What is the relationship between JPMorgan Chase and Morgan Stanley Bank?

JPMorgan Chase and Morgan Stanley Bank now operate independently and have nothing to do with each other.

JP Morgan first founded the famous investment bank JP Morgan (named after himself). When the Great Depression broke out in 1930s, the American government believed that universal banks were the cause of the Great Depression, so it issued a bill prohibiting commercial banks from engaging in investment banking at the same time.

Therefore, it can be roughly seen that JPMorgan Chase split up and formed JPMorgan Chase and Morgan Stanley.

In this context, Morgan Bank was divided into three parts, JP Morgan became a pure commercial bank, Morgan Stanley became an investment bank, and the other Morgan was responsible for overseas business, which was acquired by Deutsche Bank on 1990. At that time, JPMorgan Chase's predecessor, JPMorgan Chase, was merged into JPMorgan Chase in 2000 and no longer existed independently.

Morgan Stanley and JPMorgan Chase, also known as Morgan Stanley and Morgan Stanley, are famous American financial institutions. The former is a well-known investment bank and the latter is a well-known commercial bank.

Morgan Stanley, also known as Morgan Stanley, was originally the investment department of Morgan Bank. After the introduction of the bill prohibiting financial mixed operation, the founders Henry sturgis Morgan and Harold Stanley (which is the origin of Morgan Stanley's name) led the original investment banking team to form the predecessor of Morgan Stanley. Morgan Stanley's fastest-growing period was in the 1970s, and it was renamed because of its merger and acquisition business. It was not until 2000 that Morgan Stanley was translated into Morgan Stanley in China.

JPMorgan Chase, commonly known as J.P.MORGAN, was formed by the merger of Chase Bank, J.P. Morgan Company and Fleming Group in 2000. Headquartered in new york, USA, it is one of the largest financial services institutions in the United States. At the end of 2005, the group merged with the fourth-ranked Bank of America. Bank of JP Morgan Chase is its registered name in China, JP Morgan Chase, mbth.

JPMorgan Chase and Morgan Stanley were once a family in JPMorgan Chase. Establish (briefly or directly) a holding fund company in China. Shanghai-based Morgan Fund and JPMorgan Chase are family members, while Shenzhen-based Morgan Stanley Huaxin Fund and Morgan Stanley are family members.

References:

JPMorgan Chase Baidu Encyclopedia and Morgan Stanley Baidu Encyclopedia.