JPMorgan Chase is the largest publicly traded bank by market capitalization in the United States.
JPMorgan Chase & Co. is a diversified financial-services company whose businesses include consumer banking, credit cards, commercial banking, investment banking, asset management, and private banking. It serves customers in the United States and many other countries.
The modern company was created through a series of major mergers, including the 2000 combination of J.P. Morgan and Chase Manhattan. During the 2008 financial crisis, JPMorgan Chase acquired Bear Stearns and Washington Mutual’s banking operations with government-supported arrangements.
Market capitalization rankings can change as share prices move, so the leading position is a market snapshot rather than a permanent property. Bank size can also be measured by assets, deposits, revenue, or market value; these measures do not always produce the same ranking.