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In 1998, Banc One Corporation merged with Chicago-based First Chicago NBD – the result of the 1995 merger of First Chicago Corp. and NBD Bancorp, two large banking companies who had themselves been created through the merger of many banks [119] [120]) – to form Bank One Corporation, and moved its headquarters from Columbus to Chicago. [121]
When constructed, it was the headquarters of First Chicago Corporation. [9] In 1998, it became the headquarters for Bank One Corporation, and accordingly it was renamed Bank One Tower, [10] The current name dates from October 24, 2005, one year after Bank One merged with Chase. Chase's retail bank division is based in the tower.
In April 1998 First Chicago NBD announced a $30 billion merger with Banc One Corporation of Columbus, Ohio. Bank One was also a leading issuer of credit cards through its First USA division. [3] [4] Following the merger, the company was renamed Bank One Corporation, headquartered in Chicago. The First Chicago and NBD names were retired in 1999.
Banc One Corp. First Chicago NBD: Bank One Corp. $30 billion JPMorgan Chase: 1998 Banc One Corp. First Commerce Corp. Bank One Corp. JPMorgan Chase: 1998 Travelers Group: Citicorp: Citigroup: $140 billion Citigroup: 1998 SunTrust Bank: Crestar Financial Corp. SunTrust Banks, Inc. Truist Financial: 1998 Washington Mutual: H.F. Ahmanson & Co ...
BMO Harris Bank (Chicago), a subsidiary of Montreal-based Bank of Montreal; Capital One (Rolling Meadows) (from Tysons Corner, Virginia, US) Experian (from Dublin, Ireland) Fitch Group (from New York, New York, US and London, UK) JPMorgan Chase (See: Bank One Corporation) (from New York, New York, US)
Bank One Corporation was formed with the 1998 merger of Banc One of Columbus, Ohio and First Chicago NBD. [48] This merger was considered a failure until Dimon took over and reformed the new firm's practices. Dimon effected changes to make Bank One Corporation a viable merger partner for JPMorgan Chase. [49]
Chase branches in the contiguous U.S. in 2020. The company also operates in Hawaii (not shown on the map).. JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank headquartered in New York City that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase.
The neo-classical Continental Illinois Bank Building at 231 South LaSalle Street in Chicago, Illinois. Continental Illinois can be traced back to two Chicago banks, the Commercial National Bank, founded during the American Civil War, and the Continental National Bank, founded in 1883. In 1910, the two banks merged to form the Continental ...