Commercial Banking

From startups to legacy brands, you're making your mark. We're here to help.

Innovation Economy
Fueling the success of early-stage startups, venture-backed and high-growth companies.
Midsize Businesses
Keep your company growing with custom banking solutions for middle market businesses and specialized industries.
Large Corporations
Innovative banking solutions tailored to corporations and specialized industries.
Commercial Real Estate
Capitalize on opportunities and prepare for challenges throughout the real estate cycle.
Community Impact Banking
When our communities succeed, we all succeed. Local businesses, organizations and community institutions need capital, expertise and connections to thrive.
International Banking
Power your business' global growth and operations at every stage.

Key Links

Credit and Financing

Prepare for future growth with customized loan services, succession planning and capital for business equipment.

Asset Based Lending
Enhance your liquidity and gain the flexibility to capitalize on growth opportunities.
Equipment Financing
Maximize working capital with flexible equipment and technology financing.
Trade and Working Capital
Experience our market-leading supply chain finance solutions that help buyers and suppliers meet their working capital, risk mitigation and cash flow objectives.
Syndicated Financing
Leverage customized loan syndication services from a dedicated resource.
Commercial Real Estate
Capitalize on opportunities and prepare for challenges throughout the real estate cycle.
Employee Stock Ownership Plans
Plan for your business’s future—and your employees’ futures too—with objective advice and financing.

Key Links

Institutional Investing

Serving the world's largest corporate clients and institutional investors, we support the entire investment cycle with market-leading research, analytics, execution and investor services.

Institutional Investors
We put our long-tenured investment teams on the line to earn the trust of institutional investors.
Markets
Offering market-leading research, proprietary pricing data and analytics, and trade execution across multiple asset classes, including credit, equities and FX.
Prime Services
Helping hedge funds, asset managers and institutional investors meet the demands of a rapidly evolving market.
Global Research
Leveraging cutting-edge technology and innovative tools to bring clients industry-leading analysis and investment advice.
Securities Services
Helping institutional investors, traditional and alternative asset and fund managers, broker dealers and equity issuers meet the demands of changing markets.

Key Links

Investment Banking

Providing investment banking solutions, including mergers and acquisitions, capital raising and risk management, for a broad range of corporations, institutions and governments.

Center for Carbon Transition
J.P. Morgan’s center of excellence that provides clients the data and firmwide expertise needed to navigate the challenges of transitioning to a low-carbon future.
Corporate Finance Advisory
Corporate Finance Advisory (“CFA”) is a global, multi-disciplinary solutions team specializing in structured M&A and capital markets. Learn more.
Development Finance Institution
Financing opportunities with anticipated development impact in emerging economies.
ESG Solutions
Offering ESG-related advisory and coordinating the firm's EMEA coverage of clients in emerging green economy sectors.
Mergers & Acquisitions
J.P. Morgan advises corporations and institutions of all sizes on mergers and acquisitions (M&A), meeting the most complex strategic needs in local markets as well as on a global scale.

Key Links

Private Bank

A uniquely elevated private banking experience shaped around you.

Banking
We have extensive personal and business banking resources that are fine-tuned to your specific needs.
Investing
We deliver tailored investing guidance and access to unique investment opportunities from world-class specialists.
Lending
We take a strategic approach to lending, working with you to craft the fight financing solutions matched to your goals.
Planning
No matter where you are in your life, or how complex your needs might be, we’re ready to provide a tailored approach to helping your reach your goals.

Wealth Management

Whether you want to invest on your own or work with an advisor to design a personalized investment strategy, we have opportunities for every investor.

Invest on your own
Unlimited $0 commission-free online stock, ETF and options trades with access to powerful tools to research, trade and manage your investments.
Work with our advisors
When you work with our advisors, you'll get a personalized financial strategy and investment portfolio built around your unique goals-backed by our industry-leading expertise.
Expertise for substantial wealth
Our Wealth Advisors & Wealth Partners leverage their experience and robust firm resources to deliver highly-personalized, comprehensive solutions across Banking, Lending, Investing, and Wealth Planning.

Key Links

About Us

We aim to be the most respected financial services firm in the world, serving corporations and individuals in more than 100 countries.

Key Links

Banking

Managing cash: Make sure your assets are well protected

June 08, 2023

Today, choosing where and how to hold your cash reserves is as important as any investment decision.

Businesspeople sitting in restaurant and having meeting. They are examining documents, finishing their paperwork. In front of mature businesswoman is laptop. Overhead view.

By Vishal Thakkar

Managing Director, Global Head of Deposits and Custody

By Vishal Thakkar

Recent shocks to the global banking system have made it clear that great care is needed when it comes to selecting a primary banking institution.

Today, it is important to be well informed on wide-ranging topics, such as the strength of a financial institution’s balance sheet, the effectiveness of the cybersecurity protections it provides and the quality of the advice and services it offers. The rate of interest you earn on your money is only part of the equation.

Here are considerations for focusing your attention as you evaluate the long-term security of your assets and where you entrust your wealth.

What are the limits of government protection?

Following recent market volatility and uncertainties around the banking industry, questions have arisen regarding the extent of federal government protections for deposit accounts.

U.S. deposit accounts are protected by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000 per each depositor per account category if it is held at an insured bank. Common account categories include single/individual accounts, joint accounts, IRAs and revocable trust accounts. Keep in mind:

If you maintain multiple accounts of the same type (two or more deposit accounts, for example) at a
single bank, the combined deposits are insured up to the standard $250,000
amount
- The interests of each individual in all joint accounts at the same FDIC-insured depository
For trusts, the amount of the insurance coverage is based on the number of beneficiaries, and in some
cases, the interests allocated to them, up to $250,000 per beneficiary, per insured bank You do not have to apply for FDIC protection. Coverage is automatically provided for each type of deposit account ownership category¹

If your accounts hold more than the standard insured amount, it is the stability/capitalization of the institution where you bank that protects your deposits beyond the FDIC-insured amount.²

Can your bank weather adverse market conditions?

Basel III, an international regulatory accord, introduced a set of reforms to mitigate risk within the global banking sector in the wake of the Great Recession (2008). These tighter regulatory controls and capital requirements require banks to maintain a certain level of capital in the event they would need liquidity. While not fully implemented by all countries signing the pact, these and other new regulations have helped strengthen the global banking system.

While there is enormous complexity to these efforts, three closely watched indicators can help you monitor the fiscal health of your financial institution:

Common Equity Tier 1 (CET1) Capital: This is the core capital that a bank holds in its capital structure. Regulators require banks to hold certain levels of Tier 1 and Tier 2 capital as reserves so that they are able to absorb losses without any repercussions. The minimum Tier 1 capital ratio is 6% of the bank’s risk-weighted assets
CET1 Ratio: This figure compares a bank’s capital against its risk-weighted assets to determine its ability to withstand financial distress. A low CET1 ratio shows that a bank may not be able to absorb a financial shock. CET1 information can be found in a bank’s public filings; specifically, in its 10-K or 10-Q reports
Credit rating: Credit rating assesses the ability of countries and businesses, including financial institutions, around the world to meet their financial commitments. The most common rating agencies are Standard & Poor’s (S&P), Moody’s and Fitch, which evaluate credit ratings based on a letter scale. Each agency’s highest credit rating is either “AAA” or “Aaa,” demonstrating strong reliability and low risk. Ratings are updated on a quarterly basis and posted on each agency’s respective website

How strong are your bank’s investments in cybersecurity protections?

Today, as online banking, investing and payment systems become ever more embedded in the financial lives of people around the world, cyber criminals are finding equally sophisticated ways to insert themselves into the global banking system.

To protect client assets and information as well as their own operations, financial institutions invest heavily in computer systems that not only monitor money movement transactions for fraud, but software, networks, storage devices and other technology assets. Among the notable – and often visible – results of these efforts are multi-factor authentication; rigorous privacy controls; real-time notifications when problems occur; training and educating staff and clients to improve their security postures as new threats emerge.

How much cash do you need to have on hand?

Once you are satisfied with the safety and security of your assets at your core banking institution(s), consider how much liquidity or cash on hand you require day-to-day and longer-term to support your investment strategy.

In uncertain times, it is natural to want to hold on to more cash than you may need so that you have a psychological safety net, perhaps leading you to go beyond having enough liquidity to:

Cover operating expenses for yourself and your family
Fund large purchases
Optimize your portfolio by taking advantage of unexpected opportunities

However, when inflation hits and interest rates rise, holding too much cash can be counterproductive to your goals. As with managing risk in the longer-term investments on your balance sheet, you might diversify and put excess cash to work via:

A day-to-day cash management strategy: Checking, savings or money market fund account that gives you ready access to cash
Short-term liquidity: Three, six and nine-month certificates of deposit (CDs) or other short-term investments
Long-term liquidity: 12- or 24-month CDs, short-term investments, or short-duration fixed income

We can help

The safety and security of our clients’ assets are our top priorities. Your J.P. Morgan advisor can answer any questions you may have about how we protect your accounts. You can also learn more here.

For more information on our cyber and fraud protections, please contact your J.P. Morgan advisor to schedule a session with our cybersecurity or fraud prevention specialists on how to secure your technology and your financial accounts.

Our Financial Strength³

Basel III CET1 Capital Ratio: 13.2%⁴
Credit Rating: Moody’s Investors Service Aa2⁵ | Standard & Poor’s A+⁵ | Fitch Ratings AA⁵

References

FDIC insurance is limited to these types of accounts: negotiable order of withdrawal (NOW) accounts, savings accounts, money market deposit accounts (MMDAs), time deposits such as certificates of deposit (CDs), cashier's checks, money orders, and other official items issued by a bank. Deposits not covered by the FDIC include securities, mutual funds and similar types of investments, Treasury securities (bills, notes and bonds), and safety deposit boxes or their contents.

J.P. Morgan Wealth Management website, March 23, 2023:The ripple effects of the bank crisis.

As of December 31, 2022, unless otherwise indicated.

Represents estimated common equity Tier 1
(“CETl”) capital and ratio under the Basel lll Fully Phased-In capital rules to
which the firm will be subject as of December 31, 2022. Common equity Tier 1
(“CETl”) capital, Tier 1 capital, Total capital, risk-weighted assets (“RWA”)
and the CETl, Tier 1 capital and total capital ratios and the supplementary
leverage ratio (“SLR”) under the Basel lll Fully Phased-In capital rules, to
which the firm will be subject commencing December 31, 2022, are considered key regulatory capital measures. These measures are used by management, bank regulators, investors and analysts to assess and monitor the firm’s capital position. For additional information on these measures, see Capital Risk Management on pages 86-96 of the firm’s Annual Report on Form 10-K for the year ended December 31, 2022.

Long-term issuer rating for JPMorgan Chase Bank, N.A.

IMPORTANT INFORMATION

This material is for informational purposes only, and may inform you of certain products and services offered by J.P. Morgan’s wealth management businesses, part of JPMorgan Chase & Co. (“JPM”). Products and services described, as well as associated fees, charges and interest rates, are subject to change in accordance with the applicable account agreements and may differ among geographic locations. Not all products and services are offered at all locations. If you are a person with a disability and need additional support accessing this material, please contact your J.P. Morgan team or email us at accessibility.support@jpmorgan.com for
assistance. Please read all Important Information.

GENERAL RISKS & CONSIDERATIONS. Any views, strategies or products discussed in this material may not be appropriate for all individuals and are subject to risks. Investors may get back less than they invested, and past performance is not a reliable indicator of future results. Asset allocation/diversification does not guarantee a profit or protect against loss. Nothing in this material should be relied upon in isolation for the purpose of making an investment decision. You are urged to consider carefully whether the services, products, asset classes (e.g. equities, fixed income, alternative investments, commodities, etc.) or strategies discussed are suitable to your needs. You must also consider the objectives, risks, charges, and expenses associated with an investment service, product or strategy prior to making an investment decision. For this and more complete information, including discussion of your goals/situation, contact your J.P. Morgan representative.

NON-RELIANCE. Certain information contained in this material is believed to be reliable; however, JPM does not represent or warrant its accuracy, reliability or completeness, or accept any liability for any loss or damage (whether direct or indirect) arising out of the use of all or any part of this material. No representation or warranty should be made with regard to any computations, graphs, tables, diagrams or commentary in this material, which are provided for illustration/reference purposes only. The views, opinions, estimates and strategies expressed in this material constitute our judgment based on current market conditions and are subject to change without notice. JPM assumes no duty to update any information in this material in the event that such information changes. Views, opinions, estimates and strategies expressed herein may differ from those expressed by other areas of JPM, views expressed for other purposes or in other contexts, and this material should not be regarded as a research report. Any projected results and risks are based solely on hypothetical examples cited, and actual results and risks will vary depending on specific circumstances. Forward-looking statements should not be considered as guarantees or predictions of future events.

Nothing in this document shall be construed as giving rise to any duty of care owed to, or advisory relationship with, you or any third party. Nothing in this document shall be regarded as an offer, solicitation, recommendation or advice (whether financial, accounting, legal, tax or other) given by J.P. Morgan and/or its officers or employees, irrespective of whether or not such communication was given at your request. J.P. Morgan and its affiliates and employees do not provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any financial transactions.

Legal Entity and Regulatory Information.

J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.

Bank deposit accounts and related services, such as checking, savings and bank lending, are offered by JPMorgan Chase Bank, N.A. Member FDIC.

This document may provide information about the brokerage and investment advisory services provided by J.P. Morgan Securities LLC (“JPMS”). The agreements entered into with JPMS, and corresponding disclosures provided with respect to the different products and services provided by JPMS (including our Form ADV disclosure brochure, if and when applicable), contain important information about the capacity in which we will be acting. You should read them all carefully. We encourage clients to speak to their JPMS representative regarding the nature of the products and services and to ask any questions they may have about the difference between brokerage and investment advisory services, including the obligation to disclose conflicts of interests and to act in the best interests of our clients.

J.P. Morgan may hold a position for itself or our other clients which may not be consistent with the information, opinions, estimates, investment strategies or views expressed in this document. JPMorgan Chase & Co. or its affiliates may hold a position or act as market maker in the financial instruments of any issuer discussed herein or act as an underwriter, placement agent, advisor or lender to such issuer.

Check the background of our firm and investment professionals on FINRA's BrokerCheck

To learn more about J. P. Morgan’s investment business, including our accounts, products and services, as well as our relationship with you, please review our J.P. Morgan Securities LLC Form CRS and Guide to Investment Services and Brokerage Products.

This website is for informational purposes only, and not an offer, recommendation or solicitation of any product, strategy service or transaction. Any views, strategies or products discussed on this site may not be appropriate or suitable for all individuals and are subject to risks. Prior to making any investment or financial decisions, an investor should seek individualized advice from a personal financial, legal, tax and other professional advisors that take into account all of the particular facts and circumstances of an investor's own situation.

This website provides information about the brokerage and investment advisory services provided by J.P. Morgan Securities LLC (JPMS). When JPMS acts as a broker-dealer, a client's relationship with us and our duties to the client will be different in some important ways than a client's relationship with us and our duties to the client when we are acting as an investment advisor. A client should carefully read the agreements and disclosures received (including our Form ADV disclosure brochure, if and when applicable) in connection with our provision of services for important information about the capacity in which we will be acting.

INVESTMENT AND INSURANCE PRODUCTS ARE: • NOT FDIC INSURED • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY • NOT A DEPOSIT OR OTHER OBLIGATION OF, OR GUARANTEED BY, JPMORGAN CHASE BANK, N.A. OR ANY OF ITS AFFILIATES • SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS OF THE PRINCIPAL AMOUNT INVESTED

J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.

Please read additional Important Information in conjunction with these pages.

What are the limits of government protection?

Can your bank weather adverse market conditions?

How strong are your bank’s investments in cybersecurity protections?

How much cash do you need to have on hand?

We can help

Our Financial Strength3

References

SHOW MORE

Related insights

Our Financial Strength³