JPMorgan Chase Announces Visa’s Acceptance of Class B-1 Common Stock

Rhea-AI Summary

JPMorgan Chase announced that Visa accepted its Class B-1 common stock tender. The Firm holds $4.1 trillion in assets and $337 billion in stockholders' equity. It operates in various financial sectors globally.

Positive

• JPMorgan Chase's Class B-1 common stock tender was accepted by Visa, demonstrating confidence in the firm's financial standing.

• The Firm's $4.1 trillion in assets and $337 billion in stockholders' equity showcase a strong financial position.

• JPMorgan Chase's leadership in investment banking, financial services, commercial banking, and asset management solidify its market presence.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- JPMorgan Chase & Co. (“the Firm”) announced today that Visa accepted the Firm’s tender of its Class B-1 common stock. Information can be found on the Firm’s Investor Relations website at jpmorganchase.com/press-releases.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $4.1 trillion in assets and $337 billion in stockholders’ equity as of March 31, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P.Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world's most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240506562943/en/

Investor Contact:       

Mikael Grubb 

212-270-2479



Media Contact:

Joseph Evangelisti       

212-270-7438                                 

Source: JPMorgan Chase & Co.

FAQ

What did Visa accept from JPMorgan Chase?

Visa accepted JPMorgan Chase's tender of its Class B-1 common stock.

What are JPMorgan Chase's total assets as of March 31, 2024?

JPMorgan Chase had $4.1 trillion in assets as of March 31, 2024.

Where can information about JPMorgan Chase be found?

Information about JPMorgan Chase can be found on their Investor Relations website at jpmorganchase.com.

What is the stock symbol for JPMorgan Chase?

The stock symbol for JPMorgan Chase is NYSE: JPM.