J.P. Morgan provides asset management, investment banking,
treasury and securities services, private banking, and commercial
banking services to some of the world's largest clients. J.P.
Morgan is headquartered in New York, and has international offices
in London, Tokyo, Hong Kong, Singapore, Sao Paolo, and Mumbai,
J.P. Morgan is part of New York-based JPMorgan Chase & Co.,
a financial services firm with $2.4 trillion in assets and
approximately 240,000 employees. JPMorgan Chase also provides
consumers and small business with a range of financial services and
products. J.P. Morgan's storied history, which includes several
mergers, dates to 1799, when the New York State Legislature
chartered The Manhattan Company to supply "pure and wholesome"
water to the citizens of New York City. J.P. Morgan also has
European roots. When J. Pierpont Morgan established J.P.
Morgan & Co. in New York in 1871, the bank initially served as
a New York sales and distribution office for his father's firm,
J.S. Morgan & Co., an underwriter of European securities.
In 2000, the Chase Manhattan Bank merged with J.P. Morgan &
Co. In 2004, Bank One and JPMorgan Chase joined forces, with the
CEO of Bank One, Jamie Dimon, taking over the combined firm's
reins. More recently, in 2008, JPMorgan Chase famously picked
up its ailing competitor Bear Stearns. Although the firm
weathered the financial crisis better than most of its peers, a
2012 trading loss in excess of $5 billion tarnished the firm's
relatively clean record. Still, the firm is the top underwriter of
global debt and equity underwriting volume on Wall Street, and one
of the leading investment banks when it comes to global M&A