Jpmorgan Chase Has Grown Stronger And Stronger Over The

Jamie Dimon is the CEO of JP Morgan Chase and has been for the last 17 years. Jamie leadership has cultivated JP Morgan to become one of the world’s most well-known, and trusted bank. – The expectation Jamie lays out for his employees shows why the company continues to thrive in its industry and with all the vicissitudes that occur in the financial industry.

Competition is quickly encroaching on SunTrust’s territory. The financial crisis helped rivals gain more presence in SunTrust’s core markets through key acquisitions. BB&T bank, one of SunTrust’s main competitors, recently increased its presence with its acquisition of Florida-based BankAtlantic. This acquisition increased BB&T’s deposit market share to 6th in the Miami market. (BB&T Corporate Profile)

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.

Net income on the income statement: $2,377,000,000 ($5.37 per share), which is an increase of 15% compared to 2014.

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

In spite of this abhorrent cupidity, JPMorgan Chase & Co stands firm in their moral values. In their renowned philanthropy, professed conservative ideologies, and intellectual prowess, Chase

The leader of CFTC, Gary Gensler, give an opinion that “JPMorgan's losses are worth looking into, because as a U.S. bank, it is an entity with direct admission to the Federal Reserve's discount window and federal deposit insurance" (CNN Money).

Chase Bank is a national bank and constitutes the consumer and commercial subsidiary of JP Morgan Chase. Chase Bank traces its origins to Manhattan Bank, created by Aaron Burr (The History of JP Morgan Chase & Co., 2008, p.2). Chase was the first tenant at the Rockefeller Center and was later on led by David Rockefeller in the 1960’s (Wilson, 1986, p.87). The famous Bank One became part of Chase in 2014, and the regrettable Washington Mutual, under receivership, was sold to Chase at a bargain during the crisis of 2008 (The History of JP Morgan Chase & Co., 2008, p.19).

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 company generates 8.83 cents in net income for every $1 sales, quite good for a low profit margin business.

1. Think about size, growth, locational aspects and segmentation 2. Market Structure 3. Performance metrics used 4. Trends

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.

The local businesses tapping into more markets with the help of Globalization. The world is changing, we are living longer than before, capita income has gone up, advance in science and technology and change of poverty due to globalization taking part of our lives (Bildt). Employment and economic growth are recovering almost everywhere. “Since 1990, the share of people living in extreme poverty in the developing world has fallen from 47% to 14%, and child mortality -- a critical indicator -- has been halved” (Bildt). It all depends on what area you live that is changing because of the consumers believe certain countries make the best product.

The sector offers a considerable barrier to new entrants due to the high capital required to establish a new bank. As banking is professional services type required high creditability, strong brand presence is the key obstacle for newcomers.

both the U.S. and international markets. China represents one of the fastest growing countries for