JPMorgan Chase & Co. is a global financial services firm with assets of $2.6 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brand. The company has 260,000 employees.
Business Activities
Chase
The U.S. consumer and commercial banking businesses serve customers under the Chase brand.
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The consumer businesses include:
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The commercial banking businesses include:
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J.P. Morgan
J.P. Morgan clients include the world's most prominent corporations, governments, wealthy individuals and institutional investors. These businesses use the J.P. Morgen Brand:
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J.P. Morgan brand:
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The commercial banking businesses include:
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Global Philanthropy
In 2013, JPMorgan Chase and its Foundation gave more than $210 million to thousands of nonprofit organizations across 42 U.S. states, the District of Columbia, and 44 countries around the world. More than 47,000 employees provided 540,000 hours of volunteer service in local communities around the globe.
JPMorgan Chase works with community partners to create pathways to opportunity by supporting workforce development, financial capability, small business development and community development in the regions where we do business.
Key Philanthropic Initiatives
Workforce Readiness: In 2013, JPMorgan Chase and its Foundation launched New Skills at Work, the largest private sector effort seeking to address the issue. The $250 million, five-year initiative is aimed at helping inform and accelerate efforts to develop demand-driven skills training so that workers and industries have the skills to compete and prosper in a global economy.
Financial Capability: JPMorgan Chase provides funding to partners delivering financial capability programs in our communities. The company’ grants to community partners will:
Small Business Development: Through the company’s philanthropy intiative, JPMorgan Chase funds non-profits that connect small businesses to crucial resources that help them grow. In 2014, JPMorgan Chase launched Small Business Forward, a $30 million, five-year initiative to support the formation, growth and success of sector-specific small business clusters by helping non-profits provide small business owners with access to investors, managerial training, skilled workers, supply chains, facilities and new markets.
Community Development/Affordable Housing: JPMorgan Chase has invested $33 million in seven CDFI Collaboratives that are responding to their community's unique community and economic development challenges. Together these organizations will leverage millions in additional investment to support low-income people and neighborhoods.
Employee Engagement and Volunteerism: The Employee Engagement and Volunteerism Team at JPMorgan Chase helps match the interests and passions of our employees to meaningful and needed community service where the firm operates. JPMorgan Chase actively promotes volunteerism and service through its Good Works program, which organizes hands-on and skills-based volunteer opportunities, grants, and a matching gifts program.