JPMorgan Chase & Co. (NYSE: JPM) is a global banking and financial services holding company headquartered in New York City. The firm has more than 40 operating subsidiaries employing roughly 240,000 people in 60 countries around the world. Its subsidiaries serve four main markets: consumer and community banking, commercial banking, investment banking, and asset management. In its 2017 fourth-quarter results, released on January 2018, JPMorgan Chase & Company reported fourth-quarter net income of $6.7 billion on revenue of $25.5 billion across its worldwide operations. While financial results are not broken down by subsidiary, the following companies account for a substantial majority of the company's operations. On February 21, 2018, JPMorgan announced its plan to build a new headquarter in mid-town Manhattan, which is expected to consolidate locations and hold 15,000 employees. 

JPMorgan Chase Bank

JPMorgan Chase Bank N.A. is a banking and financial services company serving consumers, small businesses, and commercial clients. The company operates more than 5,500 retail bank locations in the United States and nearly 200 locations abroad. JPMorgan Chase Bank lists more than 20 subsidiaries, most of which are associated with the company's international operations.

The Chase personal banking division serves nearly half of U.S. households. This division offers a full range of financial products and services, including essential banking services, loan products, and investment and financial planning services. The Chase business banking division serves small- and medium-sized businesses with annual revenue under $20 million. Business products and services include merchant accounts, payroll services, and business financing programs. Chase has roughly 3.9 million business clients.

The Chase commercial banking division delivers a broad range of services for companies and institutions with $20 million to more than $2 billion in annual revenue. It offers a comprehensive set of treasury services covering liquidity management, merchant services, corporate credit card solutions, and fraud protection. It also provides commercial real estate services and lending solutions and specialized credit and financing products for large domestic and multinational corporations.

JPMorgan Asset Management Holdings Inc.

JPMorgan Asset Management Holdings Inc. operates as the investment management arm of JPMorgan Chase & Co. The firm maintains a global network of research and client services offices in 30 countries to reach individual and institutional investors in more than 130 countries. It has $1.64 trillion in assets under management, as of Sept. 30, 2017.

JPMorgan Asset Management offers corporations, charitable foundations, financial intermediaries, and other institutional investors a deep selection of investment strategies covering all major asset classes, geographic regions, and investment styles. The firm ranks among the world's largest pension plan managers, with over half of the world's largest pension plans as clients. It also offers over 220 retail investment products, including exchange-traded funds (ETFs), mutual funds, and 529 plans.

J.P. Morgan Securities LLC

J.P. Morgan Securities LLC offers a full range of investment banking services for large corporations and other institutions and private wealth management services primarily for high-net-worth individuals. On the investment banking side, the firm offers debt and equity underwriting services and corporate restructuring and mergers services, as well as acquisitions advisory services. It provides cash management and other treasury services to more than 135,000 financial institutions, corporations, and government bodies around the world. The firm also offers brokerage and trade execution services to institutional investors and others, including insurance companies, banks, and broker-dealers. On the private wealth management side, it provides financial advisory services and a full range of tailored strategies to help wealthy clients achieve their financial goals.

Chase Bank USA

Chase Bank USA N.A. operates as JPMorgan Chase & Company's credit card-issuing bank. It handles credit card lending and related consumer lending programs marketed by JPMorgan Chase Bank and other affiliated companies. It does not operate retail banking locations.