...Elements Comprised in JP Morgan Chase & Co Capital Structure JPMorgan Chase & Co. is a financial holding company, which provides financial and investment banking services. It offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure; capital rising in equity and debt markets; sophisticated risk management; market making in cash securities and derivative instruments; and prime brokerage and research. It also offers investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. JPM has an institutional holding of 75.26% overall, consisting of 2,499 total share holders,...
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...FI 575 2011 FINANCIAL STATEMENT ANALYSIS J P MORGAN CHASE Vs. CITIGROUP TO : PROF FRANK OWARISH BY : RAYAN SEQUEIRA ZHOUXIA WANG HOMAR WRIGHT DARA SIU WAN HO TABLE OF CONTENTS EXECUTIVE SUMMARY 3 INDUSTRY BACKGROUND 4 COMPANY PROFILE 6 RATIO ANALYSIS 8 ANALYSIS OF OPERATING ACTIVITIES 9 ANALYSIS OF INVESTING ACTIVITIES 11 ANALYSIS OF FINANCING ACTIVITIES 13 COMMON SIZE ANALYSIS 19 DEBT AND EQUITY FINANCING 20 INDUSTRY STANDARDS 22 FUTURE PROSPECTS 23 CONCLUSION 26 REFERENCES 27 APPENDIX 28 Page 2 of 33 EXECUTIVE SUMMARY The financial statement analysis of JP Morgan Chase and Citigroup has been conducted and compared with each other to understand how one is performing in relation to the other. Further, the two companies are also compared against the industry standards to know their positions. Since the two companies operate in the banking industry, they have similar components in their financial statements, which facilitate better comparison of their financial health. For the purposes of the analysis, we have considered the cash flow statements, balance sheet, income statement and the notes to the 10K. Further, the ratio analysis has also been conducted to assess its financial efficiency. JP Morgan Chase used in approximately $3.752 billion cash in its operating activities while the Citigroup provided for $35.686 billion cash for its operating activities....
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...Statement------------------------------------------------------------------------3 Industry and Competitive Analysis Industry Dominant Economic Features-------------------------------------------------------------4 Porter’s Five Competitive Factors-------------------------------------------------------------------4 Key Success Factors-----------------------------------------------------------------------------------6 Driving Forces------------------------------------------------------------------------------------------8 Industry Competitors-----------------------------------------------------------------------------------9 Strategic Map-------------------------------------------------------------------------------------------10 Strategic Position Hambrick Model---------------------------------------------------------------------------------------12 SWOT Analysis----------------------------------------------------------------------------------------14 Company Competitive Strategy----------------------------------------------------------------------17 Leadership and Corporation Culture-----------------------------------------------------------------19 Company Resources and Competencies-------------------------------------------------------------21 Competitive Strength Assessment--------------------------------------------------------------------23 Financial Performance---------------------------------------------------------------------------------23 Stock Over...
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...IRAC Brief: JP Morgan Chase Settles the London Whale This is a case study analysis of a current legal case regarding the governance principles of regulatory compliance and the methods used to manage risk arising. The briefing of this case will utilize the IRAC method of case analysis to give a breakdown on the case of JP Morgan Chase on regulatory violations and risk management. The IRAC method will address I - Issue, R - Rule, A - Analysis, and C - Conclusion which will provide a researched assessment of the trading loss violations on this case. Please read and review this analysis of the case utilizing IRAC method of case analysis. Issue JP Morgan Chase permitted traders in its London office to allocate magnified values to transactions and cover up huge losses as they continued to explode. Two traders could face criminal charges for fabricating records to cover up losses. JP Morgan’s charge to the $6 billion oversight in trading loss is the first for a main company since the Securities and Exchange Commission revised its practice of letting firms pay fines without admitting fault. An admission by JPMorgan could provide a pattern for pursuing other admissions in Wall Street cases. The Justice Department is aggressive in getting JPMorgan to admit that from 2005 to 2007, it sold mortgage securities to investors without fully warning of the risks. By wanting the bank to admit some responsibility, officials hope it will caution other corporations to double check before taking...
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...Business Analysis Part II Megan Exantus MGT/521 September 28, 2011 Laurie Ryan Business Analysis Financial statements are made to show a company’s financial position, performance, and changes that will be made throughout the company that may deter any economic decisions. Financial statements should be understandable, relevant, reliable and comparable. Reported assets, liabilities, equity, income and expenses are directly related to an organization's financial position (Baird, 2007). We will now evaluate the financial health of Bank of America and how it looks compared to previous years and make a prediction on coming years. This should demonstrate the financial strength and weakness of the company. We will also compare Bank of America’s financial statements to JPMorgan & Chase and Wells Fargo to see how each bank compares relatively to the other financially. After review of each of the financial statements, much of which will be gained by looking at the pros and cons of each statement, such as what strategies are used from these statements in moving forward. Not only will we establish a broader range on how these banks really look financially, we will investigate their approaches on a technological level and how they differentiate from another and how they relate. Globalization has taken over a wide range of businesses nationwide, we will take a step closer into seeing how it has affected Bank...
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...[pic] BB&T BANK ANALYSIS REPORT FINA 280 FINANCIAL INSTITUTION MANAGEMENT & MODELING William C. Handorf, Ph.D. June 28, 2008 Washington, DC Content 1. INTRODUCTION ………………………………………………..…………………3 2. BB&T ……………………….……………………………………………………….4 3. US ECONOMIC OVERVIEW ……………………………………………………12 4. BB&T Bank …………...……………………………………………………………14 5. Conclusion…………………………………………………………………………..41 6. Questions to Management………………………………………………………….42 1. INTRODUCTION The purpose of this report is to analyze the financial operations and financial conditions of BB&T Bank by evaluating financial, economic and market information available for the period from 2000 to 2008. This paper attempts to address key strengths and weaknesses of the bank from a regulatory, financial, and credit market perspective. In order to make assessments and calculate required ratios, statistics and correlations, we mainly review the Uniform Bank Performance Report (UBPR) of the bank and publicly available financial data. Besides BB&T Bank the paper also attempts to analyze the performance of the holding company, BB&T Corporation (NYSE: BBT). Section 2 briefly overviews the holding company - BBT - and its financial analysis. Section 3 provides an overview of the US economy as a backdrop to the financial performance of the bank. Section 4 uses the CAMELS methodology (Capital, Asset Quality, Management, Earnings, Liquidity and Sensitivity) to identify the key strengths and weaknesses...
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...Reginald Smith 11/17/2012 Course: Advertising Management Instructor- Elisabeth Powers Week 3 Advertising Plan First Draft Situational Analysis Company (Product/Service) Description. The firm JP Morgan will launch a anew banking and financial initiative called Latin-Finance in Manhattan New York solely for the purpose of test marketing. The consumer group will be Latinos and Hispanics of all ages who live in NYC but want personal and business loans for economic opportunities mainly in the Manhattan borough. The firm has 50% of Manhattan banking market deposits or 334 billion of 650 billion in. While Latinos & Hispanics make around 28% of NYC population and around 25% of Manhattan brought, the account for less than 10% total banking deposits in Manhattan, have the lowest home ownership rate below 10% and virtually no access to business and personal loans $5000 or more and make only 30% of the income as Whites, have lowest marriage rate, lowest education attainment rate, and is seeing their share of population shrink as high cost of living push them out of the city. The company JP Morgan Latin Finance will be established as a wholly owned subsidiary operation and have its own office in located in Mid-town Manhattan. The building will be huge and newly construction at 5-6 million square feet and will cost 6-10 billion dollars for construction, interior design, technology, getting the staffing set up, and dealing with the city legal and political oversight and requirements...
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...Accounting Information Systems and Computer Audit & Controls Kevin G. Bullock Wilfrid Laurier University Alexander Brik - 110882860 Aman Smagh – 110257570 Jack Welton – 100791540 Zaid Iqbal – 110184970 Synopsis of the Case In April and May of 2012, JP Morgan Chase & Co. incurred major trading losses of $6 billion dollars. However, JPMorgan’s financial statements represented these losses as only $2 billion. The losses were the result of risky bets taken in the credit markets by a trader named Bruno Iksil. Iksil worked at JP Morgan’s London office, and made extremely large trades in the credit markets. Because of this, Iksil earned the nickname “London Whale,” and this entire scandal is referred to as the “London Whale Scandal.” In the worlds of finance and gambling, whales are people who “play” with very large sums of money. This debacle started in JP Morgan’s Chief Investment Office (CIO), in the London branch of the firm. CIO’s are central to any major bank. Their purpose is to invest the difference between deposits the bank has on hand from its customers and the credit lent out to borrowers. This difference is called the bank’s reserves. With $1.1 billion in deposits and $750 billion on loan, JP Morgan’s CIO handled assets in excess of $350 billion. In theory, CIO’s are supposed to keep the reserves safe and to protect them against inflation. However, in reality, most CIOs will enter into more risky investments in order to earn higher returns. This is what...
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...parameters and difficult work to make a idea a working business. This paper will provide a comprehensive analysis into one of the largest financial institutions in the United States JP Morgan Chase and Company. These topics include the following: 1. The History of the firm. 2. The Environment of the Business. 3. The Business operations tactics of the firm. 4. The Human Capital of the firm. 5. The Marketing and Pricing tactics of the firm. 6. The Distribution and Promotional tactics of the firm. 7. The Investor Relations of the firm. Business History Whether, it’s John D. Rockefeller and The Standard Oil Company, Andrew Carnegie and Pittsburgh steel industry, or the railroad tycoon Cornelius Vanderbilt. Most of us in business are truly fascinated by the accomplishments of individuals and the companies they founded that became such great American institutions of finance and industry. So we as spectators and future entrepreneurs always want to know the four W’s when inquiring about the origins of a great businesses such as the aforementioned. Who, What, When, Why? But we also want the most important HOW? How did they become titans of industry that they are. Provided in this topic will be answers to these questions and more in this description of JP Morgan Chase and Company. The origins of JP Morgan Chase can be traced back to the late 1790’s when then United States Senator Aaron Burr founded The Bank...
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...FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION MNEs, JVs, and M&As Osho Aquila Adeolu Student number: 2302887 Mergers and Acquisitions, Case Study: JP Morgan Chase &Co Oulu Business School 2013 1 Table of Contents 1 INTRODUCTION ............................................................................................................................... 2 2 HISTORY AND THE M&A PROCESS ............................................................................................. 3 2.1 History .......................................................................................................................................... 3 2.2 The M&A process ......................................................................................................................... 3 3 MOTIVES OF M&A ........................................................................................................................... 5 3.1 Challenges and human side during the merger process ................................................................ 6 3.2 Strategy used by JP Morgan Chase in solving some challenges ................................................... 7 3.3 The success factor of JP Morgan Chase Merger ........................................................................... 8 4 CONCLUSIONS................................................................................................................................ 10 References ................................
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...FISV 3040 Money & Capital Market Research Paper On Financial System Reform Presented to Professor Jean Holt October 29, 2015 Prepared by Yi Que Abstract: 1998-2013: An Analysis of the Tangible and Intangible Costs of Financial Regulatory Reform and Deregulation (The Financial Institutions Deregulation and Reform Act 1999* and the Dodd-Frank Act 2010) on United States Capital Markets and Institutions as measured by Debt Loan Types and Bank Profitability. Key words: Glass-Steagall Act, Financial Institutions Deregulation and Reform Act, Dodd-Frank Act, investment bank, financial statements. II. Table of Content I. Cover Page1 II. Table of Content2 Abstract, key works2 III. Introduction3 IV. Statement of Problem5 V. Background12 V. Results from Research & Summary13 VI. Works Cited 14 III. Introduction United Sates financial reform dates from the last century, in 1930s’ Great Depression. To have a brief talk about US financial reform, which is a long and arduous project. Aim to reach the goal that has to include three important acts: Glass-Steagall Act, Gramm-Leach-Bliley Act, and Dodd-Frank Act. Throughout history, the financial system in US has experienced the mixed operation and separated operation processes, as well as various financial institutions and regulatory authorities continue to be perfected. US financial reform and innovation continue to promote the US economy continues to develop and progress. Next, I will briefly introduce each act in the basic...
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...Introduction Customer satisfaction in the banking industry revolves around receiving a positive feedback regarding aspects such as staff conduct, credibility, communication and access to banking services whether through online banking or teller services. These factors represent the final dimensions of service quality that satisfy the customers. There are also the intangible aspects of the staff-customer interface. These intangible aspects include the implementation of a helpful, caring, and friendly and a committed approach among the members of the bank staff. Indeed, a positive experience in the area staff-customer interaction was the key to maintaining a high level of customer satisfaction. In a way, the bank customers respond positively to the customer-oriented, high-touch, and an intangible service quality criteria in an age of increased automation. The Chase Bank acknowledges that the critical dimensions of bank service quality and their implementation in practical business terms varies as the customer profiles and customer experiences evolve. Some studies have found that bank service quality expectations vary by segments and by countries (Arasli et al., 2005), and by time. It is possible that the saliency of bank service quality dimensions may be situational and may also adapt as the context changes. The ‘speed of service’ reflects differences resulting from both customer characteristics and exposure to high-tech banking practices. For example, a customer-Oriented...
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...Business Analysis II To be a successful business, strategic planning must occur. Businesses do not survive long without the ability to successfully manage finances. Companies must monitor processes against the plans and make adjustments as necessary. It is necessary to review and balance financial statements often. Financial management is a comprehensive tool that monitors and can improve a company’s success. These conditions may adversely affect consumers, mortgages, investments, investment banking, etc. The following financial analysis is based on comparisons for 2010 balance statements (entire year) for Bank of America, and Wells Fargo, and JPMorgan and Chase Co. Bank of America is one of the world's largest financial institutions, serving individual consumers, small-and middle-market businesses, and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 58 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,800 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions, and individuals around...
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...Unum Corporation Nylor P. Coleman STR/581 April 20, 2015 Mary MacDonald External and Internal Analysis for the Unum Group The purpose of this paper is to complete the external environmental scan of Unum, perform an internal environmental scan, and assess the company’s competitive position and possibilities. According to "Unum Group To Present At The JP Morgan Insurance Conference" (2015), “Unum Group (www.unum.com) is a leading provider of financial protection benefits in the United States and the United Kingdom. Its primary businesses are Unum US, Colonial Life and Unum UK. Unum’s portfolio includes disability, life, accident and critical illness coverage” (About the Unum Group). The Unum group has three campuses: Portland, Maine, Chattanooga Tennessee, and Columbia South Carolina. External Environmental SWOT Analysis |Strengths |Weaknesses | | | | |Nationwide Business |- Nationwide Brand Recognition | |Product Line | | | | ...
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...JP MORGAN CHASE BANK N.A. AND ITS ORGANIZATIONAL CHANGES FOR THE GOOD OR BAD? Analyze a change effort in the organization. What went well? What went wrong? What should they have done? COMPANY HISTORY AND OVERVIEW……………………………………1 ORGANIZATIONAL ISSUE…………………………………. EXTERNAL THEORIES/OPINIONS…………………………………………….. INDEPTH ANALYSIS………………………………………… SOLUTIONS……………………………………………………. PERSONAL REFLECTION………………………………………………………………. COMPANY HISTORY AND OVERVIEW: JP Morgan Chase Bank dates back to 1799 when its earliest predecessor was chartered in New York City. There have been many mergers and acquisitions throughout the years that shaped what the company is today. The company is built on the foundation of more than 1200 predecessor institutions. Its major heritage firms — J.P. Morgan, Chase Manhattan, Chemical, Manufacturers Hanover (in New York City) and Bank One, First Chicago, and National Bank of Detroit (in the Midwest) were each closely tied, in their time, to innovations in finance and the growth of the United States and global economies. In 1991, Manufacturers Hanover Corp. merged with Chemical Banking Corp., under the name of Chemical Banking Corp., then the second-largest banking institution in the United States. In 1995, First Chicago Corp. merged with NBD Bancorp., forming First Chicago NBD, the largest banking institution based in the Midwest. In 1996, The Chase Manhattan Corp. merged with Chemical Banking Corp., under the name of The Chase Manhattan Corp., creating...
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