Jp Morgan& Chase Annual Report

The banking industry has undergone major upheaval in recent years, largely due to the lingering recessionary environment and increased regulatory environment. Many banks have failed in the face of such tough environmental conditions. These conditions

JPMorgan Chase is one of the oldest financial services company dating back over 200 years. It has $2 trillion in assets and operations in more than 60 countries. JPMC’s corporate strategy is it provides services and products in major capital markets. JPMorgan Chase, well known nationally and globally, is leading in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity.

JP Morgan Chase has contributed $3 million to help boost economic development in black and minority businesses. The money will be channeled through the Valley Economic Development Centers (VEDC) in New York City, Chicago and Los Angeles. According to their website, the VEDC oversees a National African American Small Business Loan Fund specifically designed to help "minority-owned businesses in these cities and help them serve low-income communities by providing them with greater access to capital, technical assistance and financial consulting." The VEDC has a goal of establishing a $30 million loan fund. The $3 million from JP Morgan Chase makes a significant mark toward that

To know a company, it is important to have an understanding of its history. J.P. Morgan is one of the leading global financial services and has been doing business for over 200 years. They have assets of $1.4 trillion and operations in more than 50 countries. J.P. Morgan Chase has historic links to its nearly 1,000 predecessors which started back in the 1800s. The beginning of J.P. Morgan Chase traces back to the Bank of the Manhattan Company that was started in 1799 by Aaron Burr.

JPMorgan Chase is amongst the big four banks in the U.S. with Bank of America, CitiGroup, and Wells Fargo. According to Bloomberg, in of October 2011 they surpassed Bank of America as the largest bank by assets. JPMorgan Chase & Co is considered to be a universal bank.

The largest six publically traded banks in the United States who are FDIC insured account for seventy-eight percent of the market, while the top four account for sixty-eight percent of the market. These top six banks include: Wells Fargo and Company, JPMorgan Chase and Company, Bank of American, Citigroup, US Bancorp, and PNC Financial Services. Wells Fargo, the market share leader, holds over twenty-percent of the market with JPMorgan Chase falling just under twenty percent (Oja, 2015). The top four banks as listed above, accounted for almost half of the revenue, at nearly two hundred and eighteen billion dollars. The top eight banks, of the eighty-one, managed an astonishing seventy-five percent of the total revenue for all banks (Oja, 2015). These other two banks were Branch Banking and Trust Corporation (BB&T) and SunTrust Banks and the total revenue in 2014 were at four hundred and forty-three billion dollars. Specifically, as of 2014, JPMorgan Chase

JPMorgan Chase and Co. (JPMorgan Chase) is one of the main suppliers of money related administrations on the planet. The organization's buyer and business banking and solid capital sufficiency are its real strengths, even as home loan and commercial banking continue to be a territory of concern. The organization's introduction to the current financial imbalances and extraordinary rivalry might affect the organization's performance. Be that as it may, the little business banking and worldwide asset management business sector could display new development chances to the organization.

JP Morgan Chase is a member of several leading organizations that address environmental and social issues in business. These include:

After one of the largest bank failures in history, JP Morgan Chase acquired Washington Mutual from the FDIC for $1.9 billion on September 25, 2008. The allocation of the $1.9 billion to the assets acquired and liabilities assumed based on their values as of the acquisition date. Through this acquisition, JP Morgan Chase was able to expand its consumer banking branches into other states, such as California, Florida, and Washington. The company was also able to expand its business banking, commercial banking, consumer lending, credit card, and wealth management businesses as a result of the acquisition.

Banks have been at the forefront of the financial system for as long as they have existed and have captured the attention of stakeholders on both controversial grounds as well as being undisputed with regards to the many helpful services they provide. JP Morgan & Chase is one such bank, surrounded by hostile news articles and excessive scrutiny but rightfully so as it has of recent been the topic of much controversy as turning a blind eye to the moral codes established by the Securities and Exchange Commission (SEC) and assisting Ponzi Scheme masterminds in swindling unsuspecting investors.

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.

As the largest bank in the United States by assets and market capitalization, JPMorgan Chase is a major provider of financial services with assets of $2 trillion and according to Forbes magazine is the world’s largest public company based on a composite ranking.

Not only does American Express have such a strong brand name and reputation, but they also have a system that allows their customers to travel with ease and confidence. American Express offers their customers a platinum card that is great for customers who travel internationally. There are multiple benefits to signing up for this card with American Express. One main benefit is that the card does not charge any foreign transaction fees.

A security interest attaches when (1) there is an agreement, (2) Debtor grants a security interest in movable property,(2) debtor had the rights in the property, (3) value is given and (4) there is an authenticated security agreement that describes the collateral . (1) Here, financing had agreed to grant working capitol to Mikes Bikes. (2) Mike’s Bikes as owner of the bikes has rights in the property. (3) Finance gave value when they granted Mikes Bikes $250,000 in working capitol. (4) The agreement Finance sent to Mike’s Bikes qualifies as a security agreement. This because it grants a security interest in the bikes. It adequately describes the bikes as inventory. Even though the fact pattern refers to it as personal property it is not because the property is held in the trade of business. The bikes are inventory because they are held by the debtor for sale to consumers. The security agreement is authenticated by the electronic signature of the debtor in the reply email. This is because multiple documents that are attached to each other can qualify as a security agreement.

Money market behavior in Singapore can be affected by a lot of economic factors. Singapore money market often called Singapore Interbank Offered Rate (SIBOR). Monetary policy was the first factor that can affect SIBOR. Monetary Authority of Singapore has a duty to promote the stability of price that will support Singapore’s economic growth (Monetary Authority of Singapore 2012). Then, the next factors that affect SIBOR were the strength of Singapore Dollars and the level of inflation (Appendix 1). We will explain about the Singapore money market rates behavior over the past three years (2010, 2011, and 2012) and we will try to predict it over the six months.