At the top of the list, JPMorgan-Chase holds almost $2.4 trillion in worldwide assets. This makes it the largest bank in the country – and the sixth-largest in the world. The company is the result of the 2000 merger of J.P. Morgan and Company and Chase Manhattan Corporation. While the J.P. Morgan name is used for investment banking and private wealth management, the bank provides retail and commercial bank services as Chase. Financial titan of the 19th century, John Pierpont Morgan is the namesake of the company and founder of the original J.P. Morgan Bank. Early American politician and notorious duelist Aaron Burr was one of the creators of Chase Manhattan. Today, CEO Jamie Dimon leads the bank. Its fourth-quarter profit for 2019 rose 21% to $8.52 billion, thanks in large part to its investment bank division.
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