JPMorgan Chase & Co. is an American multinational banking and financial services holding company. It is the largest bank in the United States, with total assets of US$2.57 trillion. It is a major provider of financial services, and according to Forbes magazine is the world's third largest public company based on a composite ranking.
The hedge fund unit of JPMorgan Chase is the second largest hedge fund in the United States. The company was formed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co.
The J.P. Morgan brand, historically known as Morgan, is used by the investment banking, J.P. Morgan Asset Management, private banking, private wealth management and treasury & securities services divisions.