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Chase Investment Services Corporation (Parent Company - JPMorgan Chase)

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Q: Which is largest investment bank in the world?
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Is JP Morgan an investment firm?

JP Morgan is a investment firm or a investment bank and has been around for a long time. They are one of the largest investment banks in the world and have a huge client base.


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In 1996 the largest bank in the world was the Tokyo-Mitsubishi bank


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Difference between Investment Bank Retail Bank and Corporate Bank?

According to my research on our friendly world wide web i found out that, Investment banks: Are those banks which raise money by selling securities to other companies and government. At present (since Lehman brothers & Merill Lynch are out of picture) Goldman sachs and Morgan Stanley are largest investment banks in USA. Retail banks: Are those banks which directly deal with customers. It deals with savings account, checking account, personal loans etc Commercial banks: Take deposits and gives loan to corporations. Bank of America is the largest commercial bank. Universal banks: are banks that participate in activities of commercial banks as well as investment banks. Bank of America is an universal bank