JPMorgan Chase & Co.
Type	Public (NYSE: JPM)
Founded	1799
Headquarters	New York, New York
Area served	Worldwide
Key people	James L. Dimon (Chairman) & (CEO)
Industry	Finance and Insurance
Products	Investment Banking Financial Services
Market Cap	US$ 145. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. The City of New York New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous James "Jamie" L Dimon (born March 13, 1956) is the current CEO and Chairman of JPMorgan Chase & Co A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Financial services refer to services provided by the finance industry. In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need Investment banks profit from companies and governments by raising money through issuing and selling Securities in the Capital markets (both equity and Financial services refer to services provided by the finance industry. Market capitalization/capitalisation (aka market cap, mkt cap or capitalized/capitalised value) is a measurement of Corporate or Economic The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been 881 Billion (2007)
Revenue	▲ US$ 116. In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been 353 Billion (2007)[1]
Operating income	▲ US$ 46. In financial and business Accounting, earnings before interest and taxes (EBIT is a measure of a firm's profitability that excludes interest and income tax expenses The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been 133 Billion (2007)[1]
Net income	▲ US$ 15. Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been 365 Billion (2007)[1]
Total assets	▲ US$ 1. In Business and Accounting, assets are everything owned by a person or company (all tangible and intangible property that can be converted into cash. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been 562 Trillion (2007)[2]
Total equity	▲ US$ 123. In accounting terms after all liabilities are paid ownership equity is the remaining interest in Assets If valuations placed on assets do not exceed liabilities The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been 221 Billion (2007)
Employees	180,667 (2007)[1]
Website	www.jpmorganchase.com www.jpmorgan.com www.chase.com

JPMorgan Chase & Co. Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages (NYSE: JPM) is one of the oldest financial services firms in the world. The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Financial services refer to services provided by the finance industry. The company, headquartered in New York City, is a leader in investment banking, financial services, asset and wealth management and private equity. The City of New York Investment banks profit from companies and governments by raising money through issuing and selling Securities in the Capital markets (both equity and Financial services refer to services provided by the finance industry. In Business and Accounting, assets are everything owned by a person or company (all tangible and intangible property that can be converted into cash. Wealth Management is an advanced investment advisory discipline that incorporates Financial planning and specialist financial services In Finance, private equity is an Asset class consisting of equity Securities in operating companies that are not Publicly traded on With assets of $1. 6 trillion, JPMorgan Chase is currently the third largest banking institution in the United States,^[3] behind Bank of America and Citigroup. A banker or bank is a Financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money The United States of America —commonly referred to as the Banc of America Securities Bank of America () is the largest bank by asset and second largest commercial Bank by deposits and Market capitalization in United The hedge fund unit of JPMorgan Chase is the largest hedge fund in the United States with $34 billion in assets as of 2007. A hedge fund is a private Investment fund open to a limited range of investors which is permitted by regulators to undertake a wider range of activities than other investment A hedge fund is a private Investment fund open to a limited range of investors which is permitted by regulators to undertake a wider range of activities than other investment The United States of America —commonly referred to as the ^[4] Formed in 2000 when Chase Manhattan Corporation acquired J.P. Morgan & Co., the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and governmental clients. The Chase Manhattan Corporation was a Bank holding company formed as parent of the Chase Manhattan Bank. JP Morgan & Co was a commercial and Investment banking institution based in the United States founded by J

In 2004, the company merged with Bank One Corp. , bringing on board CEO Jamie Dimon as president and COO and designating him as CEO William B. Harrison, Jr.'s successor. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator James "Jamie" L Dimon (born March 13, 1956) is the current CEO and Chairman of JPMorgan Chase & Co A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator William B Harrison Jr, born August 12 1943 in Rocky Mount, North Carolina, is the former CEO and Chairman of JPMorgan Chase. Dimon's pay was pegged at 90% of Harrison's. Dimon quickly made his influence felt by embarking on a cost-cutting strategy and replaced former JPMorgan Chase executives in key positions with Bank One executives -- many of whom were with Dimon at Citigroup. Dimon became CEO in January 2006 and Chairman in December 2006.

The Chase brand named is used for credit card services in the United States and Canada and the bank's retail banking activities in the United States. A credit card is part of a system of Payments named after the small Plastic card issued to users of the system The United States of America —commonly referred to as the Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Retail banking refers to banking in which Banking institutions execute transactions directly with consumers rather than corporations or other banks The United States of America —commonly referred to as the The JPMorgan brand is used by the Investment Bank as well as the Wealth & Asset Management Group's partially merged Private Bank and Personal Client Services divisions. Fiduciary activity within W&A is done under the aegis of JPMorgan Chase Bank, N. A. -- the actual trustee. The newly acquired Bear Stearns private client group is expected to operate under the name "Bear Stearns Wealth Management, a JPMorgan Company" within the Wealth & Asset Management structure.

Contents 1 Financial data 2 History 2.1 Chemical Banking Corporation 2.2 Chase Manhattan Bank 2.3 J.P. Morgan & Company 2.4 Bank One Corporation 2.5 Bear Stearns 2.6 Other recent acquisitions 2.7 Acquisition History 3 Banking subsidiaries 4 Offices 5 Controversy 5.1 Legal proceedings 5.1.1 WorldCom 5.1.2 Enron 5.2 Government subsidies and incentives 6 Major sponsorships 6.1 Official sponsorships 7 Notable employees 7.1 Business 7.2 Politics and public service 7.3 Others 8 Notable Awards 9 Renewable Energy Finance Forum-Wall Street 10 See also 10.1 Index products 11 References 12 External links

Financial data

Financial data in $ millions

Year	2004[5]	2005[5]	2006[5]	2007[1]
Revenue	43,097	54,533	61,437	71,372
EBITDA	7,140	13,740	22,218
Net Income	4,466	8,483	14,444	15,365
Employees	160,968	168,847	174,360	180,667

History

Chemical Banking Corporation

The New York Chemical Manufacturing Company was founded in 1823 as a maker of various chemicals. In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services Earnings before interest taxes depreciation and amortization (EBITDA is a non- GAAP metric that can be used to evaluate a company's profitability Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. Employment is a Contract between two parties, one being the employer and the other being the employee. In 1824, the company amended its charter to perform banking activities and created the Chemical Bank of New York. The Chemical Banking Corporation was the Bank holding company for Chemical Bank in New York City from 1823 until 1996 After 1851, the bank was separated from its parent and grew organically and through a series of mergers, most notably with Corn Exchange Bank in 1954, Texas Commerce Bank (a large bank in Texas) in 1986, and Manufacturer's Hanover Trust Company in 1991 (the first major bank merger "among equals"). The Corn Exchange Bank was founded in 1852 in New York, but had branches in other states including Pennsylvania, Wisconsin, and Nebraska. The Texas Commerce Bank was a bank that merged with Chemical Banking Corporation of New York in May 1987. Texas ( is a state geographically located in the South Central United States and is also known as the Lone Star State. Manufacturer's Hanover Trust Company was a bank formed by a 1961 merger At many points throughout this history, Chemical Bank was the largest bank in the United States (either in terms of assets or deposit market share). In Business and Accounting, assets are everything owned by a person or company (all tangible and intangible property that can be converted into cash. The deposit market share is a way of measuring the size and performance of a Bank.

In 1996, Chemical acquired the Chase Manhattan Corporation taking the more prominent Chase name. The Chase Manhattan Corporation was a Bank holding company formed as parent of the Chase Manhattan Bank. In 2000, the combined company acquired J.P. Morgan & Co. and changed combined the two names to form what is today JPMorgan Chase & Co. JP Morgan & Co was a commercial and Investment banking institution based in the United States founded by J JPMorgan Chase retains Chemical Bank's headquarters at 277 Park Avenue and stock price history. The Chemical Banking Corporation was the Bank holding company for Chemical Bank in New York City from 1823 until 1996 277 Park Avenue is an office building in New York City and is the current home of the J

Chase Manhattan Bank

The Chase Manhattan Bank was formed upon the 1955 purchase of Chase National Bank (established in 1877) by the Bank of the Manhattan Company (established in 1799), the company's oldest predecessor institution. Chase is the consumer and commercial banking division of JPMorgan Chase. The Bank of the Manhattan Company (established 1799) is the earliest of the predecessor institutions that eventually formed the current JPMorgan Chase. The Bank of the Manhattan Company was the creation of Aaron Burr, who transformed The Manhattan Company from a water carrier into a bank. This article discusses Aaron Burr (1756-1836 the US politician

Led by David Rockefeller during the 1970s and the 1980s, Chase Manhattan emerged as one of the largest and most prestigious banking concerns, with leadership positions in syndicated lending, treasury and securities services, credit cards, mortgages, and retail financial services. David Rockefeller Sr (born June 12, 1915) is a prominent American Banker, Statesman, Globalist and the current patriarch Weakened by the real estate collapse in the early 1990s, it was acquired by Chemical Bank in 1996 but retained the Chase name. The Chemical Banking Corporation was the Bank holding company for Chemical Bank in New York City from 1823 until 1996 Prior to its merger with J. P. Morgan & Co. , Chase acquired San Francisco-based Hambrecht & Quist in 1999 for $1. Hambrecht & Quist ( H&Q) was an Investment bank based in San Francisco California noted for its focus on the technology and internet sectors 35 billion.

J. P. Morgan & Company

The heritage of the House of Morgan traces its roots back to the partnership of Drexel, Morgan & Co. which in 1895, was renamed J.P. Morgan & Co. (see also: J. Pierpont Morgan). 23 Wall Street or "The Corner" is an office building formerly owned by J JPMorgan Chase & Co ( is the largest Banking institution in the United States by deposits and market capitalization and is one of the oldest operating JP Morgan & Co was a commercial and Investment banking institution based in the United States founded by J John Pierpont Morgan ( April 17, 1837 &ndash March 31, 1913) was an American financier banker and art collector who Arguably the most influential financial institutions of its era, J.P. Morgan & Co. financed the formation of the United States Steel Corporation, which took over the business of Andrew Carnegie and others and was the world's first billion-dollar corporation. JP Morgan & Co was a commercial and Investment banking institution based in the United States founded by J The United States Steel Corporation ( is an integrated Steel producer with major production operations in the United States, Canada, and Central Europe Andrew Carnegie (properly kɑrˈneɪgi but commonly /ˈkɑrnɨgi/ or /kɑrˈnɛgi/ (25 November 1835 – 11 August 1919 was a Scottish -born American Industrialist In 1895, J.P. Morgan & Co. supplied the United States government with $62 million in gold to float a bond issue and restore the treasury surplus of $100 million. JP Morgan & Co was a commercial and Investment banking institution based in the United States founded by J Gold (ˈɡoʊld is a Chemical element with the symbol Au (from its Latin name aurum) and Atomic number 79 The United States Department of the Treasury is a Cabinet department and the Treasury of the United States government. In 1892, the company began to finance the New York, New Haven and Hartford Railroad and led it through a series of acquisitions that made it the dominant railroad transporter in New England. The New York New Haven and Hartford Railroad was a railroad that operated in the northeast United States from 1872 to 1969 History See also History of New England New England's earliest inhabitants were Algonquian -speaking Native Americans including the

Built in 1914, 23 Wall Street was known as the "House of Morgan," and for decades the bank's headquarters was the most important address in American finance. At noon, on September 16, 1920, a terrorist bomb exploded in front of the bank, injuring 400 and killing 38. Events 1400 - Owain Glyndŵr is declared Prince of Wales by his followers Year 1920 ( MCMXX) was a Leap year starting on Thursday (link will display 1920 of the Gregorian calendar The Wall Street bombing was a terrorist incident that occurred at 1201 p Shortly before the bomb went off, a warning note was placed in a mailbox at the corner of Cedar Street and Broadway. The warning read: "Remember we will not tolerate any longer. Free the political prisoners or it will be sure death for all of you. American Anarchists Fighters. " While theories abound about who was behind the Wall Street bombing and why they did it, after twenty years of investigation the FBI rendered the file inactive in 1940 without ever finding the perpetrators. The Wall Street bombing was a terrorist incident that occurred at 1201 p

In August 1914, Henry P. Davison, a Morgan partner, traveled to the UK and made a deal with the Bank of England to make J. Henry Pomeroy Davison ( June 12, 1867 in Troy, Pennsylvania - May 6, 1922 in Locust Valley, New York The Bank of England (formally the Governor and Company of the Bank of England) is a state-owned institution and the Central bank of the United Kingdom P. Morgan & Co. the monopoly underwriter of war bonds for UK and France. War bonds are a type of Savings bond used by combatant nations to help fund a war effort and as a Monetary policy for controlling Inflation from an This article is about the country For a topic outline on this subject see List of basic France topics. The Bank of England became a "fiscal agent" of J. P. Morgan & Co. and vice versa. The company also invested in the suppliers of war equipment to Britain and France. Thus, the company profited from the financing and purchasing activities of the two European governments.

In the 1930s, all J. P. Morgan & Co. along with all integrated banking businesses in the United States, was required by the provisions of the Glass-Steagall Act to separate its investment banking from its commercial banking operations. The Glass-Steagall Act of 1933 established the Federal Deposit Insurance Corporation (FDIC in the United States and included banking reforms some of which Investment banks profit from companies and governments by raising money through issuing and selling Securities in the Capital markets (both equity and A commercial bank is a type of Financial intermediary and a type of Bank. J. P. Morgan & Co. chose to operate as a commercial bank, because at the time commercial lending was perceived to be more profitable and prestigious business in the post depression era. A commercial bank is a type of Financial intermediary and a type of Bank. Additionally, many within J. P. Morgan believed that a change in the climate would allow the company to resume its securities businesses but it would be nearly impossible to reconstitute the bank if it were disassembled.

In 1935, after being barred from securities business for over a year, the heads of J. P. Morgan made the decision to spinoff its investment banking operations. Led by J. P. Morgan partners, Henry S. Morgan (son of J. Pierpont Morgan) and Harold Stanley, Morgan Stanley was founded on September 16, 1935 with $6. Henry Sturgis Morgan was an American banker He was the son of John Pierpont ("Jack" Morgan Jr John Pierpont Morgan ( April 17, 1837 &ndash March 31, 1913) was an American financier banker and art collector who Harold Stanley ( 2 October 1885 Great Barrington Massachusetts - 14 May 1963 Philadelphia Pennsylvania Morgan Stanley ( is a global Financial services provider headquartered in New York City New York United States 6 million of nonvoting preferred stock from J. P. Morgan partners. In order to bolster its position, in 1959, J. P. Morgan merged with the Guaranty Trust Company of New York to form the Morgan Guaranty Trust Company. The bank would continue to operate as Morgan Guaranty through the 1980s before beginning to migrate back toward the use of the J. P. Morgan brand. In 1988, the company once again began operating exclusively as J. Year 1988 ( MCMLXXXVIII) was a Leap year starting on Friday (link displays 1988 Gregorian calendar) P. Morgan & Co.

Bank One Corporation

Bank One Corporation was formed upon the 1998 merger between Banc One of Ohio and First Chicago NBD. Bank One Corporation, based in Chicago Illinois, was the sixth-largest Bank in the United States. These two large banking companies had themselves been created through the merger of many banks. This merger was largely considered a failure until Jamie Dimon -- recently ousted a President of Citigroup -- took over and reformed the new firm's practices -- especially its disasterous technology mishmash inherited from the many mergers prior to this one. Mr. Dimon effected more than sufficient changes to make Bank One Corporation a viable merger partner for JPMorgan Chase.

Bank One Corporation traced its roots to First Bancgroup of Ohio, founded as a holding company for City National Bank of Columbus, Ohio and several other banks in that state, all of which were renamed "Bank One" when the holding company was renamed Bank One Corporation. Bank One Corporation, based in Chicago Illinois, was the sixth-largest Bank in the United States. With the beginning of interstate banking they spread into other states, always renaming acquired banks "Bank One", though for a long time they resisted combining them into one bank. After the NBD merger, adverse financial results led to the departure of CEO John B. McCoy, whose father and grandfather had headed Banc One and predecessors. John B McCoy was Chairman from November 1999 and Chief Executive Officer from October 1998 of BANK ONE CORPORATION (commercial and consumer bank until his retirement in December Jamie Dimon, a former key executive of Citigroup, was brought in to head the company. James "Jamie" L Dimon (born March 13, 1956) is the current CEO and Chairman of JPMorgan Chase & Co JPMorgan Chase completed the acquisition of Bank One in 2004. Bank One Corporation, based in Chicago Illinois, was the sixth-largest Bank in the United States. "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again "

Bear Stearns

At the end of 2007, Bear Stearns was the fifth largest investment bank in the United States but its market capitalization had deteriorated through the second half of 2007. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. The Bear Stearns Companies Inc, based in New York City, was one of the largest global Investment banks and securities trading and brokerage On Friday, March 14 2008 Bear Stearns & Co. Inc. lost 47% of its market value to close at $30. 00 per share as rumors emerged that clients were withdrawing capital from the bank. Over the following weekend it emerged that Bear Stearns might prove insolvent and on or around March 15, 2008 the Federal Reserve engineered a deal to prevent a wider systemic crisis from the collapse of Bear Stearns. The Bear Stearns Companies Inc, based in New York City, was one of the largest global Investment banks and securities trading and brokerage The Bear Stearns Companies Inc, based in New York City, was one of the largest global Investment banks and securities trading and brokerage

On March 16 2008, JPMorgan Chase announced that it had plans to acquire Bear Stearns &Co. Inc. in a stock swap worth $2. A stock swap, also known as a share swap, is a business Takeover or Acquisition in which the acquiring company uses its own stock to pay for the acquired 00 per share or $240 million pending mutual shareholder approval scheduled within 90 days. Until then, JPMorgan Chase has agreed to guarantee all Bear Stearns trades and business process flows. ^[6] Two days later, on March 18 2008, JPMorgan Chase announced the acquisition of Bear Stearns for $236 million. The stock swap agreement was completed in the late night hours of March 18 2008, with JPMorgan exchanging 0. 05473 of each of its shares for one Bear share, which were valued at $2 each. ^[7]

On March 24 2008, a revised offer was announced at approximately $10 per share. Under the revised terms, JPMorgan immediately acquired a 39. 5% stake in Bear Stearns (using newly issued shares) at the new offer price and gained a commitment from the board (representing another 10% of the share capital) that its members would vote in favour of the new deal. The merger was completed by June 6, 2008 and Bear Stearns is currently part of JPMorgan Chase.

Other recent acquisitions

In 2006, JPMorgan Chase purchased Collegiate Funding Services, LLC, and created Chase Education Finance.

On April 7 2006, JPMorgan Chase announced it would be swapping its corporate trust unit for The Bank of New York Co.'s retail and small business banking network. In the most basic sense of the term A corporate trust is a trust created by a Corporation. The swap valued The Bank of New York business at $3. 1 billion and JPMorgan's trust unit at $2. 8 billion and gives Chase access to 338 additional branches and 700,000 new customers in the New York, New Jersey, and Indiana operations

On 26 March 2008, JPMorgan acquired the UK-based carbon offsetting company ClimateCare. ^[8]

Acquisition History

The following is an illustration of the company's major mergers and acquisitions and historical predecessors (this is not a comprehensive list):

JPMorgan Chase

(merged 2000) Chase Manhattan Bank (merged 1995) Chemical Bank (merged 1991) The Chemical Bank of New York (est. Chase is the consumer and commercial banking division of JPMorgan Chase. The Chemical Banking Corporation was the Bank holding company for Chemical Bank in New York City from 1823 until 1996  1923) Manufacturers Hanover (merged 1961) Manufacturers Trust Company (est. Manufacturer's Hanover Trust Company was a bank formed by a 1961 merger  1905) Hanover Bank (est. 1873) Chase Manhattan Bank (merged 1955) Bank of the Manhattan Company (est. Chase is the consumer and commercial banking division of JPMorgan Chase. 1799) Chase National Bank of the City of New York (est. 1877) J.P. Morgan & Co. (f. JP Morgan & Co was a commercial and Investment banking institution based in the United States founded by J k. a Morgan Guaranty Trust) (merged 1959) Guaranty Trust Company of New York (est. 1866) J.P. Morgan & Co. ("The House of Morgan")[9] (est. JP Morgan & Co was a commercial and Investment banking institution based in the United States founded by J 1895)[10] Bank One (acq. Bank One Corporation, based in Chicago Illinois, was the sixth-largest Bank in the United States. 2004) Banc One Corp. (merged 1968) City National Bank & Trust Company Farmers Saving & Trust Company First Chicago NBD (merged 1995) First Chicago Corp. (est. 1863) NBD Bancorp. (Formerly National Bank of Detroit) (est. 1933)   Louisiana’s First Commerce Corp. Bear Stearns (acq. The Bear Stearns Companies Inc, based in New York City, was one of the largest global Investment banks and securities trading and brokerage 2008)[11]

Banking subsidiaries

JPMorgan Chase & Co. owns four bank subsidiaries in the United States:^[12]

• Chase Bank USA, National Association
• JPMorgan Chase Bank, National Association
• JPMorgan Chase Bank, Dearborn
• J. Chase is the consumer and commercial banking division of JPMorgan Chase. P. Morgan Trust Company, National Association

Offices

Although Chase Manhattan Bank's headquarters were once located at the One Chase Manhattan Plaza building in downtown Manhattan, the current world headquarters for JPMorgan Chase & Co. One Chase Manhattan Plaza is a banking Skyscraper located in the downtown Manhattan Financial District of New York City (Between Pine Liberty Nassau are located at 270 Park Avenue. 270 Park Avenue or the JPMorgan Chase Tower is a Skyscraper in Midtown Manhattan. The bank moved some of its operations to the JPMorgan Chase Tower (formerly Texas Commerce Bank Tower) in Houston, Texas, when it purchased Texas Commerce Bank. The 75-story 1002-foot (3054 m tall JPMorgan Chase Tower of Houston, Texas, formerly the Texas Commerce Tower, is the The Texas Commerce Bank was a bank that merged with Chemical Banking Corporation of New York in May 1987. Since merging with Bank One in 2004, retail services (branded as "Chase") are headquartered in Chicago. Bank One Corporation, based in Chicago Illinois, was the sixth-largest Bank in the United States. The Card Services division has its headquarters in Wilmington, DE, with Card Services offices in Elgin, IL, Mumbai, India, San Antonio, TX, and Frederick, MD. Wilmington is the largest city in the state of Delaware, United States and is located at the confluence of the Christina River and Brandywine Elgin (ˈɛldʒɨn is a city. (645 km northwest of Chicago on the Fox River. Mumbai ( Marathi:,, IPA: formerly Bombay, is the capital of the Indian state of Maharashtra and the financial Frederick is the County seat of Frederick County Maryland, United States. There are also large operations centers in Brooklyn, NY, Rochester, NY, Columbus, OH, Dallas, TX, Fort Worth, TX, Indianapolis, IN, Tampa, FL, Orlando, FL, Louisville, KY, Newark, DE, Phoenix, AZ, Milwaukee, WI, Toronto, ON Canada, Glasgow, United Kingdom and Bournemouth, United Kingdom. Brooklyn (named after the Dutch town Breukelen) is one of the five boroughs of New York City. Rochester is a city in Monroe County, New York State, south of Lake Ontario in the United States. Columbus is the Capital and the largest city of the US state of Ohio. Fort Worth is the fifth-largest city in the state of Texas and the seventeenth-largest city in the United States. Orlando is a major City in central Florida, USA and is the County seat of Orange County Florida. Newark is a City in New Castle County, Delaware, USA, 12 miles (19 km west-southwest of Wilmington. Phoenix (ˈfiːˌnɪks O'odham Skikik, Yavapai Wasinka, Western Apache Fiinigis, Navajo Hoozdo, Toronto (təˈrɒntoʊ colloquially pronounced or) is the largest city in Canada and is the provincial capital of Ontario Glasgow (ˈglæzgoʊ is the largest city in Scotland and third most populous in the United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located Bournemouth ( is a large coastal resort town in the Borough of Bournemouth in Dorset, England. The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located The backoffice and Technology operations offices based in Manila in the Philippines, and Mumbai and Bangalore, India are currently being aggressively staffed. The City of Manila The Philippines ( Filipino: Pilipinas, officially known as the Republic of the Philippines (fil ''Republika ng Pilipinas'' RP Mumbai ( Marathi:,, IPA: formerly Bombay, is the capital of the Indian state of Maharashtra and the financial Bangalore ( officially Bengaluru ( Kannada: ಬೆಂಗಳೂರು) is the capital of the Indian state of Karnataka. India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country One of the biggest acquisitions was made in 2005 when Chase was introduced to the Canadian market. Conveniently located in Ottawa,On the office boasts 480 employees.

The JPMorgan Investment Bank also maintains a number of high-profile offices around the globe, with the largest concentrations outside the US in London, Tokyo, Hong Kong and Singapore. Investment banks profit from companies and governments by raising money through issuing and selling Securities in the Capital markets (both equity and The bulk of North American operations, however, take place in three buildings located within a few blocks of each other on Park Avenue in New York City: the former Union Carbide Building at 270 Park Avenue, the hub of sales and trading operations, and the original Chemical Bank building at 277 Park Avenue, where most investment banking activity takes place. 270 Park Avenue or the JPMorgan Chase Tower is a Skyscraper in Midtown Manhattan. 277 Park Avenue is an office building in New York City and is the current home of the J Asset and wealth management groups are located at 245 Park Avenue.

The J. P. Morgan Chase Tower in Houston

Chase tower in Metrotech Center, Brooklyn

J. P. Morgan International Plaza in Dallas

Controversy

Legal proceedings

WorldCom

J. P. Morgan Chase, which helped underwrite $15. 4 billion of WorldCom's bonds, agreed in the middle of March of 2005 to pay $2 billion; that was 46 percent, or $630 million, more than it would have paid had it accepted an investor offer in May of $1. MCI Inc is an American Telecommunications company that is headquartered in Ashburn Virginia. 37 billion. J. P. Morgan was the last big lender to settle. Its payment is the second largest in the case, exceeded only by the $2. 6 billion accord reached in Q4 2004 by Citigroup ([1]).

In March of 2005, 16 of WorldCom's 17 former underwriters reached settlements with the investors ([2]). MCI Inc is an American Telecommunications company that is headquartered in Ashburn Virginia.

Enron

According to a University of California press release, allegations were filed in national court in an attempt to hold stock advisors responsible for poor investment decisions. The University of California ( UC) is a Public university system in the state of California. The suits seek to recover the losses suffered by individual and company clients. Groups claiming JP Morgan Chase stock fraud resulted in loss of investments are the University of California and former Enron employees, among others. Enron Creditors Recovery Corporation (formerly Enron Corporation, former NYSE ticker symbol ENE was an American Energy company based in ^[13]

Government subsidies and incentives

BBC News reported that JPMorgan Chase struck a deal to receive large incentives and subsidies from the City of New York and the State of New York to ensure that the company does not follow through on threats to leave downtown New York for Connecticut. The City of New York New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous Connecticut ( is a state located in the New England region of the northeastern United States of America. ^[14] While there are other companies that have received similar incentives to stay in New York's Downtown after 9/11, BBC News reports that this is the largest deal of its kind to date. A quote from the BBC article:

New York City officials have already paid Goldman Sachs $650m (£330m) to build new offices in Battery Park City. [. . . ] But the paper says that JP Morgan Chase will receive an even better deal, with tax breaks, discounted electric power and rent subsidies worth $100m from city and state authorities. And it says that rent subsidies will amount to $50m per year for 15 years, or $750m. JP Morgan Chase is a huge, and very profitable company.

Major sponsorships

JPMorgan Chase owns the naming rights of several venues in the sports world.

• Chase Field, Phoenix, Arizona, - Arizona Diamondbacks, MLB. Chase Field is a Baseball Stadium located in downtown Phoenix Arizona, and is the home of the Arizona Diamondbacks of the Phoenix (ˈfiːˌnɪks O'odham Skikik, Yavapai Wasinka, Western Apache Fiinigis, Navajo Hoozdo, The Arizona Diamondbacks (also referred to as the D-backs) are a professional baseball team based in Phoenix Arizona.

Official sponsorships

• Major League Soccer
• Chase Auditorium (formerly Bank One Auditorium) in Chicago is the home of the nationally syndicated NPR program, "Wait Wait... Don't Tell Me!"
• Chase Plaza was known as the Bank One Plaza before the merger in Chicago. Major League Soccer ( MLS) is the top-flight professional Soccer league in the United States and Canada with 14 teams 13 in the U Wait Wait… Don't Tell Me! is an hour-long weekly radio News quiz Game show produced by Chicago Public Radio and National Public Radio This housed the corporate headquarters of Bank One in Chicago but is now the corporate office of JPMorgan Chase in Chicago.
• The JPMorgan Chase Corporate Challenge, owned and operated by JPMorgan Chase, is the largest corporate road racing Series in the world with over 200,000 participants in 12 cities in six countries on five continents. The JPMorgan Chase Corporate Challenge is an annual series of 3 It has been held annually since 1977 and the races range in size from 4,000 entrants to more than 60,000.
• JPMorgan Chase is said to be finalizing a deal to be the principal sponsor for a New York Yacht Club backed America's Cup challenge. Clubhouses In 1845 the club’s first clubhouse was established -- a modest Gothic-revival building in Hoboken New Jersey, on land donated by Commodore The America’s Cup is the most prestigious Regatta and Match race in the sport of Sailing, and the oldest active Trophy in international
• JPMorgan Chase is the official sponsor of the US Open Women's Singles Championship.

Notable employees

Business

• Andrew Crockett - General Manager of the Bank for International Settlements (1994-2003)
• Pierre Danon - Chairman of eircom
• Dina Dublon - Current member of the Board of Directors at Microsoft, Accenture and PepsiCo and former Executive Vice President and Chief Financial Officer of JPMorgan Chase. The Bank for International Settlements (or BIS) is an International organization of Central banks which "fosters international monetary and Pierre Danon (born 1956 is a French senior corporate executive director presently an advisor to JPMorgan and a Chairman of Eircom Education eircom Group plc is the largest Telecommunications operator in the Republic of Ireland. Dina Dublon is a current member of the boards of directors at Microsoft, Accenture, and PepsiCo. Microsoft Corporation is an American multinational Computer technology Corporation, which rose to dominate the Home computer Accenture () is a global Management consulting, Technology services, and Outsourcing company PepsiCo Incorporated (Short for Pepsi Company ( is a large conglomerate with interests in manufacturing marketing and selling a wide variety of carbonated and non- carbonated
• Maria Elena Lagomasino - Current member of the Board of Directors at The Coca-Cola Company and former Chief Executive Officer of JPMorgan Private Bank. Maria Elena Lagomasino has been a director of The Coca-Cola Company since 2003 The Coca-Cola Company ( is the world's largest beverage company largest manufacturer distributor and marketer of non-alcoholic beverage concentrates and Syrups in the world
• Thomas W. Lamont - acting head of J.P. Morgan & Co. on Black Tuesday
• Lewis Reford - Canadian political candidate
• Jan Stenbeck - former owner of Investment AB Kinnevik

Politics and public service

• Tony Blair - Prime Minister of the United Kingdom from 1997 to 2007^[15]
• William M. Daley - U. Thomas William Lamont Jr ( September 30 1870 – February 2 1948) was an American Banker. JP Morgan & Co was a commercial and Investment banking institution based in the United States founded by J The Wall Street Crash of 1929, also known as the ’29 Crash, the Crash of 1929, the Great Crash of 1929, the Great Crash of October 1929 The Conservative Party of Canada ran a full slate of 308 candidates in the 2006 Canadian federal election. Jan Stenbeck ( November 14, 1942 in Stockholm, Sweden &ndash August 19, 2002 in Paris, France) was Investment AB Kinnevik was established in 1936 by Wilhelm Klingspor and Robert von Horn as an investment company Anthony Charles Lynton "Tony" Blair (born 6 May 1953 is a British Politician who was Prime Minister of the United Kingdom from 2 May 1997 to The Prime Minister of the United Kingdom of Great Britain and Northern Ireland is the political leader of the United Kingdom William Michael Daley (born August 8, 1948 in Chicago, Illinois) served as U S. Secretary of Commerce (1997-2000)
• Michael Forsyth, Baron Forsyth of Drumlean - Secretary of State for Scotland (1995-97)
• Thomas S. Gates, Jr. - U. Michael Bruce Forsyth Baron Forsyth of Drumlean PC, (born 16 October 1954 Montrose) is a British Conservative politician Thomas Sovereign Gates Jr ( 10 April 1906 - 25 March 1983) was United States Secretary of Defense from 1959 to 1961 under S. Secretary of Defense (1959-61)
• Rick Lazio - Member of the U. Enrico Anthony "Rick" Lazio (born March 13, 1958) is a former U S. House of Representatives (1993-2001)
• Antony Leung - Financial Secretary of Hong Kong (2001-03)
• Frederick Ma - Hong Kong Secretary for Commerce and Economic Development (2007-present)
• Dwight Morrow - U. Antony Leung Kam-chung GBS JP (梁錦松 Pinyin: Liáng Jǐnsōng born 1952 in Hong Kong with family roots in Shunde Frederick Ma Si-hang (馬時亨 (born 1952 in Hong Kong with family roots in Chaozhou, Guangdong) Dwight Whitney Morrow ( January 11, 1873 – October 5, 1931) was an American businessman politician and diplomat S. Senator (1930-31)
• Margaret Ng - Member of the Hong Kong Legislative Council
• George P. Shultz - U. Margaret Ng Ngoi Yee ( born 1948 in Hong Kong with family roots in Dongguan, Guangdong, is one of Hong Kong's leading Barristers As an elected George Pratt Shultz (born December 13 1920 served as the United States Secretary of Labor from 1969 to 1970 as the U S. Secretary of Labor (1969-70), U. S. Secretary of Treasury (1972-74), U. S. Secretary of State (1982-89)

Others

• Douglas Cliggott - economist
• Henry P. Davison - philanthropist
• David Dodd - economist
• Samuel Gottesman - philanthropist
• Corliss Lamont - humanist
• Tarik O'Regan - composer

Notable Awards

2007 Awards:

• Waters Magazine (Fifth Annual Waters Rankings, June 2007)

"Best Investor Services"

• ISIPS (Eighth Annual FSmetrics Award Dinner, May 2007)

"Best Custodian Corporate Action Services"

"Best Broker Confirmation Timelines"

• AsianInvestor (AsianInvestor 2007 Achievement Awards, May 2007)

"Best Global Custodian"

• ICFA (European Custody & Fund Administration Awards, 2007)

"European Custodian of the Year"

"Cash Management Provider of the Year"

"Technology Vendor of the Year"

"Custodian of the Year, Germany"

• The Asset (Annual Triple A Awards, 2007)

"Best Custody Specialist in Asia"

"Best Liquidity Solution Provider"

• Complinet (Third Annual Compliance Awards, February 2007)

"Most Cost Effective Compliance Technology Provider"

2006 Awards:

• BusinessWeek

"Top 10 Best Places to Launch a Career"

• The Banker (November 2006)

"Securities Services Provider of the Year"

• Financial-i (Leaders In Innovation Awards, November 2006)

"Most Innovative Securities Outsourcing Solution"

• Funds Europe (November 2006)

"Custodian of the Year"

• Waters Magazine (Fourth Annual Waters Rankings, July 2006)

"Best Investor Services"

• ISF Magazine (Repo/Securities Lending Survey, June 2006)

"#1 Overall Cash Provider (In both weighted and unweighted categories)"

"#1 for Rates/Price Competitiveness"

"#1 in Ability to Deal in Size"

"#1 in Currency Flexibility"

"#1 in Reporting Capabilities"

"#1 in Margin Monitoring"

"#1 in Fails Handling"

• AsianInvestor Magazine (2006 Achievement Awards)

"Best Global Custodian"

• Profit and Loss Magazine (2006 P&L Digital Awards)

"Editor's Choice Award"

"Best Click & Deal Functionality"

• Global Investor (Annual Foreign Exchange Client Satisfaction Survey, March 2006)

"#1 Best FX Service Overall - Global Investor Top 100 Asset Manager Respondents"

"#1 European Respondents Best FX Service Overall"

"#1 Asian Respondents Best FX Service Overall"

"#1 Real Money - Best FX Service Overall"

"#1 Real Money - Most Improved Service Over Last 12 Months"

"#1 Best Research in Emerging Markets Currencies"

"#1 Best for Trading Emerging Markets Currencies"

"#1 Best Advice on Trading Strategies"

"#1 Best Daily Research"

"#1 Best Economic Research"

• Global Custodian (Tri-Party Securities Financing Survey, March 2006)

"Top Rated - Europe"

"Top Rated - North America"

"Top Rated - Overall"

• The Asset (Triple A Awards 2006)

"Best Custody Specialist"

Renewable Energy Finance Forum-Wall Street

On June 18-19, 2008, the JPMorgan Capital Corporation's Managing Director for Energy Investments, John Eber, will speak at the Renewable Energy Finance Forum (REFF). Douglas "Doug" Cliggott (1956- is the CIO of Dover Management LLC Henry Pomeroy Davison ( June 12, 1867 in Troy, Pennsylvania - May 6, 1922 in Locust Valley, New York For David Dodd the Australian footballer click here David LeFevre Dodd ( August 23, 1895 – September 18, 1988) was David Samuel Gottesman (1885 – April 21, 1956) was a Hungarian-born, American pulp-paper merchant Financier and Philanthropist Corliss Lamont ( March 28, 1902 &ndash April 26, 1995) was a humanist and Marxist philosopher and advocate of various Tarik Hamilton O'Regan (born 1 January 1978, London) is a British composer partly of North African extraction currently living in REFF brings together industry-leading financiers, investors, and renewable energy project developers to network, strike deals, and share ideas on the future of renewable energy finance. Mr. Eber will join representatives from GE and HSHNordbank to discuss opportunities and constraints in the wind energy market. ^[16]

See also

• Rockefeller family
• JPMorgan Chase Tower

Index products

• JPMorgan EMBI
• JPMorgan GBI-EM Index

References

External links

• JPMorgan Chase & Co. website

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