JPMorgan Chase & Co.

News and overview for JPMorgan Chase & Co.

Wall Street's biggest banks to dole out $30 million in bonuses
PLI SmartBrief | 14 days 3 hours 55 minutes ago
Goldman Sachs Group, Morgan Stanley and JPMorgan Chase & Co., also known as Wall Street's Big 3, are expected to hand out a record-setting $30 million in bonuses this year, beating...


Dimon: JPMorgan Chase "didn't need" TARP
SIFMA SmartBrief | 90 days 4 hours 55 minutes ago
JPMorgan Chase & Co. Chief Executive Jamie Dimon said the $25 billion his bank received...Chicago Tribune. Dimon also disputed claims that the government had given JPMorgan assistance in acquiring Bear Stearns and Washington Mutual.


JPMorgan Chase trying to unload office buildings in imploding market
Real Estate Investment SmartBrief | 103 days 4 hours 55 minutes ago
Trying to unload space it doesn't need any more, JPMorgan Chase & Co. wants to sell 23 office buildings with a total of 7.1 million square feet of space. The portfolio is thought to be the biggest single group of office properties to be placed on the market this year.


Roundtable representatives clean up at 25 Most Powerful Women in Banking event
The Financial Services Roundtable SmartBrief | 47 days 4 hours 55 minutes ago
...usb_issues/119_10/heidi_miller-1002126-1.html" target="_blank">Heidi Miller, JPMorgan Chase & Co.; <a href="http://www.americanbanker.com/usb_issues/119_10/karen_peetz-1002039-1...


Transitions
Broadgate Private Equity SmartBrief | 138 days 4 hours 55 minutes ago
...portfolio management. Before joining Hall Capital, Buoymaster was a vice president in the San Francisco office of JPMorgan Chase & Co. General Atlantic has added Cory Eaves as senior vice president in the firm's resources group...


JPMorgan management shuffle ignites succession talk
NYSSA SmartBrief | 54 days 4 hours 55 minutes ago
JPMorgan Chase has tapped Jes Staley as CEO of the institution's investment banking division in a rare management shake-up. Staley succeeds JPMorgan's investment banking co-heads Steve Black and Bill Winters, who had hoped to succeed...


JPMorgan's Dimon reshuffles top management
CFA Institute Financial NewsBrief | 54 days 4 hours 55 minutes ago
JPMorgan Chase CEO Jamie Dimon shook up the bank's top management, replacing Bill Winters, co-head of investment banking, with Jes Staley, who has been with the bank since 1979. Steve Black, the other head of investment...


JPMorgan takes tougher stance after exiting TARP
ELFA SmartBrief | 131 days 4 hours 55 minutes ago
JPMorgan Chase, bolstered by leaving the government's Troubled...banks have spent the cycle shrinking to survive, JPMorgan has been investing, acquiring and expanding...analyst John McDonald of Sanford C. Bernstein & Co.





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8 Results

Company Overview


Company: JPMorgan Chase & Co.
Industry: Money Center Banks
Website: http://www.jpmorganchase.com

JPMorgan Chase was born with a silver spoon in its mouth but that hasn't stopped it. One of the largest financial services firms in the US, the company has more than 5,000 bank branches in some two dozen states (and growing) and is also among the nation's top mortgage lenders and credit card issuers. Active in some 60 countries, it also boasts formidable investment banking and asset management operations. The company's subsidiaries include the prestigious JPMorgan Private Bank and institutional investment manager JPMorgan Asset Management (with some $1.5 trillion in assets under supervision). In 2008 JPMorgan Chase bought Bear Stearns and the operations of failed thrift Washington Mutual (WaMu).


Key Numbers

Sales in U.S. Dollars (mil.) 67,252 (2008)
One-year % Growth in Sales -5.8 (2008)
Net Income in U.S. Dollars (mil.) 3,699 (2008)
One-year % Growth in Net Income -75.9 (2008)
Number of Employees 224,961 (2008)
One-year % Growth in Number of Employees 24.5 (2008)
Fiscal Year-End December