Full Form of JP MORGAN
John Pierpont Morgan
JP MORGAN Full Form is John Pierpont Morgan. JP Morgan is a multinational public sector bank that primarily origins from the United States of America. It is generally known as J. P. Morgan Chase & Co. This bank is named after its founder John Pierpont Morgan. It’s original and primary predecessor was Bank of the Manhattan Company. Officially founded in 2000 and headquartered in New York, JP Morgan company is considered as the largest bank in the USA and the sixth largest bank in the world according to its total assets.
It offers services and products in a number of sectors including commercial, consumer, corporate, and retail banking, management of wealth, loans, mortgages. and investment, services in foreign exchange, equity, insurance etc. In its long journey, this bank has acquired as well as merged with a number of notable organizations. It is the pioneer and leader of the system called credit derivatives.
This bank provides its services not only in the USA but also internationally in about 100 countries. This bank has four main subsidiaries namely J. P. Morgan & Co., Chase Bank, One Equity Partners, and J. P. Morgan Cazenove. This bank also has its own art collection that mainly consists of unique photographs. It also sponsors many sports events related to soccer, rugby, tennis, and road racing.