JP Morgan Chase is a leading global financial services firm with assets of $2.6 trillion and a presence in over 100 markets. It is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.
JPM is one of the largest banking institutions in the USA. The firm serves millions of consumers, small businesses, corporate, institutional and government clients.
JP Morgan’s business can be divided into four lines: Consumer and community banking (accounting for 28% RoE), Corporate and investment banking (16%), Commercial banking (20%), and Asset & Wealth Management (31%). Its CCB business serves 62 million U.S. households, including 4 million small businesses while its CIB business has a presence in over 100 markets.
Major asset classes include liquidity (24% of total AUM), fixed income (24%), equity (19%), and multi-asset and alternatives (33%). Besides North America, JPM’s key markets include EMEA, Asia-Pacific and Latin America and Caribbean regions.