JP Morgan

JP Morgan is a global financial services firm and one of the largest banking institutions in the world. Headquartered in New York City, the company operates across more than 60 countries, providing investment banking, asset management, private banking, commercial banking and treasury services. The firm is a wholly owned subsidiary of JPMorgan Chase & Co, a publicly listed company on the New York Stock Exchange. JP Morgan's core businesses include advising on mergers and acquisitions, underwriting debt and equity offerings, managing institutional and retail investment portfolios, and providing custody and clearing services for financial markets. The company holds a leading position in commodities trading and precious metals markets, including gold, silver, platinum and palladium. JP Morgan employs more than 250 000 people globally and serves corporations, governments, institutions and individual investors. The firm manages trillions of dollars in assets and consistently ranks among the top investment banks by revenue. The company traces its origins to the merchant banking house founded by J Pierpont Morgan in the nineteenth century, with the modern entity formed through successive mergers and the 2000 combination of J.P. Morgan & Co with Chase Manhattan Corporation.