A review on JPMorgan Chase Bank

JPMorgan Chase & Co. Was founded founded September 1, 1799; 220 years ago. It is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the sixth largest bank in the world by total assets, with total assets of US$2.687 trillion It is also the world's most valuable bank by market capitalization

JPMorgan Chase Bank has London as the regional headquarters for Europe, the Middle East and Africa

Advantages
1. They help is Wealth Management and Brokerage.
2. They offer Merchant Services
3. Theu offer investments, liquidity and credit management, and tax and estate planning.

Disadvantages
1. They have strict rules on which they operate by.

The bank is a development agent because it is able to provide activities that enable people to invest, distribute, consume or services using money as the medium. All of these banking activities will certainly affect the economic development of the community. As is known, the real sector and the monetary sector are two sectors that influence each other. If one sector is not doing well, then this will affect the other side as well.

As everyone knows, banks offer various financial services to the public such as deposit services, loan services, and so on. The bank itself is a collector of public funds aimed at the public, so the services offered by this bank are closely related to the economic activities of the community.

Bank Function

Agent of Trust
Trust is the key and the main basis for banking activities (trust). Trust here includes the activity of collecting funds from the public as well as in channeling them back to the community or other banks.
The main key is that people are want to entrust the funds they have to the bank if it is based on trust in the bank. The public believes and believes that the funds they have deposited will be safe and can be retrieved at any time without any fear that the bank will go bankrupt or cannot be retrieved. Likewise, banks in channeling these deposited funds to be lent to debtors are also based on the principle of trust.
The bank will not worry if the debtor will misuse the funds that have been loaned to them because the bank believes the debtor has the ability to pay according to a reasonable calculation. In addition, the bank believes that the debtor will have the intention to pay bills on time

Agent of Development
The real sector and the monetary sector are two economic things that cannot be separated, interact with and influence each other. If one of them is not working well, it will also affect the other side.
Here the bank is functioned to provide activities that allow people to invest, distribute and consume / services where all these activities cannot be separated from the use of money. If all these activities run smoothly, it will certainly help a lot in the development of the community's economy.

Agent of Service
Apart from the main activity of the bank of collecting and distributing money, the bank also offers other banking services to the public. The services offered by this bank are closely related to the general economic activities of the community. Services here are in the form of money transfers, valuables, bank guarantees and bill settlement.

A Review On JPMorgan Chase & Co


JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the seventh largest bank in the world by total assets, with total assets of US$2.687 trillion.

As a Bulge Bracket bank, it is a major provider of various investment banking and financial services. It is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo. JPMorgan Chase is considered to be a universal bank and a custodian bank. The J.P. Morgan brand, is used by the investment banking, asset management, private banking, private wealth management, and treasury services divisions. Fiduciary activity within private banking and private wealth management is done under the aegis of JPMorgan Chase Bank the actual trustee.

While the prior headquarters building directly across the street, 270 Park Avenue, is demolished and replaced with a new building. The current company was originally known as Chemical Bank, which acquired Chase Manhattan and assumed that company's name. The present company was formed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co.

Shares of J.P. Morgan Chase & Co. JPM, +2.16% rose 0.8% in midday trading Thursday, to buck the broad-market selloff, after Deutsche Bank analyst Matt O'Connor turned bullish on the banking giant, citing "attractive" valuation given recent underperformance and an improved outlook for the sector. O'Connor raises his rating to buy from hold, and lifted his price target to $115 from $105.

JPMorgan चेस एंड कंपनी एक अमेरिकी बहुराष्ट्रीय निवेश बैंक और वित्तीय सेवाओं की कंपनी है जिसका मुख्यालय न्यूयॉर्क शहर में है। जेपी मॉर्गन चेस को संयुक्त राज्य अमेरिका में एस एंड पी ग्लोबल द्वारा सबसे बड़े बैंक के रूप में और दुनिया में सातवें सबसे बड़े बैंक के रूप में कुल संपत्ति, यूएस $ 3.213 ट्रिलियन के साथ रैंक किया गया है। यह बाजार पूंजीकरण द्वारा दुनिया का सबसे मूल्यवान बैंक भी है। जेपी मॉर्गन चेस डेलावेयर में शामिल है।

"बज ब्रैकेट" बैंक के रूप में, यह विभिन्न निवेश बैंकिंग और वित्तीय सेवाओं का एक प्रमुख प्रदाता है। यह बैंक ऑफ अमेरिका, सिटीग्रुप और वेल्स फारगो के साथ अमेरिका के बिग फोर बैंकों में से एक है। जेपी मॉर्गन चेस को एक सार्वभौमिक बैंक और एक संरक्षक बैंक माना जाता है। जे.पी. मॉर्गन ब्रांड, का उपयोग निवेश बैंकिंग, परिसंपत्ति प्रबंधन, निजी बैंकिंग, निजी धन प्रबंधन, और ट्रेजरी सर्विसेज डिवीजनों द्वारा किया जाता है। जेपी मॉर्गन चेस बैंक, एन.ए.-वास्तविक ट्रस्टी के तत्वावधान में निजी बैंकिंग और निजी धन प्रबंधन के भीतर सहायक गतिविधि की जाती है। चेस ब्रांड का उपयोग संयुक्त राज्य अमेरिका और कनाडा में क्रेडिट कार्ड सेवाओं, संयुक्त राज्य में बैंक की खुदरा बैंकिंग गतिविधियों और वाणिज्यिक बैंकिंग के लिए किया जाता है। दोनों खुदरा और वाणिज्यिक बैंक और बैंक के कॉर्पोरेट मुख्यालय वर्तमान में मिडटाउन मैनहट्टन, न्यूयॉर्क शहर में 383 मैडिसन एवेन्यू में स्थित हैं, जबकि सड़क के पार सीधे मुख्यालय का निर्माण, 270 पार्क एवेन्यू, ध्वस्त हो गया है और एक नए भवन के साथ बदल दिया गया है। वर्तमान कंपनी को मूल रूप से केमिकल बैंक के रूप में जाना जाता था, जिसने चेस मैनहट्टन का अधिग्रहण किया और उस कंपनी का नाम ग्रहण किया। वर्तमान कंपनी का गठन 2000 में हुआ था, जब चेस मैनहटन कॉर्पोरेशन का जेपी मॉर्गन एंड कंपनी के साथ विलय हो गया था।

2020 तक, बैंक के परिसंपत्ति प्रबंधन शाखा के पास प्रबंधन के तहत संपत्ति में $ 3.37 ट्रिलियन है, जबकि इसके निवेश और कॉर्पोरेट बैंक के हाथ में संपत्ति के तहत 27.447 ट्रिलियन अमेरिकी डॉलर है। प्रबंधन के तहत परिसंपत्तियों में यूएस $ 45.0 बिलियन, जेपी मॉर्गन चेस की हेज फंड इकाई दुनिया में तीसरा सबसे बड़ा हेज फंड है।