Structure
JPMorgan Chase & Co. owns five bank subsidiaries in the United States: JPMorgan Chase Bank, National Association; Chase Bank USA, National Association; Custodial Trust Company; JPMorgan Chase Bank, Dearborn; and J.P. Morgan Bank and Trust Company, National Association.
JPMorgan Chase's activities are organized, for management reporting purposes, into six business segments: investment banking, card services and consumer lending, commercial banking; personal and business banking, home lending, treasury & securities services, asset management, corporate; including private equity (One Equity Partners) and treasury and corporate functions. The investment banking division at J.P. Morgan is divided by teams: industry, M&A and capital markets. Industry teams include consumer health care and retail, diversified industries and transportation, natural resources, financial institutions, metals and mining, real estate and technology, media and telecommunications.
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“In the extent and proper structure of the Union, therefore, we behold a republican remedy for the diseases most incident to republican government.”
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