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Business Changes and Developments
3 Months Ended
Mar. 31, 2015
Business Changes and Developments [Abstract]  
Business changes and developments
Business changes and developments
Business events and subsequent events
As part of the Firm’s business simplification agenda, the sale of a portion of the Private Equity Business (“Private Equity sale”) was completed on January 9, 2015.
Preferred stock issuances
During the three months ended March 31, 2015, the Firm issued $1.4 billion of noncumulative preferred stock, and on April 21, 2015, the Firm issued $2.0 billion of noncumulative preferred stock. For further information on the Firm’s preferred stock, see Note 22 of JPMorgan Chase’s 2014 Annual Report.