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For instance, in 2016, J.P. Morgan began requiring a minimum of $10 million in assets to qualify for private banking, with those with less being moved into their Private Client Direct program. [10] Nevertheless, this seems to be an exception as a majority of banks establish the minimum threshold between $500,000 and $1 million.
The J.P. Morgan Reserve Card was one of the first U.S. credit cards to adopt EMV smart chip technology. With its brass construction and palladium plating, the card weighs 1 ounce or 28.35 grams, five times the weight of a conventional plastic credit card and twice the weight of the titanium constructed American Express Centurion Card.
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APA was founded in New York in 1962 by former MCA executives David Baumgarten (c. 1917–1995), [3] Roger Vorce (1929–2018) [4] and Harvey Litwin (1931–2020). [5] Early clients included The Doors, Harry Belafonte, Johnny Cash, Tina Turner, Steve Martin, Janis Joplin, Jefferson Airplane, Rosemary Clooney, and Liberace.
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