What bank did Chase buy?
JPMorgan Chase has absorbed several major financial institutions over decades of consolidation to build its massive national banking empire. Beyond its historic crisis-era buyouts of Washington Mutual and Bear Stearns, Chase's corporate predecessor banks—such as Chase Manhattan Bank and J.P. Morgan & Co.—merged with Bank One Corporation. This massive merger brought prominent regional institutions like First Chicago NBD and One Bank under the Chase umbrella, instantly providing the institution with a dominant retail banking footprint across the Midwest alongside its traditional East Coast stronghold.
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