Which bank was formed by the merger of Chase Manhattan and J.P. Morgan in 2000?

Which bank was formed by the merger of Chase Manhattan and J.P. Morgan in 2000? The answer is JPMorgan Chase.

The combination joined J.P. Morgan & Co., a major investment bank with roots in the 19th century, and Chase Manhattan, a commercial and retail banking giant whose lineage reached back to the Bank of the Manhattan Company, founded in 1799. The transaction created JPMorgan Chase & Co., headquartered in New York City.

The name can cause confusion because the modern company is also the product of later combinations. In 2004, it merged with Bank One, bringing Jamie Dimon into the company as president and chief operating officer. It later acquired major portions of Bear Stearns in 2008 and Washington Mutual’s banking operations during the financial crisis.

J.P. Morgan and Chase remain important brand names within the group: J.P. Morgan is chiefly associated with institutional and investment banking, while Chase is widely used for consumer and commercial banking. The bank’s history therefore reflects several mergers, but the 2000 merger supplied its defining modern name.