Despite not knowing much about the best banks in the world,
readers out here can mostly agree that they’ve at least heard of JP Morgan
Chase. JP Morgan Chase Bank National Association is a multinational banking
service founded in America by one now famous J.P. Morgan. It’s no surprise how
this bank has come to take over position number 12 as it is the largest bank in
the United States with its total assets coming down to 1 945 467 US million
dollars and its current capital being 1 785 US million dollars.
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| JP Morgan Chase & Co New York Headquarters |
JP Morgan Chase & Co (for short) is located in New York,
New York with Jamie Dimon acting as its current Chairman, CEO and President.
Its specialties include asset management, brokerage services and commercial
banking, just to name a few, for big wig companies and even private wealth
management for significant individuals. Besides their extremely professional
business side, JP Morgan Chase & Co also sponsor major events like Major
League Soccer, the US Open and sponsor the Chase Auditorium in Chicago, USA.
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| Current CEO, Chairman and President, Jamie Dimon |
With numerous towers all over the world, and numerous
banking branches founded more than 60 countries in the world, and employing
over 260 000 individuals, there is no doubt about JP Morgan Chase & Co’s
position on the best banks list. Despite their fair share of controversies
including corruption investigation and cyber attacks in various household
accounts, JP Morgan Chase & Co have won numerous awards that have solidified
their prestigious and professional status amongst the best banks in the world.
Not only this but their socially responsible outlook have helped thousands
including $5 million investments for unemployed youths, providing summer jobs
and skills training; to committing funds to assist Detroit (who recently filed bankruptcy);
to mentorship programs which they’ve named ‘The Fellowship Initiative’.
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| A JP Morgan Chase & Co Vestibule |
With all thing considered, it’s no surprise that JP Morgan
Chase Bank National Association has solidified their place at no. 12.
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