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 Securities plc is the 5th largest bank in the United Kingdom in terms of total assets. In 2017 its total assets were 620,91 bln USD, providing the bank with the market share of 5.20%. In 2017 the bank's annual profit was 2 635,46 mln USD.
J.P. Morgan Securities plc is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is (P)Aa2 (high grade; provisional).
J.P. Morgan Securities plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.
J.P. Morgan Securities plc is headquartered in London.
|Total Assets (2017)|
|620.91 bln USD (+8.96%)|
In 2017 total assets of J.P. Morgan Securities plc were 620.91 bln USD. Growth compared to the previous period (2016) was 8.96%. The evolution of the total assets of J.P. Morgan Securities plc is shown at Chart 1 below.
Chart 1. Total Assets of J.P. Morgan Securities plc.
|Annual Profit (2017)|
|2 635.46 mln USD (-16.22%)|
In 2017 annual profit of J.P. Morgan Securities plc was 2 635.46 mln USD. Decline compared to the previous period (2016) was -16.22%. The evolution of the annual profit of J.P. Morgan Securities plc is shown at Chart 2 below.
Chart 2. Annual Profit of J.P. Morgan Securities plc.
|- (not rated)||(P)Aa2 (high grade; provisional)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. J.P. Morgan Securities plc is rated by Moody's.
Credit ratings assigned to J.P. Morgan Securities plc as of May 2018 are shown in details in the following sections.
Long-term rating for J.P. Morgan Securities plc it is set to (P)Aa2 (high grade; provisional). Long-term bank deposit rating is not assigned. Baseline credit assessment is not set. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||-|
Outlook for the ratings of J.P. Morgan Securities plc is set to stable (not likely to change).
|Yes (up to 85 000 GBP per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.
In the case of J.P. Morgan Securities plc failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||private individuals, small companies|
|Maximum Protected Amount||85 000 GBP|
|Paid In Currency||GBP|
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of J.P. Morgan Securities plc and its components are shown in the table below.
|Bank BIC Code||JPMS|
|Country Code||GB (United Kingdom)|
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of J.P. Morgan Securities plc is shown in the table below.
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.
The following banks operating under JPMorgan brand name has been recently closed down: