J.P. Morgan Chase & Co is an American full service securities firm and commercial bank engaged in securities trading and brokerage activities, as well as providing investment banking, asset management and private banking, financing, and financial advisory services and other commercial and investment banking products and services to a wide range of corporations and individuals.
J.P. Morgan AG is the 43rd largest bank in Germany in terms of total assets. In 2018 its total assets were 20 550,73 mln EUR, providing the bank with the market share of 0.29%. In 2018 the bank's net income was -8,78 mln EUR.
J.P. Morgan AG participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. J.P. Morgan AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
J.P. Morgan AG is headquartered in Frankfurt Am Main.