Derivatives Analysis (2015 Term 1B) – Project Report Group Member: Zhou Xu Gu Hui Chen Fengyun Deng Xinping Yuan Zhongping Guan Tingting Lee Kong Chian School of Business Singapore Management University 5 November 2015 Table of Contents 1. Introduction 3 2. Background 3 2.1 Amaranth Overview 3 2.2 Natural Gas Market 4 2.3 Events in September 2006 5 3. Trading Strategy 7 3.1 Basic Strategy 7 3.2 Rationale for the Strategy 8 4. Risk Management 10
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Assignment five: Persuasive paper part 3: possible Disadvantages, Answers, with Visuals Marc Fiston Professor: Susan Sgroi English 215 Strayer University September 3rd, 2014 Topic: should regulations regarding the use of cell phones while driving be standardized? The use cell phones have spread like wild fire in the last ten years. It has become a part of everyday life for many Americans citizens, and a good number of people depend on them to carry out daily operations. Unfortunately
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standard for the preparation of public company financial statements (AICPA). The IFRS are currently implemented in ninety countries throughout Europe, Asia, and South America, and in coming years, the United States of America may added to the list. JPMorgan Chase, America’s largest bank, has shown hesitation of implementing the judgment-based International Financial Reporting Standards for several reasons, a main one being the complexity of switching a multi-trillion dollar company’s accounting standards
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April 7, 2013 Jamie Dimon, Chief Executive Officer JPMorgan Chase 270 Park Avenue New York, NY 10017 Dear Mr. Dimon, You’re Fired! Hiring the wrong person costs the company time and money, firing them just adds to that cost. Finding the right person to fill a position is not always easy. Think about it this way: the time, money and countless hours your company spends on hiring employees only to find they were not the right fit for your company. Has your company given a seemingly motivated
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JPMorgan Chase. Chartered in 1799, JPMorgan Chase which began as The Manhattan Company was founded by Aaron Burr. Ranked number 16, JPMorgan Chase is a Fortune 500 company that offers financial solutions to clients in more than 100 countries. Having $2.5 trillion in assets and $108 million in revenue; JPMorgan Chase is the largest bank in the United States and has been in business for more than 200 years. Services provided by JPMorgan Chase are asset management, investment banking, private banking
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Effects on management Merger & Acquisitions (M&A) term explains the corporate strategy which determines the financial and long term effects of combination of two companies to create synergies or divide the existing company to gain competitive ground for independent units. A study published in the July/August 2008 issue of the Journal of Business Strategy suggests that mergers and acquisitions destroy leadership continuity in target companies’ top management teams for at least a decade following
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Pros: We already know that JPMorgan Chase bank has served Merit for many years. The $4 billion loan can come quickly from JPMorgan Chase by gathering a group of banks together. As an investment bank it can help Merit raise capital, and engage in trading and market making activities. Because of their good relationship with the bank merit can negotiate to obtain a low interest rate. The business will stay private. (Montoya, D, and Media, D. (n.d.)). The cons: JPMorgan has served with Merit for many
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Derivative Losses at JPMorgan Chase LaVita Rodriguez Business Government and Society Case Study: Derivative Losses at JP Morgan Chase 1. Does this case indicate that JPMorgan and the federal government were in a collaborative partnership or working at arms length? Why do you think so? In a collaborative partnership the government works closely with organizations in efforts to achieve a common objective that is mutually beneficial. Working at arm’s length is the opposite of a collaborative partnership
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1:01 AM ET Lawsuit alleges the bank took extreme measures to defraud investors, and now JPMorgan may be on the hook Former Bear Stearns mortgage executives who now run mortgage divisions of Goldman Sachs, Bank of America, and Ally Financial have been accused of cheating and defrauding investors through the mortgage securities they created and sold while at Bear. According to e-mails and internal audits, JPMorgan had known about this fraud since the spring of 2008, but hid it from the public eye through
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Chemical Banking Corp. ● In 1998, Banc One Corp. merged with First Chicago NBD ● In 2000, J.P. Morgan & Co. Incorporated merged with The Chase Manhattan Corp. ● In 2004, Bank One Corp. merged with J.P. Morgan Chase & Co. ● In 2008, JPMorgan Chase & Co. acquired The Bear Stearns Companies Inc. ● In 2010, J.P. Morgan acquired full ownership of its U.K. joint venture, J.P. Morgan Cazenove JP Morgan Chase & Co. Recent Issues JP Morgan Chase & Co. serves its customers under the
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