Conglomerate Companies: Jpmorgan Chase

Decent Essays
Conglomerates are a combination of two corporations that sell totally different products that form one group. Conglomerates come together because they can both share their resources and contacts to enhance their profits. JPMorgan Chase is an example of a conglomerate because JPMorgan & Co and Chase Manhattan Co, merged together to form JPMorgan Chase. JPMorgan Chase is a company where they provide financial services, financial transactions processing, private equity, commercial banking, etc. The corporation has a diverse variety of business expertise. JPMorgan Chase is headquarters is in New York City. Their headquarter is in New York City because they can create approximately 16,000 jobs, 1.3 million square foot space, and because they will

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