en.wikipedia.org/wiki/Chase_Bank

JPMorgan Chase’s own 2022 Form 10-K says the firm had $3.7 trillion in assets as of December 31, 2022. The SEC filing for the same year gives the more precise figure of $3,665,743 million. That directly contradicts the article’s figure of $3.31 trillion for 2022.

So the problem is not the ranking claim here; it is the asset number itself, which is materially understated relative to the company’s published 2022 financials.

JPMorgan Chase’s 2016 annual report lists headcount of 243,355 for 2016. The same figure is repeated in the company’s 2016 ESG reporting. The article’s number, 250,355, is not the firm’s 2016 headcount.

This looks like a later employee count being mistakenly labeled as a 2016 figure.

In this infobox, the article says the bank was founded on September 1, 1799 and then lists John Thompson as founder. But JPMorganChase’s own history says it traces its founding to the Manhattan Company in 1799, and that Hamilton and Burr led its creation. The company history also states that Aaron Burr inserted the charter clause that led to the Bank of the Manhattan Company.

John Thompson is associated with a different predecessor: Chase National Bank, which was founded much later, in 1877. So listing Thompson as the founder alongside a 1799 founding date is incorrect for the institution described in this article.

JPMorgan Chase completed the Bear Stearns acquisition in May 2008. It then acquired Washington Mutual’s banking operations on September 25, 2008, according to JPMorgan Chase’s own press release issued that day. So the article’s “2008 and 2009 respectively” chronology is wrong: both transactions occurred in 2008.