Which bank was formed in 2000 when Chase Manhattan merged with J.P. Morgan?

JPMorgan Chase was formed in 2000 when Chase Manhattan merged with J.P. Morgan.

The merger joined Chase Manhattan’s commercial-banking operations with J.P. Morgan’s investment-banking and corporate-finance heritage. The resulting company became one of the largest banking groups in the United States.

JPMorgan Chase’s modern structure also reflects later transactions, including its 2004 merger with Bank One and its 2008 acquisition of the deposits and assets of Washington Mutual during the financial crisis. The group now operates consumer banking, commercial banking, investment banking, asset management, and payments businesses.

The names JPMorgan and Chase can refer to different divisions within the same corporation. JPMorgan is commonly used for institutional and investment-banking activities, while Chase is strongly associated with consumer and commercial banking.