The history of the American financial holding JPMorgan Chase & Co can be seen as a unique example of a two-century success. It began as a result of the amalgamation of several banks, the oldest of which, the Bank of the Manhattan Company, was founded in 1799. Not much younger was the Chemical Bank, being founded in 1824. Numerous financial organizations were merged in the course of XIX and XX centuries, up to 2000 when the Chase Manhattan Bank, connected with the name of David Rockefeller, acquired J.P. Morgan & Co, which was founded in 1871 and also survived the enchainment of mergers. As a result of a successful amalgamation, the holding has now concentrated in its hands vast amounts of money. His annual income as of 2017 amounted to almost $ 100 billion. Jamie Dimon, the most high-paid CEO on the North American continent in recent years, made a considerable contribution to the success of JPMorgan Chase & Co. The holding provides its private clients with services only in the United States, while its affiliates work with individuals abroad. JPMorgan Chase & Co's interests also affect the investment business. The holding is among the ten largest investment companies in the world in terms of assets. An important part of the corporation's activity belongs to the financial services of large businesses and government institutions around the world. The shares are estimated as reliable, which is implied by the holding's long history, as well as promising for long-term investments.
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