‘CHASE WHAT MATTERS’

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‘CHASE WHAT MATTERS’

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‘CHASE WHAT MATTERS’. 578 S Mccaslin Blvd, Louisville, CO Tel. (303) 245-6530 Website: https://www.chase.com/. - PowerPoint PPT Presentation

Transcript of ‘CHASE WHAT MATTERS’

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‘CHASE WHAT MATTERS’

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578 S Mccaslin Blvd, Louisville, COTel. (303) 245-6530Website: https://www.chase.com/

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Chase is known as ‘one of the oldest financial institutions in the United States, is also one of the most respected in the world. With a history dating back over 200 years, here's where Chase stand today’: 

• Chase is a leading global financial services firm with assets of $2 trillion.

• Chase operates in over 60 countries.• Chase has more than 200,000 employees.• Chase serves millions of consumers, small businesses and many

of the world's most prominent corporate, institutional and government clients.

• Chase is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity

• Chase’s stock is a component of the Dow Jones Industrial Average

Chase is doing their part to move the nation forward.

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CHASE starts out their history in New York when Aaron Burr founded The Manhattan Company in September of 1799.

1877 Chase National Bank was formed by John Thompson.1912 the Chase National Bank, through its Chase Securities Corporation.

In 1926, for instance, it acquired Mechanics and Metals National Bank.1930 Equitable Trust Company of New York, the largest stockholder of

which was John D. Rockefeller, Jr. This made it the largest bank in America and the world.

Chase was primarily a wholesale bank, dealing with other prominent financial institutions and major corporate clients, such as General Electric, which had, through its RCA affiliate, leased prominent space and become a crucial first tenant of Rockefeller Center, rescuing that major project in 1930. The bank also is closely associated with and has financed the oil industry, having longstanding connections with its board of directors to the successor companies of Standard Oil, especially ExxonMobil, which are also Rockefeller holdings.

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July 1996 the Chase Manhattan Bank was purchased by Chemical Bank of New York.

1955 Chase National Bank and The Manhattan Company merged to create Chase Manhattan Bank.

1961, Chermayeff and Geismar designed a octagon shape for Chase Manhattan Bank's new logo.

December 2000 Chase Manhattan completed the combination with J.P. Morgan & Co. one of the largest banking mergers.

Logo used by Chase when they merged with The Manhattan Company

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The Chemical Bankof New York(est. 1823)

Texas Commerce Bank(est. 1866)

Hanover Bank(est. 1873)

ManufacturersTrust Company(est. 1905)

Chase National Bankof the City of New York(est. 1877)

Chase Manhattan Bank(merged 1995)

Chemical Bank(merged 1991)

Chase Manhattan Bank(merged 1955)

Chemical Bank(merged 1986)

Manufacturers Hanover(merged 1961)

Bank of theManhattan Company(est. 1799)

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Paid $2 billion in fines to invest in a company called Enron, that crashed in 2001.

Paid $160 million in fines and penalties to settle legal issues in 2003.

Paid $2.2 billion to settle a lawsuit filled by Enron customers.

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Manhattan Company started up.Chase National Bank formed in 1877.Acquired a number of smaller banks

during the 1920’s.Chase National Bank merges with The

Manhattan Company in 1955, making it the largest bank.

Proclaims a net income of $4.8 billion in 2010.

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