Stock price JP Morgan Chase & Co (JPM) today

JP Morgan Chase & Co. — one of the oldest and biggest financial conglomerates in the world, a part of “Big 4” of American banks, the company’s income is more than 2 billion dollars. It was founded in 1861 as JPMorgan & Co. and devoted to sales of government securities, foreign currency and gold. It was an active participant of supply funding during the Civil War, thus it found itself very close to the governments of the USA, France and Great Britain. Since 1893 it is a valuable investor of American railroads. J.P.Morgan & Co. actively absorbed some smaller companies, constantly increasing its own profitability. In 2000 it united with Chase Manhattan — one of the oldest banks in the USA. Currently the conglomerate unites around thousand financial organizations. The main field of activity is represented by the brokerage institution J.P. Morgan Securities LLC and the biggest national bank in the USA — JPMorgan Chase Bank which produced credit cards “Chase Bank USA”