FinTech Magazine March 2025 | Page 53

JPMORGAN CHASE
TOP 10 : BIGGEST BANKS WORLDWIDE

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JPMORGAN CHASE

RREVENUE US $ 158.1BN ( 2023 ) EMPLOYEES 293,000 ( 2023 ) ( ESTIMATE ) CEO JAMIE DIMON
FOUNDED 1799 ( AS BANK OF THE MANHATTAN COMPANY ) The modern JPMorgan Chase was formed through multiple mergers , notably :
2000 : Chase Manhattan Bank merged with J . P . Morgan & Co .
2004 : Merger with Bank One The J . P . Morgan part of the company traces its history to Drexel , Morgan & Co ., founded in 1871 by J . Pierpont Morgan . WATCH NOW
Corporate Governance Explained – Unpacked – J . P . Morgan Insights
JPMorgan Chase sets the benchmark for global financial services , consistently ranking at the forefront of the banking industry . The bank has cemented its position through a masterful blend of consumer , corporate and investment banking prowess , while pioneering financial technology through its substantial tech budget . Under Jamie Dimon ’ s leadership , the bank has demonstrated remarkable resilience during market turbulence and emerged stronger from economic challenges . Its strategic investments in artificial intelligence , blockchain technology and digital banking platforms , combined with its traditional strength in investment banking and wealth management , showcase how legacy institutions can drive industry innovation whilst maintaining market dominance .
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