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EX-21.1 9 dex211.htm LIST OF SUBSIDIARIES OF JPMORGAN CHASE & CO.
Exhibit 21.1

JPMorgan Chase & Co.

List of subsidiaries



JPMorgan Chase had the following subsidiaries at December 31, 2007:



Name
Organized under

the laws of

Percentage of voting
securities owned by
immediate parent
Banc One Building Management Corporation

Wisconsin 100
Banc One Capital Holdings LLC

Delaware 100
BOCP Holdings Corporation

Ohio 100
Banc One Capital Partners IV, Ltd.

Ohio 100
Banc One Stonehenge Capital Fund Wisconsin, LLC

Delaware 100
BOCF, LLC

Delaware 80 (a)
BOCNY, LLC

Delaware 100
JPM Mezzanine Capital, LLC

Delaware 100
Chase Investment Services Corp.

Delaware 100
Banc One Deferred Benefits Corporation

Ohio 98
Banc One Financial LLC

Delaware 100
JPMorgan Capital Corporation

Delaware 100
Bank One Investment Corporation

Delaware 100
OEP Holding Corporation

Delaware 100
Banc One Equity Capital Fund II, L.L.C.

Delaware 99 .5
Banc One Equity Capital II, L.L.C.

Delaware 100
One Equity Partners II, L.P.

Cayman Islands 99 .9
One Equity Partners LLC

Delaware 99 .8
First Chicago Capital Corporation

Delaware 100
JPMorgan Capital (Canada) Corp.

Canada 100
One Mortgage Partners Corp.

Vermont 100
First Chicago Leasing Corporation

Delaware 100
First Chicago Lease Holdings, Inc.

Delaware 100
Palo Verde Leasing Corporation

Delaware 100
First Chicago Lease Investments, Inc.

Delaware 100
FM Holdings I, Inc.

Delaware 100
FM Holdings II, Inc.

Delaware 100
GHML Holdings I, Inc.

Delaware 100
GHML Holdings II, Inc.

Delaware 100
GTC Fund III Holdings, Inc.

Delaware 100
GTC Fund IV Holdings, Inc.

Delaware 100
GTC Fund V Holdings, Inc.

Delaware 100
JPMorgan Housing Corporation

Delaware 100
Cooper Project, L.L.C.

Delaware 100
J.P. Morgan Structured Fund Management SAS

France 100
JPMorgan Housing Upper Tier Limited Partnership 2

Ohio 100
JPMorgan Housing Upper Tier Limited Partnership 3

Delaware 100
NLTC Fund Holdings I, Inc.

Delaware 100
OX FCL Two, Inc.

Delaware 100
Protech Tax Credit Fund II, LLC

United States 100
SAHP 130 Holdings, Inc.

Delaware 100
Banc One Kentucky Insurance Company

Kentucky 100
Banc One Neighborhood Development Corporation

Ohio 100
BOI Leasing Corporation

Indiana 100
Bridge Acquisition Holdings, Inc.

Delaware 100
CCC Holding Inc.

Delaware 100
Chase Commercial Corporation

Delaware 100
Chase Capital Holding Corporation

Delaware 100
Chase Capital Corporation

Delaware 100
Chase Capital Credit Corporation

Delaware 100
Chase Lincoln First Commercial Corporation

Delaware 100
Chase Manhattan Realty Leasing Corporation

New York 100


200

Name
Organized under

the laws of

Percentage of voting
securities owned by
immediate parent
Palo Verde 1-PNM August 50 Corporation

Delaware 100
Palo Verde 1-PNM December 75 Corporation

Delaware 100
PV2-APS 150 Corporation

Delaware 100
PV2-PNM December 35 Corporation

Delaware 100
Chatham Ventures, Inc.

New York 100
J.P. Morgan Partners (BHCA) , L.P.

California 80 (b)
CVCA, LLC

California 100
Chemical Equity Incorporated

New York 100
Chemical Investments, Inc.

Delaware 100
Clintstone Properties Inc.

New York 100
CMRCC, Inc.

New York 100
Hambrecht & Quist California

California 100
H&Q Holdings Inc.

Delaware 100
Hatherley Insurance Ltd.

Bermuda 100
Homesales, Inc.

Delaware 100
J.P. Morgan Capital Financing Limited

England 100
Aldermanbury Investments Limited

England 100
J.P. Morgan Chase International Financing Limited

England 100
Robert Fleming Holdings Limited

England 100
Robert Fleming Investment Trust Limited

England 100
J.P. Morgan Chase Community Development Corporation

Delaware 100
J.P. Morgan Chase National Corporate Services, Inc.

New York 100
J.P. Morgan Corporate Services Limited

England 100
Robert Fleming Holdings Inc.

Delaware 100
J.P. Morgan Equity Holdings, Inc.

Delaware 100
CMC Holding Delaware Inc.

Delaware 100
Chase Bank USA, National Association

United States 100
Chase BankCard Services, Inc.

Delaware 100
Unicorn Financial Services, Inc.

Delaware 100
J.P. Morgan Investor Services Co.

Delaware 100
JPMorgan Insurance Agency, Inc.

Delaware 100
Chase Re Limited

Bermuda 100
J.P. Morgan Trust Company of Delaware

Delaware 100
J.P. Morgan Trust Company, National Association

United States 100
JPM Capital Corporation

Delaware 100
JPMC Wind Assignor Corporation

Delaware 100
JPMC Wind Investment LLC

Delaware 50 (c)
J.P. Morgan Funding Corp.

England 99 .99
J.P. Morgan Futures Inc.

Delaware 100
J.P. Morgan GT Corporation

Delaware 100
J.P. Morgan Insurance Holdings, L.L.C.

Arizona 100
Banc One Insurance Company

Vermont 100
Chase Insurance Agency, Inc.

Wisconsin 100
J.P. Morgan International Holdings LLC

Delaware 100
J.P. Morgan Trust Company (Bahamas) Limited

The Bahamas 100
J.P. Morgan Trust Company (Cayman) Limited

Cayman Islands 100
JPMAC Holdings Inc.

Delaware 100
J.P. Morgan Invest Holdings LLC

Delaware 100
J.P. Morgan Retirement Plan Services LLC

Delaware 100
J.P. Morgan Partners (23A Manager), Inc.

Delaware 100
J.P. Morgan Private Investments Inc.

Delaware 100
J.P. Morgan Services Asia Holdings, Inc.

Delaware 100
J.P. Morgan Services Asia Holdings Limited

Mauritius 100
J.P. Morgan Services India Private Limited

India 99 .99
J.P. Morgan Services Inc.

Delaware 100
J.P. Morgan Ventures Corporation

Delaware 100
J.P. Morgan Ventures Energy Corporation

Delaware 100
PropPartners Master Fund L.P.

Cayman Islands 75 (d)
JPM International Consumer Holding Inc.

Delaware 100
Brysam Global Partners, L.P.

Cayman Islands 98 .0392
Brysam BPO Ltd

Mauritius 100
Brysam Mexico II, LLC

Delaware 100
JPMorgan Asset Management Holdings Inc.

Delaware 100
Highbridge Capital Management, LLC

Delaware 55


201

Name
Organized under

the laws of

Percentage of voting
securities owned by
immediate parent
Highbridge Capital Administrators, LLC

Delaware 100
Highbridge Capital Management (Hong Kong), Limited

Hong Kong 100
Highbridge Capital Management (UK), Ltd.

England 100
J.P. Morgan Alternative Asset Management, Inc.

Delaware 100
J.P. Morgan Investment Management Inc.

Delaware 100
JPMorgan Asset Management (Asia) Inc.

Delaware 100
JF Asset Management (Singapore) Limited

Singapore 100
JF Asset Management Limited

Hong Kong 100
JF Funds Limited

Hong Kong 100
JF Asset Management (Taiwan) Limited

Taiwan, Republic of China 100
JPMorgan Asset Management (Korea) Company Limited

South Korea 100
JFAM Securities Taiwan Limited

Taiwan, Republic of China 100
JPMorgan Asset Management (Japan) Limited

Japan 100
JPMorgan Asset Management (Canada) Inc.

Canada 100
JPMorgan Asset Management International Limited

England 100
JPMorgan Asset Management Holdings (UK) Limited

England 100
JPMorgan Asset Management (UK) Limited

England 100
JPMorgan Asset Management Holdings (Luxembourg ) S.ΰ r.l.

Luxembourg 100
JPMorgan Asset Management (Europe) S.ΰ r.l.

Luxembourg 100
JPMorgan Asset Management Societa di Gestione del Risparmio SpA

Italy 99 .9
JPMorgan Asset Management Luxembourg S.A.

Luxembourg 99 .99
JPMorgan Asset Management Advisory Company S.ΰ r.l.

Luxembourg 99 .99
JPMorgan Asset Management Marketing Limited

England 100
JPMorgan Equity Plan Managers Limited

England 100
JPMorgan Funds Limited

Scotland 100
Save & Prosper Insurance Limited

England 100
Save & Prosper Pensions Limited

England 100
JPMorgan Investments Limited

England 100
JPMorgan Life Limited

England 100
JPMorgan LDHES LLC

Delaware 100
Security Capital Research & Management Incorporated

Delaware 100
JPMorgan Chase Bank, Dearborn

Michigan 100
JPMorgan Chase Bank, National Association

United States 100
Banc One Acceptance Corporation

Ohio 100
Banc One Arizona Leasing Corporation

Arizona 100
Banc One Building Corporation

Illinois 100
Banc One Community Development Corporation

Delaware 100
Banc One Equipment Finance, Inc.

Indiana 100
Banc One Kentucky Leasing Corporation

Kentucky 100
Banc One Kentucky Vehicle Leasing Company

Kentucky 100
Banc One National Processing Corporation

Delaware 100
Banc One Real Estate Investment Corp.

Delaware 100
Bank One Education Finance Corporation

Ohio 100
Bank One Equity Investors—BIDCO, Inc.

Louisiana 100
BOILL IHC, Inc.

Nevada 100
Chase BankCard LLC

Delaware 100
BONA Capital I, LLC

Delaware 100
BONA Capital II, LLC

Delaware 100
BOTAC, Inc.

Nevada 100
Cedar Hill International Corp.

Delaware 100
Chase Auto Finance Corp.

Delaware 100
Chase Community Development Corporation

Delaware 100
Chase Equipment Leasing Inc.

Ohio 100
Chase Funding Corporation

Delaware 100
Chase Home Finance Inc.

Delaware 100
Chase Home Finance LLC

Delaware 100
Chase Merchant Ventures, Inc.

Delaware 100
Chase Mortgage Holdings, Inc.

Delaware 100
Chase New Markets Corporation

Delaware 100
Chase Preferred Capital Corporation

Delaware 100
CPCC Delaware Statutory Trust

Delaware 100
CPCC Texas Limited Partnership

Texas 99 .5
CPCC Massachusetts Business Trust

Massachusetts 100
Chase Ventures Holdings, Inc.

New Jersey 100


202

Name
Organized under

the laws of

Percentage of voting
securities owned by
immediate parent
The Home Loan Group, L.P.

California 50
Cheshire Holding Corp.

Delaware 100
Collegiate Funding Services, Inc.

Delaware 100
Collegiate Funding Services, L.L.C.

Virginia 100
CFS Servicing, LLC

Delaware 100
Chase Student Loan Servicing, LLC

Delaware 100
Chase Student Loans, Inc.

Delaware 100
Collegiate Funding of Delaware, L.L.C.

Delaware 100
Collegiate Funding Services Education Loan Trust 2003A

Delaware 100
Collegiate Funding Services Education Loan Trust 2003B

Delaware 100
Collegiate Funding Services Education Loan Trust 2004A

Delaware 100
Collegiate Funding Services Education Loan Trust 2005A

Delaware 100
Collegiate Funding Services Education Loan Trust 2005B

Delaware 100
Collegiate Funding Originations, LLC

Delaware 100
Collegiate Funding Services Resources I, LLC

Delaware 100
Collegiate Funding Services Resources III, LLC

Delaware 100
Cross Country Insurance Company

Vermont 100
CSL Leasing, Inc.

Delaware 100
DNT Asset Trust

Delaware 100
Ventures Business Trust

Maryland 100
FC Energy Finance I, Inc.

Delaware 100
FC Energy Finance II, Inc.

Delaware 100
FNBC Leasing Corporation

Delaware 100
ICIB Fund I Holdings, Inc.

Delaware 100
Protech Tax Credit Fund III, LLC

United States 100
Genesis Holding Corporation

Delaware 100
Georgetown/Chase Phase I LLC

Delaware 99
Georgetown/Chase Phase II, LLC

Delaware 99
Harvest Opportunity Holdings Corp.

New York 100
J.P. Morgan Chase Custody Services, Inc.

Delaware 100
J.P. Morgan Electronic Financial Services, Inc.

New York 100
J.P. Morgan FCS Corporation

Texas 100
J.P. Morgan International Inc.

United States 100
Bank One International Holdings Corporation

United States 100
Bank One Europe Limited

England 100
J.P. Morgan International Finance Limited

United States 100
Banco J.P. Morgan S.A.

Brazil 99 .27
J.P. Morgan Corretora de Cambio e Valores Mobiliarios S.A.

Brazil 100
J.P. Morgan S.A. Distribuidora de Titulos e Valores Mobiliarios

Brazil 100
Bedford Holdings, Inc.

Delaware 100
BOL (C) II, Inc.

Delaware 100
BOL Canada II Sub, Inc.

Delaware 100
BOL Canada II Trust

Delaware 100
BO Leasing II ULC

Canada 100
BOL Canada I, Inc.

Delaware 100
BOL Canada I Sub, Inc.

Delaware 100
BO Leasing I ULC

Canada 100
BOL Canada III, Inc.

Delaware 100
BOL Canada III Sub, Inc.

Delaware 100
BO Leasing III ULC

Canada 100
Brysam Global Partners (AV-1), L.P.

Cayman Islands 98 .0392
AEF, LLC

Delaware 100
Apoyo Economico Familiar, S.A. de C.V.

Mexico 100
CB “J.P. Morgan Bank International” (LLC)

Russia 99
Chase Manhattan Holdings Limitada

Brazil 99 .99
Dearborn Merchant Services, Inc.

Canada 100
Inversiones Y Asesorias Chase Manhattan Limitada

Chile 99 .942
J.P. Morgan (Suisse) SA

Switzerland 100
J.P. Morgan Bank (Ireland) plc

Ireland 100
PMorgan Hedge Fund Services (Ireland) Limited

Ireland 100
J.P. Morgan Bank Canada

Canada 100
J.P. Morgan Bank Luxembourg S.A.

Luxembourg 99 .99
J.P. Morgan Beteiligungs-und Verwaltungsgesellschaft mbH

Germany 99 .8
J.P. Morgan AG

Germany 100


203

Name
Organized under

the laws of

Percentage of voting
securities owned by
immediate parent
J.P. Morgan Capital Holdings Limited

England 72 .73(e)
CaTO Finance II C.V.

Netherlands 98 .7925
CaTO Finance V Limited Partnership

United Kingdom 99
J.P. Morgan Chase (UK) Holdings Limited

England 100
J.P. Morgan Chase International Holdings

England 100
J.P. Morgan EU Holdings Limited

England 100
J.P. Morgan Equities Limited

South Africa 100
J.P. Morgan Europe Limited

England 100
Crosby Sterling (Holdings) Limited

England 79 (f)
J.P. Morgan Markets LLP

England 36 .02(g)
J.P. Morgan Chase Finance Limited

England 65 (h)
JPMorgan Cazenove Holdings

England 50 .01
J.P. Morgan Securities Ltd.

England 98 .947
Robert Fleming (Overseas) Number 2 Limited

England 100
J.P. Morgan plc

England 100
J.P. Morgan Trustee and Depositary Company Limited

England 100
J.P. Morgan Holdings B.V.

Netherlands 100
J.P. Morgan Chase Bank Berhad

Malaysia 100
J.P. Morgan Chile Limitada

Chile 99 .8
J.P. Morgan Funding South East Asia Private Limited

Singapore 100
J.P. Morgan (S.E.A.) Limited

Singapore 70 (i)
J.P. Morgan Grupo Financiero S.A. De C.V.

Mexico 99 .66
Banco J.P. Morgan S.A., Institucion


de Banca Multiple, J.P. Morgan Grupo Financiero

Mexico 99 .99
Banco J.P. Morgan Socio Liquidador

Mexico 100
J.P. Morgan Casa de Bolsa, S.A. de C.V., J.P. Morgan Grupo Financiero

Mexico 99 .99
J.P. Morgan Servicios, S.A. de C.V., J.P. Morgan Grupo Financiero

Mexico 99
J.P. Morgan Holdings (Hong Kong) Limited

Hong Kong 99 .8
Copthall Mauritius Investment Limited

Mauritius 100
J.P. Morgan Futures (Korea) Limited

South Korea 100
J.P. Morgan Securities (Far East) Limited

Hong Kong 100
J.P. Morgan Broking (Hong Kong) Limited

Hong Kong 100
J.P. Morgan International Derivatives Ltd.

Channel Islands 100
J.P. Morgan International Holdings Limited

Cayman Islands 100
J.P. Morgan India Securities Holdings Limited

Mauritius 100
J.P. Morgan India Private Limited

India 99 .99
J.P. Morgan Indonesia Holdings (B.V.I.) Limited

British Virgin Islands 100
J.P. Morgan Securities Singapore Private Limited

Singapore 100
J.P. Morgan Securities Thailand Holdings Limited

British Virgin Islands 100
PGW Limited

Thailand 100
JPMorgan Securities (Thailand) Limited

Thailand 50 .1(j)
Jadeling Malaysia Holdings Limited

British Virgin Islands 100
J.P. Morgan Services (Malaysia) Sdn. Bhd.

Malaysia 100
JPMorgan Securities (Malaysia) Sdn. Bhd.

Malaysia 100
Parkmix Limited

England 100
J.P. Morgan Investimentos e Financas Ltda.

Brazil 99 .79
J.P. Morgan Luxembourg International S.ΰ r.l.

Luxembourg 100
J.P. Morgan Malaysia Ltd.

Malaysia 100
J.P. Morgan Overseas Capital Corporation

Delaware 100
J.P. Morgan Australia Group Pty Limited

Australia 100
J.P. Morgan Operations Australia Limited

Australia 100
J.P. Morgan Administrative Services Australia Limited

Australia 100
J.P. Morgan Australia Limited

Australia 100
J.P. Morgan Global Capital Australia Limited

Australia 100
J.P. Morgan Financial Services New Zealand Limited

Australia 100
J.P. Morgan Nominees Australia Limited

Australia 100
J.P. Morgan Portfolio Services Limited

Australia 100
JFOM Pty Limited

Australia 100
OMG Australia Pty Limited

Australia 100
J.P. Morgan Limited

New Zealand 100
J.P. Morgan Securities New Zealand Limited

New Zealand 100
J.P. Morgan Securities Australia Limited

Australia 100
JPMorgan Investments Australia Limited

Australia 100


204

Name
Organized under

the laws of

Percentage of voting
securities owned by
immediate parent
J.P. Morgan Markets Australia Pty Limited

Australia 100
J.P. Morgan Espana S.A.

Spain 100
JPMorgan Gestion, Sociedad Gestora de Instituciones de Inversion Colectiva, S.A.

Spain 100
JPMorgan Sociedad de Valores, S.A.

Spain 80 .61(k)
J.P. Morgan International Bank Limited

England 100
J.P. Morgan Securities Canada Inc.

Canada 100
J.P. Morgan Whitefriars Inc.

Delaware 100
J.P. Morgan Whitefriars (UK)

England 99 .99
JPMorgan Corporacion Financiera S.A.

Colombia 90 (l)
Morgan Guaranty Trust Company Limited

England 100
PT J.P. Morgan Securities Indonesia

Indonesia 42 .5(m)
J.P. Morgan Pakistan Broking (Private) Limited

Pakistan 100
J.P. Morgan Partners (CMB Reg K GP), Inc.”

Delaware 100
J.P. Morgan Securities (C.I.) Limited

Channel Islands 100
J.P. Morgan (Jersey) Limited

Channel Islands 100
J.P. Morgan Securities (Taiwan) Limited

Taiwan, Republic of China 72 .3(n)
J.P. Morgan Securities Asia Private Limited

Singapore 100
J.P. Morgan Securities Holdings (Hong Kong) Limited

Hong Kong 86 .38(o)
J.P. Morgan Securities (Asia Pacific) Limited

Hong Kong 100
J.P. Morgan Securities Holdings (Caymans) Limited

Cayman Islands 100
J.P. Morgan Securities India Private Limited

India 89 .99(p)
J.P. Morgan Securities Philippines, Inc.

Philippines 100
J.P. Morgan Securities South Africa (Proprietary) Limited

South Africa 100
JPMorgan Administration Services (Proprietary) Limited

South Africa 100
J.P. Morgan Structured Products B.V.

Netherlands 100
J.P. Morgan Trust Company (Jersey) Limited

Channel Islands 100
JPMorgan Holdings (Japan) LLC

Delaware 100
JPMorgan Securities Japan Co., Ltd.

Japan 85 .04(q)
JPMorgan Trust Bank Limited

Japan 72 .16(r)
Norchem Holdings e Negocios S.A.

Brazil 48 .97(s)
NorChem Participacoes e Consultoria S.A.

Brazil 50
Sibelius Corporation

Delaware 100
J.P. Morgan Mortgage Acquisition Corp.

Delaware 100
J.P. Morgan Property Exchange Inc.

Delaware 100
J.P. Morgan Treasury Technologies Corporation

Delaware 100
JPMorgan Chase Bank (China) Company Limited

China, Peoples Republic of 100
JPMorgan Chase Vastera Inc.

Delaware 100
JPMorgan Chase Vastera Professional Services Inc.

Delaware 100
JPMorgan Investment Advisors Inc.

Ohio 100
JPMorgan Xign Corporation

Delaware 100
Kscott Holding Corp.

Delaware 100
Manufacturers Hanover Leasing International Corp.

Delaware 100
South Cutler Corporation

Delaware 100
Systems & Services Technologies, Inc.

Delaware 100
JPMorgan Chase Home Mortgage of the Southeast LLC

Delaware 100
JPMorgan Distribution Services, Inc.

Delaware 100
JPMorgan Funds Management, Inc.

Delaware 100
JPMorgan Securities Holdings LLC

Delaware 100
J.P. Morgan Commercial Mortgage Investment Corp.

Delaware 100
J.P. Morgan Institutional Investments Inc.

Delaware 100
J.P. Morgan Securities Inc.

Delaware 100
Neovest, Inc.

Utah 100
JPMorgan Special Situations Asia Corporation

Delaware 100
J.P. Morgan Investment Holdings II (Mauritius) Limited

Mauritius 67
JPMorgan Mauritius Holdings VI Limited

Mauritius 100
JPMorgan Mauritius Holdings II Limited

Mauritius 100
JPMorgan Special Situations (Mauritius) Limited

Mauritius 100
Silver Summit (Delaware) Corporation

Delaware 100
Magenta Magic Limited

British Virgin Islands 100
JPMP Capital Corp.

New York 100
J.P. Morgan Partners, LLC

Delaware 100
JPMP Capital, LLC

Delaware 100
J.P. Morgan Capital, L.P.

Delaware 99 .5


205

Name
Organized under

the laws of

Percentage of voting
securities owned by
immediate parent
J.P. Morgan Investment Holdings, LLC

Delaware 100
JPMCC Luxembourg Corporation

Luxembourg 100
J.P. Morgan Capital Luxembourg S.ΰ r.l.

Luxembourg 100
JPMCC Belgium S.P.R.L.

Belgium 100
JPMCC Belgium (SCA)

Belgium 100
J.P. Morgan Partnership Capital Corporation

Delaware 100
J.P. Morgan Partnership Investment Corporation

Delaware 100
J.P. Morgan Whitney Partnership Corporation

Delaware 100
Peabody Real Estate Partnership Corporation

Delaware 100
The Peabody Fund Consultants, Inc.

Delaware 100
JPMREP Holding Corporation

Delaware 100
JPMorgan Real Estate Partners, L.P.

Delaware 99 .9
PIM Commons, LLC

Delaware 100
PIM Winchester, LLC

Delaware 100
LabMorgan Corporation

Delaware 100
LabMorgan Investment Corporation

Delaware 100
MorServ, Inc.

Delaware 100
NBD Community Development Corporation

Michigan 100
Offshore Equities, Inc.

New York 100
Park Assurance Company

Vermont 100
Special Situations Investing Inc.

Delaware 100


(a) JPMorgan Capital Corporation owns 20%.
(b) JPMP Master Fund Manager, L.P. owns 20%.
(c) JPMC Wind Assignor Corporation owns 50%.
(d) J.P. Morgan Ventures Investment Corporation owns 0.01%.
(e) J.P. Morgan Overseas Capital Corporation owns 27.27%.
(f) J.P. Morgan Chase International Holdings owns 21%.
(g) J.P. Morgan Securities Ltd., J.P. Morgan Whitefriars (UK), and J.P. Morgan plc own 27.29%, 9.62% and 27.07%, respectively.
(h) J.P. Morgan Securities Ltd. owns 35%.
(i) J.P. Morgan International Finance Limited owns 30%.
(j) J.P. Morgan International Finance Limited and J.P. Morgan International Holdings Limited own 30.28% and 19.61%, respectively.
(k) J.P. Morgan Chase International Holdings owns 19.39%.
(l) J.P. Morgan International Finance Limited owns 10%.
(m) J.P. Morgan Indonesia Holdings (B.V.I.) Limited and J.P. Morgan Securities Asia Private Limited own 42.5% and 13.75%, respectively.
(n) J.P. Morgan International Holdings Limited owns 27.7%.
(o) JPMorgan Securities Japan Co., Ltd. and J.P. Morgan Securities (Far East) Limited own 10.77% and 2.85%, respectively.
(p) J.P. Morgan Overseas Capital Corporation owns 10.01%.
(q) J.P. Morgan Luxembourg International S.ΰ r.l. owns 14.96%.
(r) J.P. Morgan Chase International Holdings owns 27.84%.
(s) Chase Manhattan Holdings Limitada owns 29.27%.


206

https://www.sec.gov/Archives/edgar/data/19617/000119312508043536/dex211.htm

 

J.P. Morgan AG is an integral component of the worldwide J.P.
Morgan Group and constitutes the core of group activities in
Germany. As a result of the Group-wide Brexit strategy, J.P.
Morgan AG is now one of the two strategic group companies
for customers in the EU, alongside with J.P. Morgan Bank
Luxembourg S.A. For J.P. Morgan AG it is most important that
the Bank is fully embedded in the various business areas of
the Corporate & Investment Bank of the Group, since it is only
thanks to the international network of our customer-oriented
services that we are able to live up to the Mission of the J.P.
Morgan Group “First class business in a first-class way”. In
addition to the core business areas of the previous year, as the
Group’s central bank for Euro payment transactions as well
as acting as depositary and global custodian for the German
investment market, in 2019 J.P. Morgan AG further expanded
its core activities in the Markets business....

For the full 2019 financial year, J.P. Morgan AG made a
contribution to the JPM Group-wide “Legal Entity Simplification
Strategy”, by merging Whiteshire Debt Solutions GmbH (WDS)
into J.P. Morgan AG. The merger was registered on December
11, 2019 in the Commercial Register B of the Frankfurt am
Main District Court. The purchase price, which was paid to the
parent company of WDS, Blackshire Holding Inc., a company
incorporated under the law of the Federal State of Delaware,
USA, was € 1.6 million. The purchase price was derived using
a net asset value calculation. WDS had neither an active business
operation nor any active employees. Assets and liabilities
were transferred at their book value.

https://www.jpmorgan.com/content/dam/jpm/global/disclosures/de/english-version-of-disclosures/2019-annual-report-english.pdf


EX-21.1 6 y83354exv21w1.htm LIST OF SUBSIDIARIES

Exhibit 21.1
J.P. Morgan Chase & Co.

List of subsidiaries

JPMorgan Chase has the following subsidiaries:


Percentage of voting
Organized under securities owned by
Name the laws of immediate parent


Bridge Acquisition Holdings, Inc.
Delaware 100.00
Brown & Company Securities Corporation
Massachusetts 100.00

• Brown Direct, Inc.
California 100.00
Capital Markets Transactions, Inc.
Delaware 100.00
CCC Holding, Inc.
Delaware 100.00

• Chase Commercial Corporation
Delaware 100.00
Chase Capital I
Delaware 100.00
Chase Capital II
Delaware 100.00
Chase Capital III
Delaware 100.00
Chase Capital IV
Delaware 100.00
Chase Capital V
Delaware 100.00
Chase Capital VI
Delaware 100.00
Chase Capital VII
Delaware 100.00
Chase Capital VIII
Delaware 100.00
Chase Cardholder Services, Inc.
Delaware 100.00
Chase Home Mortgage Corporation of the Southeast
Florida 100.00
Chase Lincoln First Commercial Corporation
Delaware 100.00
Manhattan Realty Leasing Corporation
New York 100.00

• Palo Verde 1-PNM December 75 Corporation
Delaware 100.00

• Palo Verde 1-PNM August 50 Corporation
Delaware 100.00

• PV2-PNM December 35 Corporation
Delaware 100.00

• PV2-APS 150 Corporation
Delaware 100.00
Chatham Ventures, Inc.
New York 100.00

• J.P. Morgan Partners (SBIC), LLC
California 80.00
Chemical Equity Incorporated
New York 100.00
Chemical Investments, Inc.
Delaware 100.00
Chemical New York, N.V.
Netherland Antilles 100.00
Clintstone Properties Inc.
New York 100.00
CMRCC, Inc.
New York 100.00
Corsair, Inc.
Delaware 100.00
Hambrecht & Quist Group
Delaware 100.00

• Hambrecht & Quist California
California 100.00

– Hambrecht & Quist Guaranty Finance, LLC
California 99.00
Hatherly Insurance Ltd.
Bermuda 100.00
JPM Capital Trust I
Delaware 100.00
JPM Capital Trust II
Delaware 100.00
JPMP Capital Corp.
New York 100.00

• J.P. Morgan Partners, LLC
Delaware 100.00
JPMP Management Corp.
New York 100.00
J.P. Morgan Advisors Inc.
Delaware 100.00
J.P. Morgan Advisory Services Inc.
Delaware 100.00
J.P. Morgan Business Credit Corp.
Delaware 100.00
JPMP Capital, LLC
Delaware 100.00

• J.P. Morgan Capital, L.P.
New York 99.50

– J.P. Morgan Capital Luxembourg S.a.r.l.
Luxembourg 100.00

• J.P. Morgan Funds Bahamas Ltd.
Bahamas 100.00

• J.P. Morgan Investment Corporation
Delaware 100.00

• J.P. Morgan Partners Australia Pty Limited
Australia 100.00

• J.P. Morgan Partnership Capital Corporation
Delaware 100.00
J.P. Morgan Capital Financing Limited
England 100.00

• Chase Equities Limited
England 100.00

• JF Group Limited
Bermuda 100.00
138



Percentage of voting
Organized under securities owned by
Name the laws of immediate parent

– J.P. Morgan Chase International Financing Limited
England 100.00
J.P. Morgan Chase Capital IX
Delaware 100.00
J.P. Morgan Chase Capital X
Delaware 100.00
J.P. Morgan Chase National Corporate Services, Inc.
New York 100.00
J.P. Morgan Chase Realty Corporation
New York 100.00
J.P. Morgan Chase Community Development Corporation
Delaware 100.00
J.P. Morgan Equity Holdings, Inc.
Delaware 100.00

• CBD Holdings, Ltd.
Delaware 100.00

– Chase Life & Annuity Co.
Ohio 100.00

– Chase Life & Annuity Company of New York
New York 100.00

– Great Lakes Insurance Company
Delaware 100.00

– Sun States Life Insurance Company
Delaware 100.00

– Western Hemisphere Life Insurance Company
Delaware 100.00

• CMC Holding Delaware Inc.
Delaware 100.00

– A.S. Holding Corporation
Delaware 100.00

– Chase Manhattan Bank USA, National Association
United States 100.00

– Card Acquisition Funding LLC
Delaware 100.00

– Chase BankCard Services, Inc.
Delaware 100.00

– Chase Data Services Corporation
Delaware 100.00

– Chase Insurance Agency, Inc.
Delaware 100.00

– Cross Country Insurance Company
Vermont 100.00

– J.P. Morgan Investor Services Co.
Massachusetts 100.00

– Chase Re Limited
Bermuda 100.00

– J.P. Morgan Trust Company, National Association
United States 100.00

– J.P. Morgan Trust Company of Delaware
Delaware 100.00

• J.P. Morgan Personal Wealth Management, Inc.
New York 100.00

• Texas Commerce Operating Services, Inc.
Delaware 100.00

– Texas Commerce Shareholders Company
Texas 100.00

– J.P. Morgan Securities of Texas, Inc.
Delaware 100.00
J.P. Morgan Fleming Asset Management Holdings Inc.
Delaware 100.00

• J.P. Morgan Fleming Asset Management (Asia) Inc.
Delaware 100.00

– JF Asset Management International Limited
British Virgin Islands 100.00

– JF Asset Management Limited
Hong Kong 100.00

– JF Funds Limited
Hong Kong 100.00

– JF Asset Management (Taiwan) Limited
Taiwan 99.90

– J.P. Morgan Fleming Asset Management (Japan) Limited
Japan 100.00

• J.P. Morgan Strategic UK Limited
England 100.00

• Robert Fleming Holdings Limited
England 100.00

– Copthall Overseas Limited
England 100.00

– Copthall Overseas (Number 2) Limited
England 100.00

– Robert Fleming (Jersey) Limited
Channel Islands 100.00

– Fledgeling Nominees International Limited
Cayman Islands 100.00

– J.P. Morgan Fleming Asset Management (Schweiz) AG
Switzerland 100.00

– Robert Fleming (Luxembourg) Sarl
Luxembourg 100.00

– J.P. Morgan Fleming Societa di Intermediazione Mobiliare S.p.A.
Italy 100.00

– J.P. Morgan Fleming Asset Management (Europe) S.a.r.l.
Luxembourg 100.00

– J.P. Morgan Fleming Asset Management (France) SA
France 100.00

– Robert Fleming Holdings Inc.
Delaware 100.00

– Robert Fleming (Overseas) Number 3 Limited
England 100.00

– Robert Fleming (Luxembourg)(Joint Ventures) Sarl
Luxembourg 100.00

– Fleming Flagship Advisory Company Sarl
Luxembourg 100.00

– J.P. Morgan Fleming Marketing Limited
England 86.93

– Robert Fleming Asset Management Limited
England 100.00

– Chase Fleming Private Wealth Management Limited
England 100.00

– Robert Fleming Investment Trust Limited
England 100.00
J.P. Morgan Financial Investments Limited
England 100.00
J.P. Morgan Fleming Investment GmbH
Germany 100.00
J.P. Morgan Funding Corp.
England 100.00

• J.P. Morgan Fleming Life Limited
England 100.00
J.P. Morgan Futures Inc.
Delaware 100.00

• J.P. Morgan Futures Hong Kong Limited
Hong Kong 100.00
139



Percentage of voting
Organized under securities owned by
Name the laws of immediate parent
J.P. Morgan GT Corporation
Delaware 100.00
J.P. Morgan International Holdings Corp.
Delaware 100.00

• J.P. Morgan Trust Company (New Zealand) Limited
New Zealand 100.00

• JPMAC Holdings Inc.
Delaware 100.00
J.P. Morgan Investment Management Inc.
Delaware 100.00

• J.P. Morgan Investment Management Limited
England 100.00
J.P. Morgan Leasefunding Corp.
Delaware 100.00
J.P. Morgan Private Investments Inc.
Delaware 100.00
J.P. Morgan Securities Holdings Inc.
Delaware 100.00

• J.P. Morgan Residential Mortgage Acceptance Corp.
Delaware 100.00

• Structured Obligations Corporation
Delaware 100.00

• J.P. Morgan Securities Inc.
Delaware 100.00
J.P. Morgan Services Inc.
Delaware 100.00
J.P. Morgan Ventures Corporation
Delaware 100.00

• DNT Asset Trust
Maryland 100.00

– Ventures Business Trust
Maryland 100.00

• J.P. Morgan Ventures Energy Corporation
Delaware 100.00

• J.P. Morgan Ventures Investment Corp.
New York 100.00
J.P. Morgan Whitney Partnership Corporation
Delaware 100.00
LabMorgan Corporation
Delaware 100.00
J.P. Morgan Trust Company (Bahamas) Limited
Bahamas 100.00
LabMorgan International Ltd.
Cayman Islands 100.00
Morgan Fonciere Cayman Islands Ltd.
Cayman Islands 100.00
MorServ, Inc.
Delaware 100.00
Offshore Equities, Inc.
New York 100.00
Peabody Real Estate Partnership Corporation
New York 100.00
Robert Fleming Inc.
Delaware 100.00
Support Development Corporation
Delaware 100.00


JPMorgan Chase Bank
New York 100.00

• Cedar Hill International Corp.
Delaware 100.00

• Chase Access Services Corporation
Delaware 100.00

• Chase Bank International
United States 100.00

• Chase Bankruptcy Information Systems, Inc.
Delaware 100.00

• Chase Community Development Corporation
Delaware 100.00

• Chase Education Holdings, Inc.
Delaware 100.00

• Chase Funding Corporation
New York 100.00

• Chase Investment Services Corp.
Delaware 100.00

• Chase Manhattan Automotive Finance Corporation
Delaware 100.00

• Chase Merchant Ventures, Inc.
Delaware 100.00

– Chase Merchant Services, LLC
Delaware 50.00

• Chase Mortgage Company
Ohio 100.00

– Chase Mortgage Company-West
Colorado 100.00

• Chase Mortgage Holdings, Inc.
Delaware 100.00

• Chase Preferred Capital Corporation
Delaware 100.00

• Chase SPV Corporation
Delaware 100.00

• Chem Network Processing Services, Inc.
New Jersey 100.00

• Colson Services Corp.
Delaware 100.00

• CSL Leasing Inc.
Delaware 100.00

• Flagstaff Capital Corporation
Delaware 100.00

• Gemini Holding, LLC
Delaware 100.00

– Libra Funding, LLC
New York 85.00

• Harvest Opportunity Holdings Corp.
New York 100.00

• Independence Park Building Inc.
Delaware 100.00

• JPMP Harvest Investors, L.P.
Delaware 100.00

• J.P. Morgan Alternative Asset Management, Inc.
New York 100.00

• J.P. Morgan Benelux Funding Inc.
Delaware 100.00

• J.P. Morgan Chase Commercial Mortgage Securities Corp.
Delaware 100.00

• J.P. Morgan Fleming Asset Management (USA) Inc.
Delaware 100.00
140



Percentage of voting
Organized under securities owned by
Name the laws of immediate parent

• J.P. Morgan Holding Deutschland GmbH
Germany 100.00

• J.P. Morgan International Inc.
United States 100.00

– J.P. Morgan International Finance Limited
United States 100.00

– Banco J.P. Morgan S.A.
Mexico 100.00

– Chase Manhattan S.A. Distribuidora de Titulos e Valores Mobiliarios
Brazil 100.00

– J.P. Morgan SA Correctora de Cambio e Valores Mobiliarios
Brazil 100.00

– Chase Investment Holdings (Venezuela) Inc.
Delaware 100.00

– J.P. Morgan Inversora, C.A.
Venezuela 100.00

– Chase Manhattan Holdings Limitada
Brazil 100.00

– Chase Manhattan Trust Cayman Ltd.
Cayman Islands 100.00

– J.P. Morgan Securities (C.I.) Limited
Channel Islands 100.00

– J.P. Morgan (Jersey) Limited
Channel Islands 100.00

– J.P. Morgan Holdings Australia Limited
Australia 100.00

– Chase Manhattan New Zealand Limited
Australia 100.00

– J.P. Morgan Australia Limited
Australia 100.00

– J.P. Morgan Nominees Australia Limited
Australia 100.00

– J.P. Morgan Portfolio Services Limited
Australia 100.00

– JFOM Pty Limited
Australia 100.00

– J.P. Morgan Bank, S.A.
Spain 100.00

– J.P. Morgan & Cie S.A.
France 100.00

– J.P. Morgan AG
Germany 100.00

– J.P. Morgan Bank (Ireland) plc
Ireland 100.00

– J.P. Morgan Bank International
Russia 100.00

– J.P. Morgan Bank Luxembourg, S.A.
Luxembourg 99.99 (1)

– J.P. Morgan Bank Venezuela C.A.
Venezuela 100.00

– J.P. Morgan Capital Holdings Limited
England 100.00

– J.P. Morgan Chase (UK) Holdings Limited
England 100.00

– J.P. Morgan Chase International Holdings Limited
England 100.00

– Crosby Sterling (Holdings) Limited
England 100.00

– J.P. Morgan EU Holdings Limited
England 100.00

– Stone Investments (Number 4) Limited
England 100.00

– J.P. Morgan Europe Limited
England 100.00

– J.P. Morgan Holdings (UK) Limited
England 100.00

– J.P. Morgan Securities Ltd.
England 100.00

– Robert Fleming (Overseas) Number 2 Limited
England 100.00

– J.P. Morgan Fleming Asset Management (London) Limited
England 100.00

– J.P. Morgan plc
England 100.00

– Crosby Sterling Limited
England 100.00

– J.P. Morgan Trustee and Depositary Company Limited
England 100.00

– J.P. Morgan Luxembourg International Sarl
Luxembourg 100.00

– J.P. Morgan Cayman Limited
Cayman Islands 100.00

– J.P. Morgan Chase Bank Berhad
Malaysia 100.00

– J.P. Morgan Fonds (Luxembourg) S.A.
Luxembourg 100.00

– J.P. Morgan Funding South East Asia Private Limited
Singapore 100.00

– J.P. Morgan Grupo Financiero S.A. De C.V.
Mexico 100.00

– Banco J.P. Morgan S.A., Institucion de Banca Multiple, J.P. Morgan Grupo Financiero
Mexico 99.99

– J.P. Morgan Casa de Bolsa, S.A. de C.V., J.P. Morgan Grupo Financiero
Mexico 100.00

– J.P. Morgan International Derivatives Ltd.
Channel Islands 100.00

– J.P. Morgan Investimentos e Financas Ltda.
Brazil 100.00

– J.P. Morgan Japanese Investor Fund Services S.A.
Luxembourg 100.00

– J.P. Morgan Leasing GmbH
Germany 100.00

– J.P. Morgan Malaysia Ltd.
Malaysia 100.00

– J.P. Morgan Overseas Capital Corporation
Delaware 100.00

– J.P. Morgan Australia Holdings Limited
Australia 100.00

– J.P. Morgan Markets Australia Pty Limited
Australia 100.00

– J.P. Morgan Australia Securities Limited
Australia 100.00

– J.P. Morgan Canada
Canada 100.00
141



Percentage of voting
Organized under securities owned by
Name the laws of immediate parent

– J.P. Morgan Espana S.A.
Spain 100.00

– J.P. Morgan Sociedad de Valores, S.A.
Spain 100.00

– Morgan Gestion, S.A. Sociedad Gestora de Instituciones de Inversion
Colectiva
Spain 100.00

– J.P. Morgan International Bank Limited
England 100.00

– J.P. Morgan Securities Canada Inc.
Canada 100.00

– J.P. Morgan Whitefriars Inc.
Delaware 100.00

– J.P. Morgan Whitefriars (U.K.)
England 100.00

– J.P. Morgan Partners (CMB Reg K GP), Inc.
Delaware 100.00

– J.P. Morgan (Suisse) S.A.
Switzerland 100.00

– J.P. Morgan Scotland (Services) Ltd.
England 100.00

– J.P. Morgan (S.E.A.) Limited
Singapore 100.00

– Ark Owner Trust Pte. Ltd.
Singapore 100.00

– J.P. Morgan Securities Asia Private Limited
Singapore 100.00

– J.P. Morgan Securities Holdings (Hong Kong) Limited
Hong Kong 88.91 (2)

– J.P. Morgan Securities (Asia Pacific) Limited
Hong Kong 100.00

– J.P. Morgan Securities Holdings (Caymans) Limited
Cayman Islands 100.00

– J.P. Morgan Securities India Private Limited
India 100.00

– J.P. Morgan Securities South Africa (Proprietary) Limited
South Africa 100.00

– J.P. Morgan Services Japan Ltd.
Delaware 100.00

– J.P. Morgan Trust Bank Ltd.
Japan 72.16 (3)

– J.P. Morgan Trust Company (Jersey) Limited
Channel Islands 100.00

– Inversiones y Asesorias Chase Manhattan Limitada
Chile 100.00

– J.P. Morgan Holdings (Hong Kong) Limited
Hong Kong 100.00

– Copthall Mauritius Investment Limited
Mauritius 100.00

– J.P. Morgan Securities (Far East) Limited
Hong Kong 100.00

– J.P. Morgan Broking (Hong Kong) Limited
Hong Kong 100.00

– J.P. Morgan Futures (Korea) Limited
South Korea 80.00

– Jardine Fleming International Holdings Limited
Cayman Islands 100.00

– Jardine Fleming (Antilles) N.V.
Netherlands Antilles 100.00

– Jardine Fleming India Holdings Limited
Mauritius 100.00

– J.P. Morgan India Private Limited
India 100.00

– Jardine Fleming International Futures Limited
British Virgin Islands 100.00

– Jardine Fleming Malaysia Holdings Limited
British Virgin Islands 100.00

– J.P. Morgan Services (Malaysia) Sdn. Bnd.
Malaysia 100.00

– Jardine Fleming Securities (Asia) Limited
Bermuda 100.00

– J.P. Morgan Securities Singapore Private Limited
Singapore 100.00

– J.P. Morgan Securities (Taiwan) Limited
Taiwan 72.45 (4)

– JF Investment Management (China) Limited
British Virgin Islands 100.00

– Morgan Guaranty International Bank
Delaware 100.00

– Norchem Holdings e Negocios, S.A.
Brazil 49.00

– Norchem Leasing S.A. Arrendamento Mercantil
Brazil 50.00

– Nottingham Holdings, Inc.
New York 100.00

– Robert Fleming Equity (Bermuda) Limited
Bermuda 100.00

• J.P. Morgan Leasing Inc.
New York 100.00

• J.P. Morgan Mortgage Capital Inc.
Delaware 100.00

• J.P. Morgan Partners (23A SBIC Manager), Inc.
Delaware 100.00

• J.P. Morgan Treasury Technologies Corporation
Delaware 100.00

• Manufacturers Hanover Leasing International Corp.
Delaware 100.00

– Chase Leasing of Texas, Inc.
Delaware 100.00

• Margaretten Financial Corporation
Delaware 100.00

– Chase Manhattan Mortgage Corporation
New Jersey 100.00

– Chase Ventures Holdings, Inc.
New Jersey 100.00

• Overseas Realty Corp.
New York 100.00

• Plexus Group, Inc.
California 100.00

• Scorpio Holding, LLC
New York 100.00

• Systems & Services Technologies, Inc.
Delaware 100.00
1. Chase Manhattan Overseas Finance Corporation owns 0.01%.

2. J.P. Morgan Securities Asia Private Limited owns 11.09%.

3. J.P. Morgan & Cie S.A. owns preferred shares carrying 27.84% voting power.

4. JF Securities Overseas Limited and Robert Fleming Investment Trust Limited each own 10%.

* Certain intermediary subsidiaries may be omitted in the ownership chain because the listed subsidiary holds significant assets, but the intermediary subsidiaries do not.
142 https://www.sec.gov/Archives/edgar/data/19617/000095012303002985/y83354exv21w1.htm

EX-21 4 corp10k2020exhibit21.htm EX-21

Exhibit 21
JPMorgan Chase & Co.

List of subsidiaries
While there are a number of subsidiaries that are required to be reported for various purposes to bank regulators, the following is a list of JPMorgan Chase & Co.’s significant legal entity subsidiaries as of December 31, 2020, as defined by SEC rules. The list includes the parent company of significant subsidiaries even if the parent company did not meet the definition of a significant subsidiary. Excluded from the list are subsidiaries that, if considered in the aggregate, would not constitute a significant subsidiary under SEC rules as of December 31, 2020.
Also included in the list are certain subsidiaries that have been designated as material legal entities for resolution planning purposes under the Dodd-Frank Act that did not meet the definition of a significant subsidiary under SEC rules.
December 31, 2020
Name Organized Under
The Laws Of
JPMorgan Chase Bank, National Association United States
Paymentech, LLC United States
J.P. Morgan International Finance Limited United States
J.P. Morgan Bank Luxembourg S.A. Luxembourg
JPMorgan Securities Japan Co., Ltd. Japan
J.P. Morgan Capital Holdings Limited United Kingdom
J.P. Morgan Securities PLC United Kingdom
J.P. Morgan AG Germany
JPMorgan Chase Holdings LLC United States
J.P. Morgan Services India Private Limited India
JPMorgan Asset Management Holdings Inc. United States
JPMorgan Distribution Services, Inc. United States
JPMorgan Asset Management International Limited United Kingdom
JPMorgan Asset Management (UK) Limited United Kingdom
JPMorgan Asset Management Holdings (Luxembourg) S.ΰ r.l. Luxembourg
JPMorgan Asset Management (Europe) S.ΰ r.l. Luxembourg
J.P. Morgan Investment Management Inc. United States
J.P. Morgan Broker-Dealer Holdings Inc. United States
J.P. Morgan Securities LLC United States

https://www.sec.gov/Archives/edgar/data/19617/000001961721000236/corp10k2020exhibit21.htm