JP Morgan is JPMorgan Chase, and Morgan Stanley is also known as Morgan Stanley. They are both well-known financial institutions in the United States. The former is a famous commercial bank and the latter is a famous investment bank.

JP Morgan (JP Morgan Chase), headquartered in New York, USA, with total assets of US$2.5 trillion, was formed in 2000 by the merger of Chase Manhattan Bank and J.P. Morgan Company. It is one of the largest financial services institutions in the United States. Its business covers more than 60 countries, including investment banking, financial transaction processing, investment management, commercial financial services, personal banking, etc.

Morgan Stanley, commonly known as "Morgan Stanley", is an international financial services company established in New York, USA. It provides a variety of financial services including securities, asset management, corporate mergers and reorganizations, and credit cards. It is the earliest One of the international investment banks developing in China.

Commercial banks, abbreviated as CB in English, are financial institutions with the purpose of making profits, raising funds from a variety of financial liabilities, operating a variety of financial assets, and having the function of creating credit.

(Representative commercial banks in the United States: Citigroup, JPMorgan Chase, Bank of America, Bank One, etc.)

Investment banks are a type of financial institution corresponding to commercial banks. Non-bank financial institutions engaged in securities issuance, underwriting, trading, corporate restructuring, mergers and acquisitions, investment analysis, venture capital, project financing and other businesses are major financial intermediaries in the capital market.

(The five largest investment banks in the United States: Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers, Bear Stearns)