SWOT Analysis of JP Morgan Chase

The SWOT Analysis Of JP Morgan Chase
SWOT Analysis of JP Morgan JP Morgan and Chase (JPMC) is the top fanatical service of US
market and the biggest bank in US. JPCM with its exceptional 5 different business segments, which
are corporate and investment banking (CIB), consumer and community banking (CCB), asset and
wealth management (AWM), commercial banking (CB) and corporate entity. Strengths in the
SWOC Analysis of JP Morgan 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 ... Show
more content on Helpwriting.net ...
This may affect the long–term growth of JPMorgan Chase. The company can not cope with the
challenges of the new round of entrants, and the lack of market share in the niche category.
JPMorgan must establish an internal feedback mechanism directly from within the sales team to
address these challenges. JP Morgan 's profitability and net contribution rate is lower than the
industry average. Compared with competitors, product demand forecast is not very good, leading to
higher missed opportunities. One of the reasons for the high daily inventory compared to its
competitors is that J.P.Morgan Chase does not need to be forecasted, and ultimately maintains a
higher inventory both internally and in the channel Opportunities in the SWOC Analysis of JP
Morgan Chase: Lower inflation makes the market more stable, enabling JPMorgan Chase customers
to get credit at a lower interest rate. "Government green drive also opens an opportunity for
procurement of J.P. Morgan Chase products by the state as well as federal government contractors.",
which means new tax policies may have a significant impact on the way they operate and provide
new opportunities for more profitable capabilities for existing participants such as JPMorgan Chase.
The new technology provides opportunities for JPMorgan Chase to implement a differentiated
pricing strategy in new markets. This will enable the company to maintain its loyal customers with
good service and attract new customers
... Get more on HelpWriting.net ...

The Financial Crisis Of 2008-2009
The financial crisis of 2008–2009 was an extremely significant event in recent history and has been
described as "perhaps the most important economic event since the Great Depression" (Gorton &
Metrick, 2012, p.g. 150). We are still experiencing the effects of the crisis today and there is a
considerable amount of literature on the subject. There has been much research into the crisis and
what caused it (Gorton and Metrick, 2012). Using some of this research both the causes and effects
of the financial crisis can be explored. This essay will discuss what happened in the months leading
up to the crisis, the causes and effects of the financial crisis and tackles some of the questions that
researchers have asked regarding the events of 2008–2009.
Mishkin (2011) discussed the idea that when analysing the causes of the financial crisis the events
should be split into two separate periods. The period occurring towards the end of 2007 and
beginning of 2008, which involved lending within subprime markets and the end of the housing
bubble, and the second occurring in September 2008, beginning with the bankruptcy of Lehman
Brothers (Mishkin, 2011, Gorton & Metrick, 2012).
Although the start of the financial crisis is thought of by most to be in September 2008, when
investment bank Lehman Brothers declared bankruptcy, some of the main contributing factors
actually occurred prior to 2008. During the early 2000's interest rates were low and as a result more
people were able to afford

Financial Crisis Essay
Marconi (2010) believes that the role played by the institutional investors propagated the financial
crises. Institutional investors, which is both, individual or companies do enjoy the benefits of
reduced commission preferential regulations. This is due to their large and professional investments.
Institutional investors like the mutual funds, pension funds, hedge funds like Magnetar Capital, and
Life insurance companies like the AIG and investments trusts contributed to the global financial
crises of 2007–2008. This financial crisis also referred to as the great recession was triggered by
liquidity problems in the United States economy. Many large financial institutions collapsed
according to Geczy (2010). The government had to bail out ... Show more content on
Helpwriting.net ...
There were breaches in accounting practices and general breach of business ethics. The bank
directors and the chairman are accused of having certified false financial statements and not
disclosing key financial practices in the bank. Among the undisclosed practices was the Repo 105.
The Lehman had been using it from 2001, it involved using the Repos to finance assets and treating
them as sold Repos while accounting. This according to the report was abuse of ordinary repurchase
agreements, it was done to lower the banks leverage as was asked of investment banks toward the
end of 2007. The bank at times even involved its subsidiaries. Financial leverage should have been
attained by borrowing and investing the same at higher interest rates. The auditors Ernst &Young
have been accused of professional negligence for failing to disclose these practices thus misled the
investors on the financial status of the bank. Some critics cite the complex financial systems and
financial investment products to have been the trigger of the 2007–2008 financial crises. According
to Laurence (2010), other factors include: failure of effective regulations in the investment markets,
inappropriate credit interests, and self interest practices among the institutional investors. According
to Hughes (2011), some critics also argue that the institutional investors were behaving in irrational
manner

Jp Morgan
Brian Tabb, Duc Nguyen, Haojun Chen, Jingyi Chen, Dan Ning
12/12/2014
Brian Tabb, Duc Nguyen, Haojun Chen, Jingyi Chen, Dan Ning
12/12/2014
FI730 Group Report
Financial Institution Analysis
FI730 Group Report
Financial Institution Analysis
1. Introduction
1.1 JP Morgan & Chase, Co.
JP Morgan & Chase, Co., incorporated under Delaware law in 1968, is now one of the oldest
and most influential financial institutions in the world. As of December 31, 2013, the firm's net
assets and stockholders' equity amounted $2.4 trillion and $211.2 billion, respectively. Currently, the
firm is the leading banking institution in various business segments that include investment banking,
commercial banking, asset ... Show more content on Helpwriting.net ...
Additionally, AM offers retirement products, brokerage and investing services that include trusts and
estates, loans, and mortgages to its high–net–worth customers.
The Corporate/ Private Equity segment mainly serves business activities within the corporation. Its
primary purpose is to manage, measure, monitor, and report the Firm's liquidity, funding, and
structural interest rate and exposure to foreign exchange risks. 1.2 The First National Bank of
Central Texas
The First National Bank of Central Texas (hereinafter referred as FNBCT), founded in 1901 in Mart,
Texas, was originally the first national bank to serve the agricultural community and consumers and
small business owners in Mart. Quick growth followed after the bank changed its leadership and
ownership in 1995. Under the leadership of a seasoned management team and CEO, Monte Hulse,
the bank expanded rapidly, from a single branch to multiple branches in the area. FNBCT acquired
multiple branch locations along its rapid expansion periods, and by the end of 2010 and early 2011,
FNBCT amounted a net asset size of $700 million, with only five banking centers. The five
branches are located in Waco, Woodway–Hewitt, China Spring, Mart, and Hillsboro, Texas. FNBCT
offers traditional banking services such as Personal Banking, Commercial Banking, Farm &
Ranch Lending, Loan Products, and Retirement Planning.
Personal Banking offers consumers the opportunities to

U.s. Treasury Bond Market
2. U.S. Treasury Bond Market
Yields on U.S. treasury bonds especially on the bonds with a maturity up to one year decreased
significantly between 2007 and 2009 as shown in the graph below. The one–month treasury bond
yield decreased from 4.79% in January 2009 to 0.04% in December 2009. In the beginning of 2007
bond yields were very high and therefore mortgages takers with adjustable–interest rates had high
interest payments. All this led to a high number of default and strong decrease in house prices. This
general weaker economic situation led to a decrease in Bond yields. The decrease became even
faster at the end of 2007, when the more creditworthy borrowers were also unable to repay their
mortgages. As reaction to the bad economic situation in 2008 the FED has opened its discount
window and lowered the discount rate by 1% in order to make it cheaper and easier for banks to
access money. Both lead to a further decrease in the bond yields as people had no more trust in the
products sold by investment banks and therefore looked for save ways to invest their money. One of
this save options to invest money is lending money to the U.S. government in forms of U.S. Bonds.
So the change in yields basically happened because there was a high demand for save ways to invest
money and therefore a high demand for U.S. bonds. The high demand for bonds resulted in high
prices and thus low yields.
3. Bear Stearns
The failure of Bear Stearns began in 2007 as two hedge funds managed by

The Financial Crisis Of The Decade
The financial crisis of the decade is considered the largest and most severe compared to the Great
Depression. The crises reshaped the financing and investment banking business not only in the
United States but globally. The top largest banks have fallen due to the losses they have incurred in
connection with their investments in the subprime mortgage markets. (Financial Crises 2007–2008
Overview) Governments had to come up with some solutions in order to further avert the decline of
their country 's economy as the financial crises of the United States overflowed into the global
financial and world economy. (Marshall, n.d).This paper discusses the history of the financial crisis
– its causes, impacts, and the responses of governments and other institutions. The origins of the
financial crises The root causes of the financial crisis were a combination of debt and mortgage–
backed assets. While inflation had been going up since the end of the World War the house prices in
the United States had been steadily rising at a much higher rate than the inflation trend. As shown in
the chart the fluctuations are few, but the trend had been upward. (Financial Crises 2007–2008
Overview). Prior to the financial crisis with rising prices of housing in the United States banks and
investment managers had been looking for more loans and credit to offer potential homeowners. The
funding of credits had been backed by real estate or through investments in construction companies
which were

Lehman Brothers : A Worldwide Firm
Company Overview Lehman Brothers Holdings Inc was a worldwide firm, that provided financial
service to clients globally. It was established in 1844 by a German immigrant named Henry Lehman
in Montgomery, Alabama; as a shop that sold groceries and goods. Emanuel and Mayer were his
younger brothers and they joined the business in 1850 (library.hbs.edu). After Henry's death in 1855,
his younger brother started to run the company. Over the decades, only family members were
allowed to become partners, this practice continued until the 1920's. The first New York office
opened in 1858. After the Civil War, their headquarters moved from Alabama to New York.
Collectively there was numbers of issues faced by the group in capital market from the ... Show
Lehman Brothers' major responsibilities were to raise capital for their clients through many ways,
including securities underwriting and direct placements. The value speculation secretly and
exchanging of remote trade is the approaches to bring capital up in numerous cases. For capital
rising, they utilized business account administrations and securities barters and exchange. What
Went Wrong Lehman Brothers, engaged in risky business that is the short answer, as one of the
largest investment banks in the United States collapsed. The company was over leveraged, they had
borrowed far more than they owned. The company filed for bankruptcy in September 2008, their
bankruptcy was the largest in history with $639 billion in assets and $619 billion in debt
(Investopedia). Most of their investments were held within commercial real estate, meaning they did
not properly diversify their assets. The company heavily relied on the success of the housing market
and in the end, that caused their downfall. Trouble started in 2003 with the housing boom, mortgage
interest rates had greatly decreased. As home prices rose, a low interest rate allowed for 'affordable'
mortgage payments for all buyers. Investors, both foreign and domestic searched for investments
that yielded low risk and average returns, their answer came in the form of mortgage backed
securities. Investors and Wall Street firms

The Collapse Of Bear Stearns
Jacob Bates
The Collapse of Bear Stearns and What Can Be Learned
Bear Stearns was started in 1923 by Joseph Bear, Robert Stearns and Harold Mayer and was initially
and equity trading firm. It was one of the most respected firms of Wall Street and up until its
collapse in March of 2008, had never had a losing quarter in its 85–year history. Bear Stearns had
made it through the Great Depression, World War II, and multiple recessions over its long history.
Alan Greenberg took over as CEO in 1978 and the culture at Bear Stearns began to change. In 1985,
with Greenberg at the helm, Bear Stearns created a holding company called 'Bear Stearns Company,
Inc" and officially became an investment firm. According to fundingverse.com and William Ryback
[14, 11], earnings soared and they began setting new company records for earnings. In 1993, James
Cayne took over as CEO and steered Bear Stearns through the dot–com boom and the September
11th attacks. Cayne had made Bear a fortune by trading municipal bonds through the 70's as New
York was going through a crisis and nearly declared bankruptcy. Under Cayne's leadership, Bear
Stearns stock price rose six–fold and consistently beat earnings estimates. All was going well until
around 2006. That brings us to the root cause of the collapse at Bear Stearns. Bear Stearns had
begun investing in subprime mortgages through to funds. According to the investment website
investopedia [7], a subprime mortgage is basically a mortgage that is given to

Morgan Stanley : Marketing Mix Recommendations On The...
Marketing Mix Recommendations
Product
Morgan Stanley offers three major product segments, which are institutional securities, wealth
management and investment management. Morgan Stanley can either do the following
1.Increase their growth into other markets by lobbying the government for a repeal in parts of the
Glass–Steagall act which separated commercial banking and investment banking. This in turn will
allow Morgan Stanley to compete in a different segment on the banking market.
2. Focus on growing the investment management segment of their business. Data below suggests
this.
Revenue
Profit
% change in revenue
% change in profit
Institutional securities Q3 2016
4553
1383
–0.038875467
–0.106290672
Wealth Management Q3 2016
3881
901
0.087348621
0.241953385
Investment management Q3 2016
552
97
0.222826087
0.350515464

Institutional securities Q3 2017
4376
1236
0
0
Wealth Management Q3 2017
4220
1119
0
0
Investment management Q3 2017
675
131
0
0
From this data we can interpret that institutional securities have suffered in Q3 of 2017 but
investment management sees a very high growth rate despite being the relatively small portion of
revenue. There was about a 35% growth in profit and about a 22% increase in revenue. Focusing
more on growing the investment management segment should allow for Morgan Stanley to deliver
value to its consumers and shareholders.
3. Develop an internal system which is less susceptible to internal and external threats. This is one of
the vital points in Morgan Stanley's business which is a challenge for them. Back in 2010 one of
their brokers, Mr.Wyatt took clients money and invested it in a risky manner. This was due to lack of
proper internal protocol to limit risk and to identify and fix the problems caused by Mr.Wyatt. Their
also are external threats to their product which is talent poaching, a recent example is one of Morgan
Stanley's adviser's being recruited by a competitor bank. When this happens the adviser usually
takes the clients money they managed and it ends up as lost revenue for the bank. This also leads to
a branding issue which will be discussed price portion of the analysis.
Promotion
The promotion aspect of the marketing mix

Home Loans And Bear Stearns ( Jpmorgan Chase Bank
I was unlucky enough to be front and center working for a homebuilder at the time of the real estate
crisis. The mindset of sellers, realtors and mortgage brokers before the "bubble burst" was
something that was very obvious to me as a lack of care for the long term homeowners and their
financial welfare. While the banks like Countrywide Home Loans and Bear Stearns (JPMorgan
Chase Bank) were making billions of dollars on mortgages, they were ridiculous in thinking that this
would not come back on them tenfold. How can you purchase a loan and approve it through
underwriting without first verifying the documents were accurate? How could I get a home loan
when I was 21 and had a credit score of 1? Well, this definitely happened. I had a cosigner, of
course, but still, the qualifying standards back in 2005 were relaxed to a fault. I liked to think that I
was responsible enough to have this investment in a property to call my own, but we bought at the
height of market in Orlando, and only gained in equity for about 6 months. In 2007, our house was
worth $40,000.00 less than what we purchased it for. My home in Orlando was a $1,300.00 monthly
mortgage that I thought I could afford with help from roommates, but quickly found this to be too
daunting. I ended up moving out, and thankfully rented until this year. We finally found a buyer for
the house this year, without having to bring any money to closing. This is ten years of mortgage
payments later. All thanks to the

Impact of the credit crisis on investment banks Essay
Cause of Problems for Financial Institutions during the Credit
Crisis: Select a financial institution that had serious financial problems as a result of the credit crisis.
Determine the main underlying causes of the problems experienced by that financial institution.
Explain how these problems might have been avoided.
Table of Contents
I– Credit crisis .................................................................................................... 2
II– Impact of the credit crisis on investment banks ................................. 2
1) Definition of Investment bank ................................................................... 2
2) Impact of the credit crisis on investment bank ... Show more content on Helpwriting.net ...
However, Morgan Stanley also chosen to convert to bank holding companies.  Similarly Wachovia
Securities had to rename itself as Wells Fargo Advisors after being sold to the massive Wells Fargo
bank.
Page 3
FINANCIAL MARKETS & INSTITUTIONS
From the table, the companies had existed for a combined total of 549 years, but within the span of
six months, they would all be gone. Therefore, we can see the impact of credit crisis to investment
banks is huge.
In this report, to clarify the causes of the problems experienced by investment banks and determine
how these problems might have been avoided, I will show the bankruptcy of Lehman
Brothers– the fourth largest investment bank in the Unites States to analyze these problems.
III1)
Lehman Brothers
Introduction
Lehman Brothers was founded in 1850 by three brothers Henry, Emanuel and Mayer Lehman. It is a
stock corporation and the 4th largest investment bank in the United States.
Main fields of Lehman Brothers are investment bank, trading stocks and bonds, market. Its head
office is New York City and two subsidiaries in London and Tokyo and also many representative
offices around the world.

For over 150 years, Lehman Brothers has had a big impact on the financial and commercial history
of the United States. The history of this firm follows the growth of American industry and the
formation of the modern corporation. However,

Bear Stearns Bailout
Bear Stearns Bailout "The Fed did not bailout Bear at taxpayer expense, but enabled – as it is
mandated – the financial markets to continue to function. History will call the Fed's action the right
move at the right time", says Jeremy Siegel, Ph.D. The Bear Stearns Company began a financial
meltdown in July 2007. By March 2008, it was ready to file Chapter 11 bankruptcy. Some people
believe that the Federal Reserve should not have stepped in to bailout Bear Stearns because it was
rewarding reckless business behavior and Bear should have been left to file bankruptcy. The deal of
Bear Stearns was not a government bailout; it was rather a loan to preserve jobs, homes, savings, the
economy, the shareholders of Bear, and the financial ... Show more content on Helpwriting.net ...
In November 2007, Bear reported $288.5 billion in client accounts, and was selling the company for
$30 billion to JPMorgan. The value of Bear Stearns has yet to be determined. There is no real
vauation of their assets; therefore, there are no buyers who are willing to purchase Bear for cash. As
of November 30, 2007, according to the New York Times, Stearns had $46 billion on its books that
included mortgages, mortgage–backed securities, and asset backed securities. They announced that
the annual report showed $29 billion of these assets were generated by a computer model. The other
$17 billion were determined by estimates from internal company developed models. The means by
which Bear Stearns estimated their total assests were calculated gobally, this means that their
estimates may not be accurated due to the different financial and banking standards around the
world . This implies that hundreds of billions of dollars in asset–backed securities may be fabricated
capital (The Ediorial Board 3).
Several factors could have affected our nation if the Federal Reserve did not step in and bail out
Bear Stearns. One factor is our economy. If half of the Bear Stearns' employees were laid off, the
unemployment rate would increase and would affect the working class throughout the nation, and
jobs would become harder to

William David Coh An American Business Writer Essay
About the author:
William David Cohan is an American business writer. He has written three books about business and
economics and is a contributing editor at Vanity Fair. Prior to becoming a journalist, he worked on
Wall Street for seventeen years. He spent six years at Lazard Frères in New York, then Merrill
Lynch & Co., and later became a managing director at JP Morgan Chase. He also worked for two
years at GE Capital. Cohan is a graduate of Duke University, Columbia University School of
Journalism, and Columbia University Graduate School of Business. (Source: Wikipedia.org)
House of Cards describes in particular the complicated series of events that led to the downfall of
Bear Sterns in March 2008. Its actual appeal, however, deduces from its complete and careful
analysis of the history of the firm since its origination as an upstart brokerage firm in 1923 and a
gripping account of the demise of Bear Sterns in 2007. This failure prognosticated a lot of issues
that would eventually stultify the firm, and the author puts forward that its deviation from various
historical operating practices led to its ultimate sale to JPMorgan Chase at $10 per share, down from
over $170 just a year earlier.
Cohan, also the author of "The Last Tycoons," a 2007 book about Lazard Frères & Company, gives
us in this book a shuddery, almost microscopic account of the 10, vertigo inducing days that
disclosed Bear Stearns to be a fragile house of cards in a perfect storm.
Why I choose this book?

Troubled Asset Relief Program Essay
United States has long been portrayed as the country that has the biggest economy in the world. In
fact, United States have the highest gross domestic product which known for its strong economic
growth and sustainability, for its currency as an standard unit currency for international trading
market, and for its significant influence and impact to the world market as the leading global trader.
Furthermore, United States was able to surpass other countries as it is able to accumulate its capital
more quickly through its extensive capitalistic approach. However, the market of the United States
suddenly collapsed and immediately resulted in the inevitable economic breakdown in late 2000's
until late 2010s. This is evident through the book of Keith ... Show more content on Helpwriting.net
...
In fact, the government intervention was necessary for the banks not to loss hundred percent of their
assets and to further save its financial sector as much as banks never wanted to go bankrupt as
banks' do have businesses based on and trust and solvency record. Thus, the United States
established the Troubled Asset Relief Program or TARP with a purpose of insuring all the troubled
assets and reinforcing the banks with more capitals for them to further able to operate and withstand
losses where in fact, $700 billion was allotted in this program. With the help of Troubled Asset
Relief Program, the government and the Federal Reserve were able to help JP Morgan Chase to
buyout Bear Stearns with $10 per share compared to JP Morgan Chase's offer of $2 per share.
Furthermore, the Federal Reserve and Treasury expanded another $30 billion into the fund of
Troubled Asset Relief Program to completely accommodate the bailout cost of American
International Group, which received an overall total bailout amount of $85 billion. Moreover, the
United States government turned out buying out a third of Citi company to save it from going under.
Thus, it is clearly shows that both the government and the Federal Reserve play a crucial role in the
hopes of recovery of the financial sector of the United

Case Study : The Move Came After Bear Stearns
The move came after Bear Stearns was bleeding cash after word spread about the company's
crumbling position. European banks and other brokerage clients were pulling their investments and
loans with Bear Stearns rapidly–and the company was losing billions in a week. In a swift move, the
CEO of Bear Stearns, Alan Schwartz, was connected with the FED Chairman Ben Bernake, who
agreed to loan money to JPMorgan if the financier company took over the quickly deteriorating Bear
Stearns. It is argued that the FED was right in doing so as this move not save one of the largest
American investment banks thus preventing a crushing blow to the US economy.
regulators have followed a different restructuring procedure? Which one? What would have been the
main pros and cons of your proposed resolution tool?
Regulators could have followed a different restructuring procedure. I suggest debt restructuring
because I believe that Bear had enough assets and liabilities to defend against the impending losses.
First, debt restructuring is a process that would have enabled Bear to reduced financial distress by
either reducing or renegotiating its debts or order to improve liquidity and reduce insolvency so that
it may resume normal operations profitably and efficiently. For example, the bondholders at Bear
should have borne the losses by agreeing to shift a sum of their assets down in the capital structure
by swapping debt in exchange for equity (either common or preferred). This effectively enables

Bear Stearns
Question 5
Yes I believe Bear Stearns failure coupled with Merrill Lynch's acquisition by Bank of America and
Lehmann Brother demise put a negative spin on pure play investment banks whilst highlighting the
benefits of the Universal Bank model.
Pure play investment banks face multiple concerns about their model. Regarding their source of
funding, they typically relied on short term funding, especially repo transactions, when this source
dried up in the case of Bear Stearns, it led to serious problems. Pure play investment Banks have had
to utilise unsecured long term financing, which in turn leads to increased cost of capital.
Concerning increased cost, this adversely affects profitability. Pure play investment banks are facing
a reduced demand ... Show more content on Helpwriting.net ...
This law is usually blamed as being one of the critical deregulatory factors that led to the financial
crisis. The important bits of the GLB act are that it repealed huge portions of the Glass Steagall Act
(NY Times, 1933), an act that was passed in response to the Great Depression. The Glass Steagall
act made the separation of commercial and investment banks compulsory. It has been argued that the
repeal of this act through the GLB allowed banks get too big and the credit crisis might have been
averted if the GLB had not being enacted (NY Times, 1933).
Without the GLB act, Bank of America and Citigroup would not exist today in their current model.
Although, European Banks which are arguably more firmly regulated and have their version of the
Glass Steagall Act, were not immune from the financial crisis either. All that is to say, the credit
crisis might have still occurred even if Glass Steagall was in place, over/under regulation is not the
answer, allowing an efficient market to correct itself is much more

The Conceptual Frame On Well Fargo
The conceptual frame on Well Fargo: The future of a community Bank
Well Fargo is a business which were established by two former express massager in 1852 Well
Fargo business strategy is the focus of the community is the business strategy for Well Fargo, the
financial unstable during the early 2005 band the major revenue which had a large earnings and
revenue in 2007. The financial institution has received earning but at the same time has lost revenue.
This was due to the recession the world was going through.
The competition: Well Fargo competition has increased in 2009 due the bankrupted of financial
institution. Well Fargo is facing increase pressure from the other top financial institution in the
world, Bank of America, J.P. Morgan Chase, ContiGroup, and PNC Financial Services.
Bank of America is the largest of the financial institution and the world wealth management
companies. And have over 20, 000 financial advisors available to assist and asset the companies
needs. The competition from JP Morgan is that Morgan is a very diversity bank, providing service
from investments to treasury and security services. .
The products provided by Well Fargo were diversity, providing banking, insurance, mortgage
banking, investment banking, retail banking, and brokerage and consumer financing, Well Fargo
understood that one product couldn't satisfy the need of all, that was the reason that the company
offered many different type of products.
Technology, Well Fargo has the

Lehman Case Study Writeup Essay
Organizational Power and Influence
Lehman Case Analysis
Lewis Glucksman who scrapped his way up through Lehman's unprestigious but increasingly
profitable stock–and bond trading department, was able to take control of the firm after a bitter
power struggle against its former CEO, Peter Peterson. Glucksman was victorious in the end as he
proved himself to be an indispensible part of Lehman's operations.
During the times leading up to the power struggle, the power dynamic within Lehman was steadily
shifting as trading profits became increasingly more important to Lehman versus traditional
investment banking profits. Thus, Glucksman was able to step into the spot light and Peterson
became more expendable. Peter Peterson's core ... Show more content on Helpwriting.net ...
Historically this has always been a formula for disaster. Justifications for the duality were
unconvincing. Peterson was suppose to be the external client facing image of the company whereas
Glucksman was suppose to be the internal executioner of operations. The division of duties may
seem clear but it does not lead to a clear division of power. At the very top of a major Wall Street
company, power must be clearly defined and completely authoritative. If it is not, then human nature
and the nature of an organization will eventually find a way to define power. In this case, power was
defined through duties and internal duties won over external duties.
Also contributing to the outcome of the power struggle were structural features that existed across
the financial industry. The whole industry is governed and motivated by profits generated through
individual contribution irrespective of the firm's net performance. This particular industry structure
results in the classic inter departmental tensions to maximize the individual department's profits. To
a certain extent, Lehman had to comply with rest of the companies by creating the isolated
departmental structure to maintain its top performers. As a result, when a department creates 60–
80% of the firm's profit, the power shifts to the department making the most money. Lehman could
have created an alternate compensation strategy to reduce the potential for power struggle between
the departments. For example, rather

Iceland Economic Crisis Essay
In 2008, there was global economic crisis that people lost their jobs, savings and homes. Iceland has
a stable democracy, but they have low employment and government debt. Gylfi Zoega said Iceland
had good health care and education. Also, not much crime and good place where families can live.
Iceland allowed multinational corporations, such as Alcoa, it build huge aluminum–smelting plants.
In Iceland, the government privatized their 3 largest banks. The 3 banks borrowed 120 billion
dollars. The stock prices and houses prices were doubled. In 2008, the Iceland bank fell, the
employment increased in the last 6 months. A lot people lost their savings. On September 15, 2008,
the biggest investment banks were forced to declare itself bankrupt. ... Show more content on
Helpwriting.net ...
Later, Robert Rubin made 126 million as Vice Chairman of Citigroup. In 1990s, there were $5
trillion investment losses Eliot Spitzer revealed that investment banks made Internet companies they
will fail. In 2002, there were 10 investment banks settled the case for $1.4 billion. In 1998, CFTC
made a proposal to regulate derivatives. Phil Gramm left eh Senate, he became the Vice–Chairman
of UBS. Later, Larry Summers made $20 million as a consultant to relied on derivatives. In 2000,
the Congress passed the Commodity Futures Modernization Act, it banned the regulation of
derivatives. Between 2001 and 2003, mortgage loans increased. In 2000, there were increase of
risky loans called subprime. The U.S housing prices increased and doubled. The Securities and
Exchange Commission had no major investigations of investment banks. More the banks borrowed,
the leverage gets higher. In 2004, leverage limited on the investment banks. The world's largest
insurance company, AIG, sold huge quantities of derivatives called credit default swaps. Raghuram
Rajan made article about global meltdown and said more profits, more risk. Jonathan Alpert was a
therapist for clients who have high–level Wall Street executive. Kristin Davis had prostitution ring,
it was located near New York Stock Exchange. Borrowers had to borrow. 99.3 percent of prices of
the house. Goldman Sachs sold about $3.1 billion worth of CDOs. Paulson had sold his

Jp Morgan Background Summary
JPMorgan
Corporate Finance – Energy Investment Banking, Houston
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.2
trillion and operations in more than 60 countries. The firm is a leader in investment banking,
financial services for consumers, small business and commercial banking, financial transaction
processing, asset management, and private equity. A component of the Dow Jones Industrial
Average, JPMorgan Chase serves millions of consumers in the United States and many of the
world's most prominent corporate, institutional and government clients under its J.P. Morgan, Chase
and WaMu brands.
J.P. Morgan offers M&A advisory, capital markets, prime brokerage, restructuring, risk and ... Show
In the European marketplace J.P. Morgan is an active participant in most of the liquid physical and
financial power markets, including Germany, France, UK and Nordpool. With our sophisticated
operations platform, we have developed expertise in moving electricity across most European cross
border transmission networks. We have executed a broad range of sophisticated derivative
transactions, including cross–commodity power spreads (Coal/Power, Gas/Power), short–term
options, integrated tolling contracts and asset based financing.
Natural Gas Leading market maker in swaps and options Significant presence in NYMEX futures
and options Extensive geographic basis trading capability with over 40 locations actively traded in
North America Manage physical gas storage both physically and financially Active short & long
term physical and financial traders in most European gas hubs (UK NBP, Zeebrugge and TTF). We
also provide risk management solutions to North Sea physical gas producers, UK and continental
utilities and major gas consumers (steel, ceramics, gas and fertilizer industries) Work with J.P.
Morgan principal investments group to identify potential physical asset (storage, upstream assets,
transportation) investment
Assignments
As a Corporate Finance analyst in Energy Investment Banking, Houston, you will

bear stearns
SArajevo School of science and technology Bear Stearns Collapse 2007 A short analysis ISMAR
HOTA Table of Contents Introduction 3 Literature Review 3 Methodology 4 Analysis 5 Introduction
5 About Bear Stearns 6 The Culture at Bear Stearns 6 The Collapse of Bear Sterns 7 The Ethical
Issues behind the Bear Stearns Collapse 8 What are subprime mortgages and its Ethical Failures? 8
The Lack of Corporate Governance at Bear Sterns 9 Moral Hazard at Bear Stearns 10 Non Ethical
Conduct of the Regulators 11 Conclusion 11 Work Cited 13 Introduction This paper will presents the
demise of Bear Stearns, the fifth biggest US investment bank at the time. It is broken down into two
parts, analysis and conclusion. The analysis of this paper ... Show more content on Helpwriting.net
...
This matter is subject to a deeper analysis. It can be looked at from a number of perspectives
including anthropological, cultural and psychological. The paper design is presented in a form of a
case study which aims to present to the reader the case and has a goal to teach the reader with key
issues which were responsible for the financial crisis of 2008 i.e., over landing subprime mortgages,
speculations which led to inflated prices and eventually burst the housing bubble causing the banks
to be stuck with large amounts of toxic worthless assets etc. The case study gives a concise
explanation and the analysis of the ethical/unethical conduct at Bear Stearns which brought it to its
demise. It uses this company example to present the key learning objectives to the reader. The
strategy used this besides presenting the findings in the case study form also uses narrative research
technique which gives an insight of the Bear Stearns' culture and its business. This case study by no
means gives the opinion of the author and solely bases its conclusions on the materials used to
design the paper. Therefore, the conclusions are built upon deductive reasoning based on the
information available about the financial markets and bout Bear Stearns. Analysis The analysis is
going to briefly introduce Bear Stearns by presenting its business activities and its culture. It will
then talk about the collapse of Bear Stearns and then

Essay on Jp Morgan Chase
J.P. Morgan Chase Case Write–Up
I. Case Summary
The passing of the Financial Services Modernization Act of 1999 repealed the Glass–Steagall Act,
and the rescinding of the 1956 Bank Holding Company Act. "The legislation spurred a flood of
mergers and acquisitions" by permitting banking, insurance, and securities firms to be
affiliated/associated with one another, as a result it became extremely profitable and advantageous
for financial institutions to consolidate and diversify their holdings. In doing so a financial firm was
capable of offering a multitude of financial products and serviced through one encompassing entity.
The particular market segment that this case analysis discusses is the J.P. Morgan Chase credit ...
Show more content on Helpwriting.net ...
Because of the nature of the distinctiveness of the products offered, once a market niche is saturated
it because very difficult for competition to enter.
III. Factors Contributing to Strategic Issue
(a) Industry Analysis
Buyer (Very High Bargaining Power): The individual buyer segment is the largest of the three
segments of the credit card customer market. The threat that the buyers represent is their ability to
force prices and quality down. Furthermore, due to the plethora of alternative products the switching
cost for the customer is very low, as noted in this case, buyers possess a high bargaining power
which results in higher operating costs resulting in a deduction of profits.
Supplier (High Bargaining Power): Credit card companies are a part of a larger portfolio of
companies that are held by large commercial banks. As a result of mergers and acquisitions
investment banks entered into the credit card market sector. CCS comprised 29% of the earnings for
J.P. Morgan Chase's commercial banking division, where J.P. Morgan is the financial holding
company. Despite the fact that the credit cars sector has few players and is saturated, there are still
opportunities for growth, through international and portfolio expansion.
Substitute (High Threat Level): As the saying goes "Cash is king", showing that cash is always an
especially strong substitute. In regard to other credit products; the

The Future Of Investment Banking
The Future of Investment Banking
Investment banking is an industry that faces crisis in different forms. First, crisis of trust, which
implies that banks ' profit is more important that needs of their customers. Second, productivity and
efficiency crisis with stagnant revenue, increasing costs and low ROE. In order to solve the complex
challenges they face, the investment banks have to focus on transforming their business by being
more strategic.
Regulatory pressure, driving up costs, might lead to ROEs further fall. Moreover, clients become
less loyal and easily switch to new more nimble institutions that provide better services by
leveraging their technological advances.
Taking into account all aforementioned circumstances, ... Show more content on Helpwriting.net ...
(Ernst&Young, 2015). It is essential for capital markets institutions to upgrade technologies – in–
house or through joint ventures, strategic alliances or acquisitions of 'permitted' technology firms
that are closely aligned with banking – to make valuable operational and financial decisions.
(KPMG, 2015). Bank must also invest in technology preventing financial crimes and cyber threats.
Furthermore, investment banks can enable their staff to access necessary information to perform
their work more efficiently and support better connectivity with clients by using social media and
mobile technology. Technology will enable the bank to transform , to take control, to rebuild trust, to
drive efficiency and to become digital.
Client–centric approach
Trust in investment banks has generally been eroded due to a common perception that banks do not
operate in the interest of their clients. Not the least role in the erosion of relationship between banks
and their clients played the global financial crisis and attendant scandals. As the result, clients have
diversified their relationships and spread their business across various firms to manage the risk.
Moreover, the clients demand better services and are not willing to pay a premium.
To rebuild trust among clients, public and regulatory, investment banks must focus on their ultimate
target

Essay On A Career
Determining a career that will guarantee a person jobs is a hard deal to find in today's society.
Education is getting expensive to get and jobs require a lot of experience to pay you a good deal of
money. Many career have been failing due to new technology innovation and many career are high
in demand. People are unsufficient to decide whether to chose something they like or whether to do
that will make them earn more money. However, in all this career battle, we forget to ask one main
question: Are we happy with our career choices? This model of life is very twisted. What careers we
chose impact us for the rest of our lives. Therefore, we have to be careful and judgemental when it
comes to making these decisions. A person should only do what he or she would like to do;
therefore, they should find a career that helps earn more money and something that they enjoy
doing. Ever since I was a kid, I wanted to become a business entrepreneur like my father. In this
further essay, I will talk about why I chose this career, what is career requirements, and what are the
future goals for me in this field.
There are uncounted numbers of careers that are highly in demand, but like my father, I want to be
business investor. As growing up, whenever someone asked me that what I wanted to be?; I said
many different things at many different times. After watching some inspiring film, I picked up that
movie character and made his profession my career choice. However, those are all

Who Is Mary Callahan Erdoes?
"If you don't master money, it's going to master you." In Money: Master the Game Tony Robbins
interviewed 50 of the most influential financial minds (Schnall, M). With in these 50 people only
one woman was chosen, "Mary Callahan Erdoes is the CEO of JP Morgan Chase and is known as
the most powerful woman in finance. She's running one of the most profitable businesses at the
country's largest banking company and certainly did not get this far in her career without a plan. For
the past four years, she handled more than $2 trillion in assets for Chase's wealthiest elite customers.
She also helped the company survive many recent targets from regulators and a fairly large turnover
of C–suite executives". Faced with many challenges, Erdoes continues ... Show more content on
Helpwriting.net ...
Mary Callahan Erdoes would not likely be where she is today without facing challenges. All
companies make profit but that are also responsible for professional development for their
employees, innovative new products for their costumers and generosity to their communities
(Lawrence, A. T., & Weber, J). Mary Callahan Erdoes is Chief Executive Officer of J.P. Morgan
Chase, a global lender in investment management and Private banking with more than $2.2. Trillion
in assets under supervision. Bloomberg.com interviewed Mary Callahan Erodoes where she
mentions," you worry just as much about great performance as you do about underperformance. "So
we spend a lot of time making sure we know why we're getting great performance" ( KOPECKI, D).
Not only does it create profit but it also creates other values as well as their employees, customers
and communities. Mary Callahan Erdoes was born in August 13, 1967. Patrick Callahan, her father
was a former partner at an investment bank Lazard. Erdoes was the only women who complete a
mathematic major at Georgetown at that time. After receiving her bachelor's she was accepted to
Harvard business school where is completed her MBA. Mary Callahan

JP Morgan Chase Catastrophe
In the year of 2007, the Great Recession began. It all started at the bustling Wall Street. It was a
pandemic that brought dilemma to the businesses, to the employees and to the elated new home
owners. JP Morgan Chase was one of the major banks participated in falsifying the mortgage loans,
and they suffered consequences for what they did. The mortgage loans gave temporary joy but
longtime misery to home buyers. The federal government filed a lawsuit, and it reached a
settlement. The tragedy resulted to Global and Financial reforms. The mortgage loans were used in
risky businesses. Back in 2008, James Dimon, the head of JPMorgan Chase, disclosed mortgage
underwriting was terrible. Mortgage loans are assets that were exploited to make up collateralized
debt obligations. They were also destructively utilized in investing of the banks. The mortgages
seemed improved, and they were swiftly sold because the bank attuned the critical assessments
when an outside analysis exposed intense defects with thousands of home loans. In consequence,
millions of Americans were unable to put their homes on market because they had lost so much
worth as the housing market dropped. Gretchen Morgenson, writer from NY Times, dubbed the
loans as "poisonous." Due to the bank malpractices, they faced criticisms. From 2005 to 2008, the
bank confessed to a statement of facts that figured how it crashed to totally unveil the hazards of
buying uncertain mortgage securities. In March 2013,

Bear Steearns Essay
Bear Stearns was founded on May 1st, 1923, by Joseph Ainslie Bear, Robert B. Stearns and Harold
C. Mayer Sr., as an equity trading house with only $500,000 in capital. Bear Stearns became a
publicly traded company in 1985. As a global investment bank, securities trading and brokerage
firm, its main business areas were capital markets, investment banking, wealth management and
global clearing services. Bear Stearns was the 5th largest investment bank with two subsidiary hedge
funds, The High–Grade Structured Credit Strategies Master Fund and The High–Grade Structured
Credit Strategies Enhanced Leverage Fund Funds created in 2003 and 2006 respectively Funds
comprised of derivatives backed by home mortgages. The long successful history of Bear Stearns
took a turn for the ... Show more content on Helpwriting.net ...
A firm understanding of the events that led up to the financial crisis of 2008 is an essential learning
lesson to all Americans, the recession experienced in the United States was felt globally. The
collapsed of Bear Stearns was the beginning of a financial disaster that would take years to offset.
The fall of Bear Stearns was so important to the financial history of the American economy,
Professors at Harvard University developed a case study and in 2009 and began to teach the case
study jointly to first year finance and corporate leadership classes. In the 'Rise and Fall of Bear
Stearns' by Alan Greenberg he states "A very high proportion of Bear Stearns' personnel had
invested the bulk of their life savings in Bear Stearns stock. Liquidation would render the stock
worthless and put more than 14,000 people on the street." Ultimately, he collapsed did not only
affect the public and stakeholder's but even the very people who aided in this crisis. The effects were
absolutely

Research Investment Banking : Investment Bank
I have chosen to research investment banking. I chose this career because at the moment I do not
know which career I am going to choose to pursue. I do not have many passions but what I do know
is, I like money. When I was asking my dad for advice on careers he would ask my interests or what
I was good at and I would answer "I don't know" so he told me to choose something that can make a
lot of money. Investment banking seemed like a good option for that. An investment banker works
for a financial institution that helps companies, governments or agencies raise money. Investment
bankers also offer other services such as mergers and acquisition advice, or insights on how to
reorganize or open a spin–off. In smaller organizations that do not have a specific investment
banking arm, finance staff will often fulfill the duties that an investment banker would normally do.
Investment bankers mostly work at investment banks such as Goldman Sachs, Morgan Stanley,
JPMorgan Chase, Bank of America Merrill Lynch or Deutsche Bank. Investment banker's main job
is to assist in large, complicated financial transactions. These transactions include providing advice
as to how much a company may be worth or how to organize a deal if the investment banker's client
is considering an acquisition, merger or sale. Investment bankers also may have to issue securities as
a means of raising money for the client and creating the documentation for the company to go
public. The education

Lehman Brothers : Financial Crisis Essay
The Multimillionaire Men of Lehman Brothers
On September 15, 2008, Lehman Brothers filed for bankruptcy. With $639 billion in assets and $619
billion in debt, Lehman 's bankruptcy filing was the largest in history, as its assets far surpassed
those of previous bankrupt giants such as WorldCom and Enron. Lehman was the fourth–largest
U.S. investment bank at the time of its collapse, with 25,000 employees worldwide. The
consequences for the world economy were extreme. Lehman's ' fall contributed to a loss of
confidence in other banks, a worldwide financial crisis and a deep recession in many countries.
Lehman 's collapse roiled global financial markets for weeks, given the size of the company and its
status as a major player in the U.S. and internationally. Many questioned the U.S. government 's
decision to let Lehman fail, as compared to its tacit support for Bear Stearns, which was acquired by
JPMorgan Chase & Co. (JPM) in March 2008. Lehman 's bankruptcy led to more than $46 billion of
its market value being wiped out. Its collapse also served as the catalyst for the purchase of Merrill
Lynch by Bank of America in an emergency deal that was also announced on September 15.
At the height of the 2008 financial crisis, Mr. Lawrence G. McDonald wrote a book on the fall of
Lehman Brothers, entitled "A Colossal Failure of Common Sense." This book is a risk manager 's
guide to the right and wrong moves on Wall St., and explains why investors must stay ahead of
policies coming out

Glass Steagall And The Financial Crisis
Glass–Steagall and the Financial Crisis In May 2012 JP Morgan Chase and Co. stated to the public a
2 billion dollar trading loss, although evidence shows that the loss was far greater. A trader out of the
London branch of JP Morgan and Chase Co., Bruno Iksil, dubbed "London Whale," had been
accruing a huge bet on U.S. corporate bonds based on a flawed derivative or algorithm. He was so
confident in his bet that he sold his Credit Default Swaps (CDS), based on his hunch, which is
similar to insurance on your bonds if they default. Rival traders bought them, betting against Iksil.
The loss was gigantic. Similarly, prior to the great depression, banks were making large unsafe bets
which caused the stock market to eventually crash causing ... Show more content on Helpwriting.net
...
The Glass–Steagall Act was specifically fabricated to prevent the type of close interaction between
commercial and investment banks that preceded that imminent crash during the late 1920's.
Commercial banks are banks that accept deposits, secure loans and are insured by the Federal
Deposit Insurance Cooperation (FDIC). Investment banks, on the other hand, make riskier
speculative bets. They invest in stocks, bonds and engage in a variety of speculative deals with their
money. With investment and commercial banks being in such close quarters, the deposits in the
commercial banks can potentially be used for speculative activities because of the investment banks'
influence. Glass–Steagall provided separation with three main goals: (1) prohibit commercial banks
from owning securities brokerage firms (2) establish a temporary insurance program under the
federal reserve (3) prohibit paying interest on commercial checking accounts and put maximum
interest rate values on savings accounts. In July 2010, the Dodd–Frank Wall Street Reform and
Consumer Protection Act came into effect by identifying large financial firms that are intertwined
with the rest of the financial systems and increasing regulations on them to try and prevent failure
and possible bailouts. Roy C. Smith, author of The Dilemma of bailouts, states, "The legislative
process soon became

Theu.s. Justice Department And Jpmorgan Chase
It may not count as classic but it will count as epic in the history books when all is said and done. I
am referring to the negotiation between the U.S Justice Department and JPMorgan Chase. The fines
stem from illegal actions taken by JPMorgan Chase and by Washington Mutual (a bank purchased
by Chase in 2008) and Bears Stearns (purchased by Chase in 2008). The government investigated
so–called "toxic loans" made by all these companies prior to the 2008 financial crisis. They
provided loans to people who could not afford them at high rates and then bundled them and sold
them to investors without disclosing the riskiness of the initial loans. The bank was being
investigated under the Financial Fraud Enforcement Task Force. This group ... Show more content
on Helpwriting.net ...
The task force steering committee is made up of the Department of Justice, Department of the
Treasury, Department of Housing & Urban Development (HUD), and the Securities and Exchange
Commission (SEC). The investigators would also work with local authorities to "investigate and
prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate
financial crimes, address discrimination in the lending and financial markets and recover proceeds
for victims." (Justice News, 2008). Leading the investigators in the JPMorgan Chase case was U.S.
Attorney Benjamin Wagner. The Vice Chairman of the taskforce steering committee is Assistant
Attorney General Anthony West. He was one of the lead negotiators for the government in the Chase
case. Multiple states Attorneys General offices took part as many were involved in separate lawsuits
in their respective states against Chase for their business practices prior to the 2008 crises. After
making multiple offers via their lawyers, Chase President and CEO Jamie Dimon stepped in to the
lead the negotiations on behalf of his company instead of relying on outside agents or corporate
lawyers to represent the company. The outcome was one of the largest fines in history against a
single entity by the government. In fact until less than a

How Well Do You Think The Governance System Of Jpmorgan...
Strategic Management Case Study Assignment Question 1. How well do you think the governance
system of JPMorgan Chase is working in protecting shareholder interests? Corporate governance is
a set of actions used to handle the relationship between stakeholders by determining and controlling
the strategic direction and performance of the organization. Corporate governance major concern is
making sure that the strategic decisions are effective and that it paves the way towards strategic
competitiveness. (Hitt, Ireland, Hoskisson, 2017, p. 310). In today's corporation, the primary
objective of corporate governance is to align top–level manager's and stakeholders interest. That is
why corporate governance is involved when there is a conflict of interest between with the owners,
managers, and members of the board of directors (Hitt, Ireland, Hoskisson, 2017, p. 310–311).
There are three internal and one external governance mechanisms used for owners to govern
managers to ensure they comply with their responsibility to satisfy stakeholders and shareholder's
needs. First, ownership concentration is stated as the number of large–block shareholders and the
total percentage of the shares they own (Hitt, Ireland, Hoskisson, 2017, p. 317). Second, the board
of directors which are elected by the shareholders. Their primary duty is to act in the owner's best
interest and to monitor and control the businesses top–level managers (Hitt, Ireland, Hoskisson,
2017, p. 319). Third, is the

What Is Jp Morgan Chase
JP Morgan Chase is a member of several leading organizations that address environmental and
social issues in business. These include:
> Center for Climate and Energy Solutions (C2ES) Business Environmental Leadership Council
> Ceres
> United Nations Environment Programme Finance Initiative
> World Business Council for Sustainable Development
JP Morgan uses internationally recognized principles to assess environmental and social impact.
These include:
> The United Nations Universal Declaration of Human Rights
> The Wolfsberg Principles (anti–money laundering)
> The Equator Principles
> The Carbon Principles
> The Green Bond Principles
> The Extractive Industries Transparency Initiative
> United Nations Principles for ... Show more content on Helpwriting.net ...
Global Energy and Greenhouse Gas Reductions
In 2012, JPMorgan Chase achieved its goal to reduce its global GHG emissions by 20% from a 2005
baseline and has extended that target to a 50% reduction from the 2005 baseline by 2020. Their
Global Real Estate group applies best practices in energy efficiency, energy procurement, and
resource management throughout their global operations to reduce energy use and GHG emissions.
B. Paper Procurement
JP Morgan Chase believes strongly in the importance of ensuring that the paper they use is sourced
from sustainably–managed forests, which provide many significant long–term benefits for the
environment and local communities, including timber for paper and other wood products, ecosystem
services such as clean air and water, habitat for wildlife and biodiversity, and recreation
opportunities. As a result, they seek to maximize the use of paper that has been independently–
certified by the Forest Stewardship Council or Sustainable Forestry Initiative. Their primary focus is
on office copy–paper and customer–facing paper used in the daily operations of corporate and retail
branch facilities, as well as customer–facing paper including statements and

The Financial Industry: Bear Stearns
In 2008, the financial industry dominated the market. Bankers were giving themselves hefty bonuses
with which they purchased yachts, vacation homes, jets, cars, etc. "Finance is supposed to be a
service industry, an aid to the business of genuine wealth creation," says Sean Corrigan, who
oversees more than $8 billion as chief investment strategist at Diapason Commodities Management
in Lausanne, Switzerland. "Once we accord banks the sort of overblown importance they have
enjoyed this past quarter of a century, we become hostage to the megalomania of their executives
and head traders." (Gilbert, 2010) The unrestrained banking industry created so much wealth over a
ten–year period of time creating excess profits in the financial sector of ... Show more content on
Helpwriting.net ...
AIG was one of the world's biggest insurers. The insurance company provides life insurance and
retirement services, insurance products for commercial and institutional customers and mortgage
insurance. In 2007 AIG had $64 billion in AAA CDO contract debts. AIG continued to post losses
each quarter of near $20 billion for the next year. With $180 billion the government bailed out AIG
and took over the company, controlling nearly 80% of its stock and replacing management. The
Financial Crisis Inquiry Commission stated in January 2011 (FCIC report): "The Commission
concludes AIG failed and was rescued by the government primarily because its enormous sales of
credit default swaps were made without putting up the initial collateral, setting aside capital
reserves, or hedging its exposure – a profound failure in corporate governance, particularly its risk
management practices. AIG's failure was possible because of the sweeping deregulation of over–
the–counter (OTC) derivatives, including credit default swaps, which effectively eliminated federal
and state regulation of these products, including capital and margin requirements that would have
lessened the likelihood of AIG's failure" (The Financial Crisis Inquiry Commission,

The Success Of A Business Finance For A Large Fortune 500...
Coming into college, I was quite certain I would go into corporate finance for a large Fortune 500
company, and try to slowly work my way to the top of the company. I had aspirations of being a
CEO. As freshmen year ran its course, I developed an interest in banking. From what I read online,
the profession seemed to encompass everything I was looking for in a career. These interests
included a challenging, yet rewarding career, a heavy analytical/numbers focus, communication
driven, and extensive exit opportunities.
A challenging, and rewarding career has always been a requirement when planning my future. When
choosing a career, children are often told to do what they love. I knew from an early age that I liked
being challenged, and using ... Show more content on Helpwriting.net ...
Finally, working for two years as an analyst has some of the best exit opportunities available in
business. The door is open for me to transition to a private equity firm, a hedge fund, or stay with
the bank.
I plan on landing my first professional experience through the Investment Banking Workshop. The
workshop boasts an impressive 100% job placement. The difficult part is actually getting accepted
into the workshop. The application opens on January 1st, 2016. I will need to network with current
members of the club, and begin to prepare for the interview process. I have been working towards
the goal of entering the workshop since early freshman year. I believe I am on the right track, and
will put in all the work necessary to ensure the highest chance at success.
After gaining acceptance, I will network and prepare for my 1st semester junior year interviews to
gain an internship. Ideally, I would like to work for a bulge bracket bank. Bulge bracket banks offer
the best deal flow, along with superior exit opportunities. While I have these preconceived opinions,
I think my decision will be made based on gut–feeling while networking with the banks. Meeting
with actual employees, in my experience, has been the best way to know if I fit with the culture of
the bank.
After landing the internship, I plan to work extremely hard

Bear Stearns & Co Essay
CASE: Quality of Earnings #2 – Bear Stearns & Co
1. What is Blockbuster's amortization timetable? Do you think it is appropriate?
The amortization timetable of Blockbuster is 40 years. In my opinion as an investor's perspective, it
is not appropriate because of this is not as per the SEC standard of 5–7 years. 2. What would be the
impact on Blockbuster's 1988 earnings per share if 5 amortization were applied to this goodwill?
If the 5–year amortization were applied in its place of the 40–year timetable, then it is necessary for
Blockbuster to identify the goodwill in larger amounts. This would increase tax liability of
Blockbuster, which would have represented a loss of $0.09 (0.58 – 0.49) per share | 1988 | 40 Yrs. ...
Show more content on Helpwriting.net ...
Over what period does BV depreciate its "base stock" videotapes?
Blockbuster depreciates its "base stock" videotapes over 36–month, using a straight–line
amortization period. 5. What was the effect on earnings per share of the change in depreciation
method for 'hit" tapes (assume that hit tapes made up 25% of new tape purchases, and that the
average hit tape was owned for half the year)?
If the depreciation method changes from straight–line method to accelerated method then,
depreciation expense would be increase and net income would decrease. The EPS ratio would
represent a loss of $0.19 per share.
EPS = (Net Income – Dividend on preferred stock)/Average Outstanding Share | 1988 | 1987 |
Videocassette rental inventory | 76,390,000.00 | 19,600.00 | Less: Accumulated amortization |
(16,096,000.00) | (3,211.00) | Videocassette rental inventory Book Value | 60,294,000.00 | 16,389.00
| New Tape Purchase | 76,373,611.00 | | New "hit" Tape Purchase | 19,093,402.75 | | Depreciation
Under Previous Method for "hit" | 12,728,935.17 | | Depreciation Under New Method "hit" |
3,182,233.79 | | Net Income Before Taxes (before Adjustment) |

Research Paper On Bear Stearns
A brief introduction
Bear Stearns was based in New York and was one of the world's largest investment banks,
Securities trader and brokerage firm. It is primarily involved in capital market activities, including
Stock, bond trading and investment banking (80%); wealth management (8%). And the World
Clearing services.
The company was founded as a stock trade house in 1923 by Joseph Bear, Robert Stearns,
And Harold Mayer. Company survived the collapse of Wall Street in 1929 and opened its first
branch
Office in Chicago in 1933, and established himself at a later time in 10 other US cities. It opened
abroad
Office in 1985 in Amsterdam and eventually expanded to 12 sites covering Europe, Asia,
And South America.
The primary customers include companies and financial institutions, hedge funds, governments,
And individuals. Included company's corporate finance, mergers and acquisitions,
Institutional equities and fixed income sales and trading, research, and private wealth management
Financial services, derivatives, foreign exchange and futures trading, asset management and custody
Services. Through the main subsidiary, Bear Stearns Securities Corporation, that it had conducted
the world
Clearing services to broker dealers and professional traders and a large lender security.
By the end of 2007 the balance sheet showed $ 395 billion in assets ... Show more content on
Helpwriting.net ...
that together managed some $20 billion, High Grade Structured Credit Strategies Enhanced
Leverage Fund and High Grade Structured Credit Strategies Fund, found themselves on the losing
side of their subprime bets (Made in the form of investments in CDOs)., consists of complex
derivatives backed by mortgages The first one is three years old, and had 40 consecutive months
without a loss., but as the housing market began to stutter in late 2006 suffered returns. It has been
collected in this fund 35 times the money invested

Bear Stearns Research Paper
The day Bear Stearns fell was one of the worse financial upsets of our time. As a major American
investment company, they ran out of money. Bear Stearns was definitely one of the most exposed to
the subprime mortgage crisis after being hit hard in the summer of 2007 when two of its hedge funds
crashed. The Federal Reserve and JP Morgan Chase orchestrated an extraordinary rescue attempt
that allowed Bear Stearns to borrow emergency money to stay alive and steady. Consequently, in an
effort to prevent a crisis on Wall Street. The nation's central bank, the Federal Reserve, backed the
loan helping to prevent the collapse of Bear Stearns and to stabilize the financial market. The
Federal Reserve and JP Morgan Chase extended an immense line of credit to help Bear Stearns stay
afloat. In a matter of one–week Bear Stearns went from $70 to $2 a share. The Federal reserve, JP
Morgan Chase and Bear Stearns pulled off what usually would take months, took only a weekend
before the market reopened on Monday. Ultimately, selling Bear Stearns to JP Morgan Chase for $2
a share (Greenberg and Singer, 2010). ... Show more content on Helpwriting.net ...
Stearns and Harold C. Mayer Sr. on Tuesday, May 1, 1923, as an equity trading house with only
$500,000 in capital. In today's dollars that would equate to approximately $6.1 billion. During the
time the firm was founded Joseph Bear was 45, Robert Stearns was 35 and Harold Mayer Sr. was
28. The Bear Stearns Companies, Incorporated was based in New York as a global investment bank,
securities trading and brokerage firm. Its main business areas were capital markets, investment
banking, wealth management and global clearing services (Greenberg and Singer,

SWOT Analysis of JP Morgan Chase

Recommended

Recommended

More Related Content

Similar to SWOT Analysis of JP Morgan Chase

Similar to SWOT Analysis of JP Morgan Chase (6)

More from Brenda Higgins

More from Brenda Higgins (20)

Recently uploaded

Recently uploaded (20)

SWOT Analysis of JP Morgan Chase