JPMorgan Chase vs Visa: Founders, CEOs and History
JPMorgan Chase was founded in 1799 by Aaron Burr, Alexander Hamilton, John Pierpont Morgan and is led by Jamie Dimon. Visa was founded in 1958 by Dee Hock and is led by Ryan McInerney.
Company facts
JPMorgan Chase
- Founded
- 1799
- Headquarters
- New York, New York
- Current CEO
- Jamie Dimon
- Employees
- 318,512
Visa
- Founded
- 1958
- Headquarters
- San Francisco, California
- Current CEO
- Ryan McInerney
- Employees
- 34,100
Founders
JPMorgan Chase
Aaron Burr
Aaron Burr, the New York lawyer and politician who later served as U.S. vice president, led the 1799 effort to charter the Manhattan Company.
Alexander Hamilton
Alexander Hamilton, the first U.S. Treasury Secretary, is linked to JPMorgan Chase's history through his involvement in the 1799 Manhattan Company charter effort alongside Aaron Burr.
John Pierpont Morgan
J. Pierpont Morgan co-founded Drexel, Morgan & Co. with Anthony Drexel in 1871, the partnership that became J.P. Morgan & Co. in 1895. The firm financed railroads and organized industrial combinations such as U.S. Steel in 1901.
Visa
Dee Hock
Dee Hock (1929-2022) was the founding CEO of National BankAmericard Inc., the bank-owned company that took over the BankAmericard licensing system from Bank of America in 1970 and adopted the Visa name in 1976.
CEOs and their tenures
JPMorgan Chase
- William B. Harrison Jr.2000–2005
Former Chairman and Chief Executive Officer
Harrison's tenure connects the creation of modern JPMorgan Chase with the leadership structure that followed. He oversaw the first stage of integrating Chase and Morgan, then added Bank One's consumer and middle-market operations.
Source - Jamie Dimon2006–present
Chairman and Chief Executive Officer
Dimon's tenure established the operating and risk framework associated with JPMorgan Chase's scale. The company combines Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management rather than relying on one earnings engine.
Source - Jeremy Barnum2021–present
Chief Financial Officer
He oversees capital, liquidity and financial reporting for a $4.9 trillion balance sheet.
Source - Doug Petno2026–present
Co-President and CEO, Commercial & Investment Bank
He oversees JPMorgan's largest segment by managed revenue, which produced $78.5 billion in FY2025.
Source - Troy Rohrbaugh2026–present
Co-President and CEO, Consumer & Community Banking
He now runs the Chase consumer franchise, which produced $76.0 billion of FY2025 managed revenue.
Source
Visa
- Alfred F. Kelly Jr.2016–2023
Chief Executive Officer
Serving as CEO from 2016 to 2023, he heavily modernized the massive legacy network, aggressively integrating fintechs and preparing the network to process highly complex cryptocurrency transactions.
Source - Ryan McInerney2023–present
Chief Executive Officer
McInerney joined Visa in 2013 as president after senior roles at JPMorgan Chase and became chief executive on February 1, 2023, succeeding Alfred F. Kelly Jr.
Source
Timeline: JPMorgan Chase and Visa side by side
1799JPMorgan Chase
Manhattan Company Chartered
Aaron Burr and Alexander Hamilton led the effort to obtain a New York charter for the Manhattan Company.
1871JPMorgan Chase
Drexel, Morgan & Co. Formed
J. Pierpont Morgan and Anthony Drexel formed Drexel, Morgan & Co. in New York. The partnership developed into J.P. Morgan & Co., creating the Morgan banking lineage that would remain separate from Chase until the companies combined in 2000.
1907JPMorgan Chase
Panic of 1907
During the Panic of 1907, J. Pierpont Morgan organized bankers and other private participants to support strained financial institutions. The episode became a defining part of the Morgan firm's history in an era before the Federal Reserve existed.
1955JPMorgan Chase
Chase Manhattan Created
The Bank of the Manhattan Company merged with Chase National Bank to form Chase Manhattan Bank. This combination joined the firm's oldest 1799 predecessor with the Chase name and created the institution that later merged with J.P. Morgan.
1958Visa
BankAmericard launched
Bank of America launched BankAmericard, the direct predecessor to Visa.
1976Visa
Visa name adopted
The network adopted the Visa name to support international acceptance and brand consistency.
2000JPMorgan Chase
Chase and J.P. Morgan Merge
Chase Manhattan and J.P. Morgan & Co. completed their merger, combining commercial and consumer banking with investment banking and institutional services. JPMorgan Chase identifies this transaction as the formation of the modern company.
2004JPMorgan Chase
Bank One Merger
JPMorgan Chase completed its $58.546 billion stock-for-stock merger with Bank One on July 1.
2006JPMorgan Chase
Jamie Dimon Becomes CEO
Jamie Dimon succeeded William B. Harrison Jr. as chief executive on January 1. Dimon had joined JPMorgan Chase as president and chief operating officer when the Bank One merger closed and became chairman one year after becoming CEO.
2008JPMorgan Chase
Bear Stearns Acquired
JPMorgan Chase completed its acquisition of Bear Stearns during the financial crisis.
2008JPMorgan Chase
Washington Mutual Operations Acquired
After Washington Mutual Bank entered FDIC receivership, JPMorgan Chase paid $1.9 billion to acquire its banking operations, including assets, deposits, and qualified financial contracts under the transaction terms.
2008Visa
Visa IPO
Visa became a public company, changing the economics from a bank association structure to a shareholder-owned company.
2016Visa
Alfred F. Kelly Jr. becomes CEO
Alfred F. Kelly Jr. became CEO of Visa in 2016. Chief executive of Visa from December 2016 to January 2023, when Ryan McInerney succeeded him; Kelly then served as executive chairman.
2020Visa
Acquired Plaid (abandoned)
Visa acquired Plaid (abandoned) for $5.3 billion. Visa agreed in January 2020 to buy US data-connectivity fintech Plaid for USD 5.3 billion.
2022Visa
Tink acquisition
Visa completed its purchase of Stockholm-based open banking platform Tink in March 2022.
2023JPMorgan Chase
First Republic Acquired from FDIC
JPMorgan Chase acquired the substantial majority of First Republic Bank's assets and assumed deposits and certain liabilities from the FDIC.
2023Visa
Ryan McInerney becomes CEO
Ryan McInerney became Visa's CEO after serving as president.
2025JPMorgan Chase
FY2025 Net Revenue of $182.447B
JPMorgan Chase reported U.S. GAAP total net revenue of $182.447 billion and net income of $57.048 billion. Its managed, fully taxable-equivalent segment presentation reported $185.581 billion of total net revenue across CCB, CIB, AWM, and Corporate.
2025Visa
Revenue reaches $40.0B
Visa reported $40.0 billion in fiscal 2025 net revenue.
2026JPMorgan Chase
Chase to Become Apple Card Issuer
On January 7, 2026 Apple and Chase announced that Chase will replace Goldman Sachs as Apple Card issuer over about 24 months.
2026JPMorgan Chase
Co-Presidents Named
Doug Petno and Troy Rohrbaugh were named co-presidents in June 2026, and Marianne Lake announced her retirement.
Acquisitions
JPMorgan Chase
- First Republic Bank2023$10.6B
- The Bear Stearns Companies Inc.2008$1.5B
- Washington Mutual banking operations2008$1.9B
- Bank One Corporation2004$58.5B
- J.P. Morgan & Co.2000Undisclosed
Questions about JPMorgan Chase vs Visa
Who is the CEO of JPMorgan Chase & Co. and Visa Inc.?
JPMorgan Chase & Co. is led by Jamie Dimon and Visa Inc. is led by Ryan McInerney. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was JPMorgan Chase & Co. founded vs Visa Inc.?
JPMorgan Chase & Co. was founded in 1799 — 159 years before Visa Inc., which was founded in 1958. JPMorgan Chase & Co.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Visa Inc..
How many employees does JPMorgan Chase & Co. have compared to Visa Inc.?
JPMorgan Chase & Co. employs approximately 318,512 people, while Visa Inc. employs approximately 34,100. JPMorgan Chase & Co. has the larger workforce at 318,512 employees, compared to Visa Inc.'s 34,100. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are JPMorgan Chase & Co. and Visa Inc. headquartered?
Both JPMorgan Chase & Co. and Visa Inc. are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded JPMorgan Chase & Co. and Visa Inc.?
JPMorgan Chase & Co. was founded by Aaron Burr, Alexander Hamilton, John Pierpont Morgan. Visa Inc. was founded by Dee Hock.
Which company has a longer operating history — JPMorgan Chase & Co. or Visa Inc.?
JPMorgan Chase & Co. has been operating for approximately 227 years, making it the more established of the two companies. Visa Inc. has been in operation for around 68 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the JPMorgan Chase vs Visa overview