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JP MORGAN CHASE ( An American Fortune 500 9 th Company )

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Presentation on theme: "JP MORGAN CHASE ( An American Fortune 500 9 th Company )"— Presentation transcript:

1 JP MORGAN CHASE ( An American Fortune 500 9 th Company )

2 History Came into existence in 1799 Built on the foundation of more than 1200 predecessor institutions Major Heritage Firms : J.P. Morgan, Chase Manhattan, Chemical, Manufacturers Hanover & Bank One Earliest Predecessor : Chase Manhattan Bank Corporation.

3 Overview Rank at 9 in the Fortune 500 list in the American List Type : Public Enterprise Trades on NYSE & Dow Jones Chairman & Ceo :Jamie Dimon Industry : Banking & Financial Services Headquarters : 270 Park Avenue, Manhattan, New York City, New York, U.S. Workforce : 250,095 (2011)

4 Business Credit cards Consumer banking Corporate banking Finance and insurance Investment banking Mortgage loans Private banking Wealth management

5 Acquisitions & Mergers 1991 : Manufacturers Hanover Corp. merged with Chemical Banking Corp. 1995:First Chicago Corp. merged with NBD Bancorp. 1996:The Chase Manhattan Corp. merged with Chemical Banking Corp. 1998:Banc One Corp. merged with First Chicago NBD 2000:J.P. Morgan & Co. Incorporated merged with The Chase Manhattan Corp. 2004:Bank One Corp. merged with J.P. Morgan Chase & Co. 2008:JPMorgan Chase & Co. acquired The Bear Stearns Companies Inc. 2010:J.P. Morgan acquired full ownership of its U.K. joint venture, J.P. Morgan Cazenove

6 Financial Report Revenue : US$ 102.694 billion (2010) Operating income: US$ 24.859 billion(2010) Net income: US$ 17.370 billion(2010) Assets Under Management: US$ 1.298 trillion (2010) Total assets: US$ 2.118 trillion(2010) Total equity:US$ 176.106 billion (2010) –All of the above stated recorded an increase in comparison to the previous financial year. –Equity refers to the share of the shareholders in the company. –AUM refers to the asset the bank is managing & not owns it.

7 Business Principles Aspire to be the best –Develop a world-class franchise in every business we operate –Innovate, test and learn Execute superbly –Demand and maintain strong financial discipline, building for good times and bad –Create and maintain a fortress balance sheet Build a great and winning culture –Operate with the highest standards of integrity –Train and retain great managers

8 Global Presence The Bank Operates through its divisional headquarters located at various places across the globe The bulk of North American operations take place in four buildings located adjacent to each other on Park Avenue in New York City Chase, the U.S. and Canada, retail, commercial, and credit card bank is headquartered in Chicago at the Chase Tower, Chicago The Asia Pacific headquarters for JPMorgan is located in Hong Kong at Chater House The Card Services division has its headquarters in Wilmington, Delaware Operation centers are located in the United kingdom Back office and technology operations offices based in Manila, Cebu, Philippines, Mumbai, Bangalore, Hyderabad, New Delhi, Buenos Aires and Mexico City

9 THANK YOU (MBA-ISM) ARPIT SAXENA HIMANSHU SWARNKAR MOHIT CHAUDHARY KARAN PANWAR


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