JPMorgan Takes Over Bank One Corp | On This Day

Let's take a look back at this day in history, the day when the star was born. January 14th, 2004. That was when JPMorgan Chase said it would buy smaller rival Bank One Corp. for more than $50 billion. The deal gave J.P. Morgan access to Bank once $290,000,000 billion of assets. 7 million retail customers and 500,000 small business clients. But the biggest prize would be the onboarding of a 40 something Wall Street wonder kid named Jamie Dimon.