JP Morgan Chase and Co.
JPMorgan Chase is one of the oldest financial services firms in the world. The company, headquartered in New York City, is one of the leaders in investment banking, financial services, asset and wealth management and private equity. With assets of $1.6 trillion, JPMorgan Chase is currently the third largest banking institution in the United States,[1] behind Bank of America and Citigroup. The hedge fund unit of JPMorgan Chase is the largest hedge fund in the United States with $34 billion in assets as of 2007.[2] Formed in 2000 when Chase Manhattan Corporation acquired J.P. Morgan & Co., the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and governmental clients.
Notes
- ↑ Federal Reserve System | Top 50 bank holding companies date=2007-03-31 accessdate = 2007-08-02 }}
- ↑ Barr, Alistair J.P. Morgan is largest U.S. hedge-fund firm publisher = MarketWatch date=2007-03-05, accessdate = 2007-08-02 }}
