FinTech Magazine March 2024 | Page 39

TOP 10

JPMorgan Chase & Co

With assets totalling US $ 3.67tn , JPMorgan Chase & Co is the largest bank in North America .
The institution ’ s history can be traced back more than 200 years to 1799 , although JPMorgan Chase in its current form was founded in 2000 as a result of the merger of J . P . Morgan and Company and Chase Manhattan Corporation .
JPMorgan remains the name used for asset management and investment banking services , while Chase is the consumer banking division with almost 5,000 branches . Today , the business employs no fewer than around 290,000 people across the globe .
In 2023 , JPMorgan jumped three places to top the 20th edition of the Forbes Global 2000 list , which ranks heavyweight firms based on their sales , profit , assets and market value . fintechmagazine . com 39