history of JPMorgan Chase & Co: https://jpmorganchase.com/about/our-history
4 Line of Business Segments/Division
Consumer & Community Banking (CCB)
The CCB division provides services to its clients through its branches, ATMs, online, mobile, and telephone banking.
The division works through its three segments:
- consumer and business banking - offers deposit, investment products and services to consumers, and cash management, deposit, and payment solutions to small and medium enterprises
- mortgage banking - provides residential mortgages, home equity loans, and mortgage servicing
- card, commerce solutions, and auto - issues credit cards, merchant payment solutions, auto loans and leases, and student loans
Corporate & Investment Bank (CIB)
The CIB division provides a range of investment banking, market making, prime brokerage, treasury and securities products, and other services to global corporations, governments, financial institutions, municipalities, and individual investors. The services are offered through the banking and the market and investor services segments of this division. Banking entails advising investors on corporate strategy and structure, capital raising in equity and debt markets, treasury services, loan origination and servicing, as well as a range of investment products and services. Market and investor services comprise risk management solutions, prime brokerage, securities services, and securities lending products for asset managers and investment funds.
Comercial Banking (CB)
The CB division provides financial solutions such as treasury services, asset management, and investment banking. It also provides financing to real estate investors and property owners. The division includes specialists and financial experts who offer industry knowledge to financial institutions, non-profit organizations, multinational corporations, and governments.
Asset & Wealth Management (AWM)
The AWM division offers investment management across different asset classes such as equities, money market funds, and fixed income. For clients with multi-asset investment needs, the division provides solutions to clients’ investment needs. Other services offered in this division include retirement planning, brokerage, and banking services. The typical clients for this division comprise high-to-ultra high net worth investors, institutions, and retail investors.
Profit Types
- return on assets (ROA) - bank’s net income divided by its total assets
- return on equity (ROE) - bank’s net income divided by its shareholders’ equity
- return on invested capital
- earnings per share
- return on net worth
|
JPMorgan Chase Business Segment |
Net Income |
Return on Equity |
|---|---|---|
|
Consumer & Community Banking (CCB) |
$2,553 million |
19% |
|
Corporate & Investment Bank (CIB) |
$2,546 million |
13% |
|
Commercial Banking (CB) |
$881 million |
17% |
|
Asset & Wealth Management (AWM) |
$674 million |
29% |
|
Corporate/Private Equity (CPE) |
NET INCOME AND RETURN ON EQUITY FOR THIRD-QUARTER 2017