Business and Financial markets
“Case Study – J.P.Morgan Chase & Co.”
Student Name: Gangadharan Renganthan
Student Id : 1229047
Table of Contents
History of J.P.Morgan Chase & Co.: 3
Key Moments in J.P.Morgan Chase & Co. History: 3
Current Problems: 4
Important of the Analysis: 6
Different Approaches to dealing with the problem: 7
A change in focus for banks: 7
A change in focus for regulators: 7
Financial Summary Indicators: 8
JPMorgan Chase & Co. (JPM)-NYSE: 8
J.P.Morgan Chase & Co. is a financial company which is an American multinational banking ...view middle of the document...
In the U.S Market, J.P.Morgan has holding a separate position for them for over 160 years. It is the very oldest bank but they are upgrading themselves to strengthen their position in the today’s market. The J.P.Morgan Chase & Co. is currently operating six major business area of proficiency. Those areas’s are:
1. Asset Management.
2. Investment Bank.
3. Securities Services.
4. Commercial Bank.
5. Private Bank.
6. Treasury Services.
History of J.P.Morgan Chase & Co.:
J.P.Morgan Chase & Co. is one of the largest, oldest and well-known financial firms in the world. The J.P.Morgan legacy was started from the year of 1799 and it was initially started at the place of New York City. This firm is build on the basis of more than 1200 ancestor institutions. The major process of the J.P.Morgan, chase Manhattan was doing the chemical manufacturers Hanover in the New York City and bank one, First Chicago and national Bank of Detroit in the Midwest were each strongly attached. In that the J.P.Morgan create the innovation in the field of finance and the growth of the United States and also in the global markets and the global economics. J.P.Morgan Chase & Co. is also made the significant contribution in the local communities in the today’s market.
Key Moments in J.P.Morgan Chase & Co. History:
Year 2010: J.P.Morgan Cazenove became the completely owned part of the J.P.Morgan. They became operated as a joint venture between J.P.Morgan and the U.K. Investment Bank Cazenove.
Year 2008: To strengthening the J.P.Morgan Chase & Co. capabilities across the international market they acquire the bear Stearns Company’s inc., and also they were including prime brokerage, case clearing and energy trading globally.
Year 1996: They solved the issues of the people of Republic of China by lending a $100 Million for a 100year. They leaded the first century bond for a sovereign borrower.
Year 1980: Predecessor Firm Hambrecht & Quist (H & Q) takes apple computer public.
Year 1968: They launched a system which helps to do the transactions in Eurobonds. That system is named as Euro clear and it was used to settlement the bonds.
Year 1955: To form the Chase Manhattan Bank, the Chase National Bank has been merged with the Bank of the Manhattan.
Year 1929: Two Ohio institutions have been merged with the J.P.Morgan Chase & Co. to form the City National Bank and Trust, a precursor of Bank one.
Year 1915: J.P.Morgan arranged the biggest foreign loan in the history for the loan amount of $500 Million Anglo/French Loan.
Year 1906: J.P.Morgan is central to the creation of the United States Steel, GE and AT & T.
Year 1885: J. Pierpont Morgan, he becomes the senior partner. The New York firm is renamed in to J.P.Morgan & Co.
Year 1893: J.P.Morgan is become the primary financier of the United States Rail Roads.
Year 1848: The Waterbury Bank has been opened which is the ancestor of the Chase...