securities services, commercial banking and asset management, alongside locally incorporated banking, futures, asset-management and securities entities. J.P. Morgan Securities (China), established in 2019 and opened in March 2020, is the group’s onshore securities company and is described separately in this database. [4]