... Quoting: Anonymous Coward 76648271
Utter tripe. The bankers are the controllers.
Bankers only represent interests ... they manage other people's assets.
The Top 5 JP Morgan Shareholders (JPM)
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The Vanguard Group, Inc. is JP Morgan's largest shareholder as of July 2018, with 7.42% of total outstanding shares. Vanguard is one of the largest investment management companies in the world, and it manages hundreds of mutual funds and ETFs. As of January 31, 2018, Vanguard had more than $5.1 trillion in assets under management (AUM) and serviced more than 20 million investors. The Vanguard Total Stock Market Index Fund was the largest holder of JP Morgan shares within the company, with 2.54% of total outstanding shares. BlackRock
As of July 2018, BlackRock owns 228.1 million shares of JP Morgan, making up about 6.7% of all outstanding shares. BlackRock, which was founded in 1988 by Laurence D. Fink, is one of the largest asset managers in the world with $6.28 trillion in assets under management as of December 2017. State Street
State Street Corporation owns 4.62% of JP Morgan's total outstanding stock as of July 2018, making it the third-largest holder. State Street is a large financial services firm with nearly $2.8 trillion assets in AUM, as reported at the end of 2017. The company offers investment management, trading, research and related services, with mutual funds and ETFs among the firm's products. FMR
FMR LLC, or Fidelity Management and Research, owns 2.48% of JP Morgan's total shares as of July 2018, making it the fourth-largest holder. FMR is a large financial services firm that offers brokerage, trade execution and investment management services, including mutual funds. As of March 2018, FMR had global AUM of $2.5 trillion.T. Rowe Price Associates
T. Rowe Price Associates is a financial services company that provides asset management services and products, including mutual funds, ETFs and retirement savings vehicles. The institution has $1.01 trillion in assets under management, as of March 31, 2018. This accounts for 2.14% of JP Morgan's total outstanding shares as of July 2018.Largest Individual Holders
James Crown is the president of a private investment firm, Henry Crown and Company, and is also a director on the board of JP Morgan. According to a February 28, 2018 SEC filing, Crown is the largest indirect individual shareholder of JP Morgan with over 12.4 million shares. A majority of Crown's shares belong to his investment firm, owned by his spouse, or held in trusts for his children. The second-largest indirect individual shareholder of JP Morgan is James Dimon, the chairman, president, and CEO of JP Morgan. He has been the CEO since 2005 and the chairman since 2006. According to a February 28, 2018 SEC filing, Dimon beneficially owns 8.9 million shares of the company. Of the 8.9 million shares, Dimon owns 7.4 million shares in common stock while the remaining 1.5 million shares are held within trusts or owned by his spouse.