operates as a global financial services company in the United States.
It operates in six segments: Investment Bank, Retail Financial Services (RFS), Card Services, Commercial Banking, Treasury and Securities Services (TSS), and Asset and Wealth Management (AWM). Investment Bank segment delivers products and services, including advising on corporate strategy and structure, equity and debt capital raising, risk management, and market-making in cash securities and derivative instruments in various capital markets to corporations, financial institutions, governments, and institutional investors worldwide.
In addition, it participates in proprietary investing and trading.
RFS segment offers consumer banking, small business banking, auto and educational finance, home finance, and insurance services.
It operates approximately 2,508 branches in 17 U.
S. states and 6,650 automated teller machines.
Card Services segment issues various credit cards, including cards issued on behalf of airlines, hotels, universities, retailers, and other financial institutions in the United States, with approximately 94 million cards in circulation.
It also acts as a merchant acquirer.
Commercial Banking segment has three client segments: Middle Market, Mid-Corporate, and Real Estate.
It also has two product segments, such as Asset-Based Lending and Leasing.
TSS segment provides transaction, investment, and information services to treasurers, issuers, and investors worldwide.
AWM segment provides investment and wealth management services to institutional and retail investors, financial intermediaries, and their advisors.
It also offers mutual fund franchise, retirement plan administration, and consultation and brokerage services for retail clients.
The company has operations in approximately 50 countries in Europe, Middle East, Africa, Asia-Pacific, Latin America, and the Caribbean.
JPMorgan Chase is headquartered in New York City.
