On the eventful day of the 31st of December, 2021, JPMorgan Chase—a global leader in financial services—created a new milestone for the banking goliath – it disclosed an asset size of $3.11 trillion. The firm’s roots can be traced to 1799 when its earliest predecessor institution The Manhattan Company was founded. In 1871, John Pierpont Morgan – in a partnership with Anthony Drexel – established the Drexel, Morgan and Co. in New York; which was rechristened J.P. Morgan and Co. in 1895. The financial institution acquired its present name of JPMorgan Chase and Co. in 2000 when it merged with Chase Manhattan. In this post, we take a closer look at the banking giant’s unique investment and acquisition strategy through the years in a bid to battle FinTechs at their own game. Tech Deal Making Contours“We have to fight. We have to move quicker. We have got to kill our own bureaucracies.” — Jamie Dimon, JPMorgan ChaseIf we look at the contours of JPMorgan Chase, we can surely see signs of the commandment set by the CEO. The urgency, the swiftness, and the diversity of FinTech investments by the firm signal the desire to engage in a multi-pronged fight with […]