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Jamie Dimon. James Dimon ( / ˈdaɪmən /; born March 13, 1956) is an American banker and businessman who has been the chairman and chief executive officer (CEO) of JPMorgan Chase since 2006. Dimon began his career as a management consultant at Boston Consulting Group.
Chemical National Bank offices at 270 Broadway, c. 1913. Chemical Bank was the principal operating subsidiary of the Chemical Banking Corporation, a bank holding company. As of the end of 1995, before its merger with the Chase Manhattan Bank, Chemical was the third-largest bank in the United States by total assets, with $182.9 billion.
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank ...
Instead, he said, he simply deposited the money into his personal business account at Chase Manhattan Bank. When his customers asked for withdrawals, he paid them out of the Chase account—a classic "robbing Peter to pay Paul" scenario. Chase and its successor, JPMorgan Chase, may have earned as much as $483 million from his bank account.
For example, Chase Bank offers a High School Checking account to students who are ages 13 to 17 years old at account opening. The account charges no monthly service fees. The account charges no ...
Providian was a company that sold credit in the "subprime" market. Providian provided credit cards primarily to the lowest income groups in the U.S. at high interest rates. The annual percentage rates (APR) charged by Providian were as high as 29.9 percent. In a March 1999 memorandum published by the San Francisco Chronicle, the founder of the ...
The largest bank in the United States by assets is JPMorgan Chase & Co., the company formed in 2000 with the merger of investment banking institution J.P. Morgan and retail banking arm Chase Bank.
A bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. Each financial institution sets the terms and conditions for each type of account it offers, which are classified in commonly understood types, such as deposit accounts ...
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