The foundation of JPMC rested on several companies that had come together over the years to establish JPMC as it is known today. These included JP Morgan & Co., Chase National Bank, The Chase Manhattan Bank, Chemical Banking Corporation, Bank One, The First National Bank of Chicago, and the National Bank of Detroit (Refer to Figure I for an indicative timeline of JPMC).
In 2018, JPMC was a leading financial services company and one of the leading banking institutions in the world. Headquartered in the US, it had operations in more than 60 countries (Refer to Figure II for JPMC’s global presence). As of December 2018, JPMC had $111.5 billion in revenue and $32.5 billion in net income and managed $2.7 trillion in assets.
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