JPMorgan Chase & Co. is a major provider of financial services and the largest bank in United States by sales, profits, assets and market value. The Group serves millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients. Total assets: US$ 2,416 billion (as of December 31, 2013). Net income: US$ 19.0 billion (2011), US$ 21.3 billion (2012), US$ 17.9 billion (2013).
JPMorgan Chase's principal bank subsidiaries are JPMorgan Chase Bank, a national bank with United States branches in 23 states, and Chase Bank USA, a national bank that is the Firm's credit card-issuing bank. JPMorgan Chase is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity.
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14.01.2014 JPMorgan Chase today reported net income for the fourth quarter of 2013 of US$ 5.3 billion, compared with net income of US$ 5.7 billion in the fourth quarter of 2012 . Net income for full-year 2013 was US$ 17.9 billion.
12.07.2013 JP Morgan Chase today reported net income of $6.5 billion for the second quarter of 2013, compared with net income of $5.0 billion in the second quarter of 2012 (up 31%). First half 2013 net income totaled $13 billion.
16.01.2013 JPMorgan Chase reported net income of $5.7 billion for the fourth quarter of 2012, compared with $3.7 billion for the fourth quarter of 2011. Full-year 2012 net income was a record $21.3 billion, compared with $19.0 billion for the prior year. More
15.10.2012 JPMorgan reported record net income for third-quarter 2012 of $5.7 billion, compared with net income of $4.3 billion in the third quarter of 2011. Net income for the first nine months of 2012 reached $15.6 billion.
13.01.2012 JPMorgan Chase reported net income of $3.7 billion for the fourth quarter of 2011, compared with $4.8 billion for the fourth quarter of 2010. Full-year 2011 net income was a record $19.0 billion, compared with $17.4 billion for the prior year.
No more queues in front of ATMs - 23.01.2013 Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013 Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities. Source: BBC
Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012 Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one. Source: Reuters
Suntech will extend banking system at Nordea Bank Poland S.A. - 09.10.2012 Polish based company Suntech S.A. has entered into an agreement with Nordea Bank Poland S.A. to extend the corporate banking system eConnect. Expansion of existing application will increase its usability, making it one of the most innovative solutions in its class on the market. Source: Suntech