ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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JP Morgan Chase
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State Street Bank and Trust Company
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Citigroup
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The Bank of New York Mellon
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Detailed explanation-1: -JPMorgan Chase Bank, N.A. and its affiliates (collectively “JPMCB") offer investment products, which may include bank-managed accounts and custody, as part of its trust and fiduciary services.
Detailed explanation-2: -In 2022, J.P. Morgan ranked in 280 sectors, achieving a top-3 ranking in 205 sectors across the 7 regional Equity Research surveys and the Global Fixed Income Research survey.
Detailed explanation-3: -And its website experience can compete with that of online-only banks. Chase ranked second in the 2022 J.D. Power U.S. National Banking Satisfaction Study. Chase has a good basic checking account but its savings rates are low, and some fees are high and hard to avoid.
Detailed explanation-4: -Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with $2.6 trillion in assets and operations worldwide.