JPMorgan Chase, a major market-cap bank, was formed in 2000 by the merger of J.P. Morgan and which company?

JPMorgan Chase was formed in 2000 by the merger of J.P. Morgan and Chase Manhattan Bank.

The merger combined J.P. Morgan, a historic investment bank, with Chase Manhattan, a major commercial bank. The resulting company was initially known as J.P. Morgan Chase. Its later growth included the 2004 merger with Bank One, which brought Jamie Dimon into the leadership structure, and the 2008 acquisition of Washington Mutual’s banking operations during the financial crisis.

JPMorgan Chase now operates across consumer banking, commercial banking, investment banking, asset management, and payments. The company’s businesses include the Chase retail brand in the United States and J.P. Morgan for institutional and investment-banking services.

The company’s name can be confusing because “J.P. Morgan” and “Chase” refer to different historical institutions as well as current brands. The modern corporation inherited corporate lines from both organizations, but its legal identity is JPMorgan Chase & Co.