JPMorgan Chase Bank, N.A., doing business as Chase, is a national bank that constitutes the consumer and commercial banking subsidiary of financial services firm JPMorgan Chase. The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000. Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in Chicago, since its merger with Bank One Corporation in 2004. In 2008, the bank acquired the deposits and most assets of Washington Mutual.
Chase offers more than 5,100 branches and 16,100 ATMs nationwide. JP Morgan Chase has more than 240,000 employees and operates in more than 60 countries. JP Morgan Chase currently has assets of approximately $2.3 trillion.
JP Morgan Chase, through its Chase subsidiary, is one of the Big Four banks of the United States.
Famous quotes containing the word chase:
“Wee, sleeket, cowran, tim’rous beastie,
O, what a panic’s in thy breastie!
Thou need na start awa sae hasty,
Wi’ bickering brattle!
I wad be laith to rin an’ chase thee,
Wi’ murd’ring pattle!”
—Robert Burns (1759–1796)