What Is Jpmorgan Chase

JP Morgan Chase is a leading player in the global financial services: JPMC has operations in over 100 countries and serves various customers, businesses, institutions and government clients. JP Morgan Chase has strong liquidity and capital. According to annual report 2016, the capital ratio has reached to over 15%, far more beyond the Basel

"At JPMorgan Chase, we want to be the best financial services company in the world. Because of our great heritage and excellent platform, we believe this is within our reach."

J.P. Morgan also known, as JPMorgan Chase is a financial services giant, headquartered in New York, United States of America, however it operates globally in continents and countries across the world including the Americas, Europe, Asia, parts of Africa and the Middle East. JPMorgan is focused on offering banking and financial products and services, where it is one of the foremost leaders in market share for such offerings. In order to grow and develop their customer base, they have expanded their products and services into areas like asset management, investment, commercial and private banking, credit/debit card services and security services. One of JPMorgan’s main objectives is to grow and expand in a sustainable and manageable manner. Some ways or strategies in which JPMorgan can grow while cutting costs include: headcount reduction, retrenchment, outsourcing, offshoring or shutting down loss making areas of the business. However, outsourcing as well as offshoring offers lower costs, economies of scale and greater efficiency.

JPMorgan Chase & Co. is one of the most leading financial service firm and banking industry in the United States and worldwide. The firm was founded in 2000 on merger between Chase Manhattan Corporation and JPMorgan & Co. Based on the Forbes report JPMorgan Chase & Co is the world's sixth largest public company based upon the companies operational assets. The hedge fund unit of JPMorgan Chase is the 2nd largest hedge fund in the United States.

I have decided to research JP Morgan Chase as my top firm to write about. My decision to write about Chase was because I have an account with this company. American banking was a small-scale affair before the 198o’s and nationally charted banks were limited as well (Larson, 2010). Economies of scale are known as savings that companies enjoy when they become larger and produce more output (Larson, 2010). A variety of technological factors constitute a third force contributing to economies of scale (Thomas & Maurice, 2010).

Jamie Dimon’s approach to management of J.P. Morgan Chase is exactly what a top-level manager should have, to be successful in the financial industry. Of course, Dimon states that he does not like being considered a “control freak,” (Griffin, 444) but managing control of a Fortune 500 company is mandatory for J.P. Morgan’s goals achievement, longevity, and growth. I am surprised that Dimon maintains as much personal and hands-on control within the organizations complete framework without delegation, but then again, it is the one factor that makes J.P. Morgan a Fortune 500 company.

In the financial world JP Morgan Chase has had its fair share of legal problems and while dealing with these problems they’ve lost a lot of their credibility. Business and personal consumers who conduct business with this financial institution has showed over the past few years that they have lost their trust doing business with them. So now that JP Morgan Chase has gotten themselves out of the spot light, JP Morgan Chase is trying to clear their business reputation.

JPMorgan Chase offers retirement solutions to companies using tools including consultative partnerships with retirement advisors, educational retirement programs and insight on building strong defined-contribution plans for employees, explains the company. The company’s insights-driven platform uses a plan design guide for strengthening defined-contribution plans.

The aim of this report is to recommend whether or not a publicly traded company has been is worth investing in. The company chosen in this case is JPMorgan & Chase which is a large financial institution. This report is going to use a financial rational formed by the analysis of various financial metrics.

The Competitive Profile Matrix indicates that JPMorgan Chase has the highest weighted score of 2.81 which is an indication that they are leading in the Banking industry over Bank of America with a score of 2.65 and Wells Fargo in third place with a score of 2.51. None of the three banking institutions fell below the average of 2.5 which is considered a weak position. Some of the contributing factors are as follows: On Financial Strength in 2015 JP Morgan Chase had assets of 2.39 trillion dollars, and Bank of America’s assets was at 2.17 trillion dollars, while Wells Fargo trailed with assets of 1.44 trillion dollars. On Technology initiatives, in addition to the large amounts of resources assigned to banking technology, JP Morgan Chase has a technology budget of 500 million dollars for Cyber Security; Bank of America invested 400 million, while Wells Fargo spent 250 million on Cyber Security.

What Is Strategic Management a process for defining and addressing the management implications of an organization's strategic and operational plans? A long-term context for short-term activities. Strategic management is the analysis of the work done by the management of an organization on behalf of the owners. It gyrates around expressing the purposes of the organization and coming up with an appropriate mission and vision statement. Mission and vision statement together are used to help develop policies and plans to be used in long term and short term goals often categorized as projects or programs. It also involves the right resources of management to ensure that the business profit are maximized to grow the company. Strategic Competitiveness

Among the future strategical moves that Chase bank has in mind includes planning for a future better job to cover private and family offices both in the Investment bank and the private bank. According to Chase bank, family offices are increasingly becoming larger, more globalized as well as more sophisticated, and they are actively purchasing whole stakes or minority in businesses. The future strategical move comes as a result of Chase bank estimating that approximately 2,300 families across the world have assets of $1 billion or more in the previous years and is expected to increase compared to the current figure. Collectively, they are controlling more than $7 trillion in assets, a number that has grown and is as well

Shinsei bank has a rich history in terms of influence over the Japanese banking sector. Of all the defining moments, there are a few moments that reflect the culture shift of Shinsei bank from the more traditional Japanese approach to the more Western business model. These moments include the denial by Shinsei to forgive 97 billion Yen in debt owed by Sogo, the creation of the Shinsei Securities operations and the institutional banking department, being listed on the Tokyo Stock exchange and the hiring of Tom Pedersen as the Chief Learning Officer

The company chosen to study asked to remain anonymous, so throughout this report, the company will be referred to as “Company A.” Along with the company remaining anonymous, the CEO asked that his/her name, any manager’s names and any workers used for this project to also remain anonymous. Company A was founded in 1976 in Miami, Florida and was quickly able to expand to five branches and hire approximately 150 employees since that startup year. The company provides various banking services all across the South Florida community. Some of these services include response system, ATM/VISA Check Card, direct deposit, collection services, merchant deposits, internal and external electronic payments, wire transfer services, automated loan payments, loans, notary services, bank by mail, online and mobile banking, night depository, money orders, tax payments, cashier 's checks, and safe deposit boxes.

in Japan – that of Internet-only banking. As president of Japan Net Bank (JNB), the first