Is JPMorgan Chase Bank doing great in terms of investments and retail banking?
- Anonymous1 decade agoFavorite Answer
Not real great compared to the competition. They are about average. Their earnings are somewhat eratic. They are however number 3 behind C and BAC in size.
- 1 decade ago
the person above me is right and wrong. The are not as big as Citi or B of A, but their investment side is quite a powerhouse. They manage over 40% of the world's billionaires' money. They have been around for over 200 years, which is longer than anyone else I can think of. They are acquiring many banks and are looking to go from 18 states to 40 states by 2010. Those are some good statisticsSource(s): I used to work for JP Morgan.