JP Morgan and Chase's historical legacy, leadership, innovation, global influence, philanthropy, resilience, and sustainability initiatives have shaped its role as a leading financial institution, here are some of things to know.
1
JP Morgan and Chase, often referred to simply as JPMorgan Chase, has a rich history that dates back to 1799.
2
The firm owes much of its early growth and reputation to the leadership of John Pierpont Morgan, who was instrumental in the formation of General Electric and U.S. Steel.
3
It was one of the first banks to introduce the concept of a credit card with the launch of the "Chase Manhattan Bank Charge Plan" in 1958.
4
It plays a significant role in global finance, providing services ranging from investment banking, asset management, treasury etc.
5
Its Global Philanthropy division works to create economic opportunities and address societal challenges, with a focus on community development.
6
During the 2008 financial crisis, while many banks struggled, JPMorgan Chase emerged stronger due to its conservative risk management practices & strong capital base.
7
The bank has pledged to align its financing activities with the goals of the Paris Agreement, aiming to facilitate more than $2.5 trillion over ten year.