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Entries for the ‘Feature Company’ Category

JPMorgan Chase & Co.

Sep.27, 2008 in Banking and Finance, Business, Feature Company

JPMorgan Chase & Co. (NYSE: JPM) is one of the oldest operating financial services firms in the world. The company, headquartered in New York City, is a leader in investment banking, financial services, asset and wealth management and private equity. With assets of $1.8 trillion, JPMorgan Chase is currently the second largest banking institution in the United States,[3] behind Citigroup. The hedge fund unit of JPMorgan Chase is the largest…

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Washington Mutual

Sep.27, 2008 in Banking and Finance, Business, Feature Company


Washington Mutual was founded as theWashington National Building Loan and Investment Association on September 25,1889, in an attempt to save Seattle’s economy[citation needed] after a fire nearly destroyed the city. The newly formed company made its first home mortgage loan on the West Coast on February 10, 1890. Its name was changed to Washington Savings and Loan Association on June 25, 1908. During World War I, its assets expanded by…

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"I cannot conceive of a God who rewards and punishes his creatures, or has a will of the type of which we are conscious in ourselves. An individual who should survive his physical death is also beyond my comprehension, nor do I wish it otherwise; such notions are for the fears or absurd egoism of feeble souls." -Albert Einstein