Bank One
Acquisition in 2004
Bank One is a Chicago-based multibank holding company providing domestic retail banking, finance, and credit card services; worldwide commercial banking services; and trust and investment management services for commercial and business customers and consumers. The company’s retail segment provides a range of financial products and services including deposits, investments, loans, insurance, and online banking. Its commercial banking segment offers an array of products such as global cash management, treasury services, capital markets, commercial cards, lending, and other noncredit products and services for corporate banking and middle-market banking customers. Bank One’s capital markets business is engaged in the origination, trading, and distribution of asset-backed securities, investment-grade securities, derivatives, tax-exempt securities, foreign exchange, government bonds, and tax-oriented investments. Its investment management group provides investment, insurance, trust, and private banking services for individuals. Bank One also offers card services, private client services, and retail investment services. Bank One operates banking offices in Arizona, Colorado, Florida, Illinois, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Texas, Utah, West Virginia, Wisconsin and in certain international markets. Its products and services are delivered to customers through approximately 1,795 banking centers in 14 states, a network of ATM’s, bankone.com, and a 24-hour telephone banking network. Founded in 1998, Bank one was acquired by JPMorgan Chase & Co. on July 1, 2004.