Which bank, founded in 1799, is the largest bank in the United States by total assets?

JPMorgan Chase, founded through the 1799 origins of Chase Manhattan predecessor Chase Bank, is the largest bank in the United States by total assets.

The modern corporation was created in 2000 when J.P. Morgan & Co. merged with Chase Manhattan Corporation. Its lineage includes institutions with histories extending to the late eighteenth and nineteenth centuries. JPMorgan Chase is headquartered in New York City and serves consumers, businesses, governments, and institutional investors.

The company operates through consumer banking, commercial banking, investment banking, asset management, and private banking. Its consumer brand is commonly called Chase, while JPMorgan is especially associated with institutional and investment-banking services.

Market capitalization and total assets are different measurements. Market cap values a company's publicly traded equity; total assets measure the resources recorded on a bank's balance sheet. Rankings can vary by date and metric, but JPMorgan Chase is consistently the largest U.S. bank by assets.