Synopses Of Jp Morgan Chase Essay

1052 words - 4 pages

Synopses of JP Morgan PAGE 1
Running head: SYNOPSES OF JP MORGAN CHASESynopses of JP Morgan ChaseMMPBL/590 - Strategies for Competitive AdvantageUniversity of PhoenixSynopses of JP Morgan ChaseRemote Environment: Social FactorsJP Morgan Chase practices societal analysis to assess the environmental risks associated with cultural and climate change that could inadvertently affect their financial investments. "The social factors that affect a firm involve the beliefs, values, attitudes, opinions, and lifestyles of persons in the firm's external environment, as developed from cultural, ecological, demographic, religious, educational, and ethnic conditioning" (Pearce & Robinson, 2004). This company has become an advocate for investing in the recent trend of environmental effects of greenhouse gas emissions associated with global warming. "While there remains uncertainty regarding the severity of impacts, we believe that it is appropriate to adopt a precautionary approach to climate protection by working to reduce greenhouse gas emissions today" (JP Morgan Chase, 2010, p. 1). The frequent use of energy from daily activities supplied and demanded for basic human consumption as well as energy production organizations has caused an effect on the environmental ozone. Because of the large number of greenhouse gases contributing to global warming, JP Morgan Chase believes it is their social responsibility to contribute to the cause of reducing the level of greenhouse gas emissions with their environmental committee. "While there remains uncertainty regarding the severity of impacts, we believe that it is appropriate to adopt a precautionary approach to climate protection by working to reduce greenhouse gas emissions today" (JP Morgan Chase 2010, p. 1). In an attempt to make the public more aware of the environmental effects of greenhouse gases, JP is dedicated to investing in alternative energy solutions. "We believe we cannot accomplish significant reductions alone; we need the support of our clients, as well as public policy that establishes certainty for investors and allows significant investments in greenhouse gas mitigation" (JP Morgan Chase 2010, p. 1). This organization is a benefactor in investments in combination with contributing to building sufficient housing communities, educational access as well as the labor force in an effort to improve on societal conditions. "We will continue to seek investments in low-income "green" housing that conserves energy and natural resources, promotes health, and provides easy access to jobs, schools, and services" (JP Morgan Chase 2010, p. 1). This social trend is extremely important to this organization because it is an investment of the long-term goals as well as a means of giving back to the communities in which they operate.Remote Competitors: Contending ForcesJP Morgan Chase competes in a financial industry, which is dominated by organizations with substantial resources that have been in operation for...

Find Another Essay On Synopses of JP Morgan Chase

The Legacy of JP Morgan Essay

3859 words - 15 pages In 1871, the banking house of Drexel, Morgan & Co. was established by John Pierpont Morgan. "Twenty four years later it was renamed J.P. Morgan & Co., which it was to remain until the firm's purchase by Chase Manhattan in 2000. (Hughes 23) At this point, Chase Manhattan was the largest banking company in the United States. This was a far cry from the 1980's when Morgan "boasted the largest market capitalization of any American bank and was more

Portfolio Selections Report – J.P. Morgan Chase & Co - University of Houston-Victoria - Research Paper

4555 words - 19 pages JP Morgan Chase & Co 1 School of Business Administration University of Houston – Victoria Portfolio Selections Report – J.P. Morgan Chase & Co FINC 6362 - Financial Institutions and Markets Soltan Matchanov Table of Contents Abstract 3 Background Information 4 Types of Deposits Used to Obtain Funds 5 Main Uses of Funds 6 Potential Regulations Affecting J.P. Morgan Chase & Co. Performance 7 J.P. Morgan Chase & Co. Insurance Services 10 J.P

Fraud in JPMorgan Chase

624 words - 3 pages National Bank of Detroit. Since JP Morgan & Company and Chase Manhattan Corporation have joined together they have become very successful, even considered the largest bank in America by some. However, recently JPMorgan Chase has agreed to pay more than $2 billion on Tuesday to settle criminal charges that the bank turned a blind eye to the largest financial fraud in US history. Former stockbroker, financier and investment broker Bernard

Slavery Reparations

1031 words - 5 pages with the city, such as banks, insurance companies, bond underwriters and other financial vendors, to research their history and determine any links with slavery. One major business that was forced to research their history is JP Morgan Chase and Co., the nations second largest bank. JP Morgan Chase was the first company to acknowledge their links to slavery. Two of JP Morgan Chase’s predecessor banks, Citizens Bank and Canal Bank, accepted slaves

Forces and Trends Research

804 words - 3 pages subcategories: factors in the remote environment, factors in the industry environment, and factors in the operating environment" (p. 78) This paper will analyze six different organizations - the United States Air Force, Barrick Gold Corporation, Kimberly Clark, Starbucks, JP Morgan Chase, and XX - in order to understand some of the forces or trends which may impact the future of their operations. The authors will also examine the concept of

The Failure of Washington Mutual

999 words - 4 pages was acquired by JP Morgan Chase for $1.9B. As a result of this transaction, Chase acquired the multiple top market positions with the large number of branches, credit cards, and ATMs involved. The Fed’s reaction to this was to act as a financial intermediary with respect to the sale. The FDIC and OTS sought to keep the depositors protected, but there were also come controversy regarding the sale. The FDIC sought the sale to minimize the

JPMorgan - Corporate Social Responsibility

1689 words - 7 pages is the second largest hedge fund in the United States. JPMorgan Chase & Co, as they are now known, was formed when Chase Manhattan Corporation merged with JP Morgan & Co in 2000. Corporate headquarters are located in Manhattan, New York City, New York in 270 Park Avenue while the retail and commercial bank is headquartered in Chase Tower located in Chicago Loop, Chicago, Illinois. JPMorgan Chase is amongst the big four banks in the U.S. with Bank

Demographic Factors Research

2268 words - 9 pages the largest financial institutes in the United States. They encourage the workers to do the best he or she can do. The workforce at JP Morgan Chase of White, Black/African American, Hispanic/Latino, Asian, American Indian/Alaska Native, Native Hawaiian/other Pacific Islander and Two or More Races. Approximately 59.3% is made up of female workers. Chase strives to create a more inclusive work environment that draws on and develops the best talent

Inside Jobs

639 words - 3 pages risky investments. In 1999, this caused congress to pass on Gramm-Leach-Bliley Act to prevent future merges. Afterwards, when George W. Bush took office in 2001. Deregulations moves forward allowing the linking of the dominating industries such as Golden Sachs, Morgan Stanley, Citigroup, JP Morgan, etc. created a new system were lenders sold the mortgages to investments banks and they combined thousands of loans to create complex derivatives

Whalen v. J.P. Morgan Chase

1065 words - 4 pages feel their jobs are incorrectly classified, and they should be eligible to receive overtime pay. The case below is an example of a legal action filed against employers. These cases are increasing across the country as employer look for ways to augment their payrolls and main production cost. Whalen v. J.P. Morgan Chase The case of Andrew Whalen an employee for JP Morgan Chase, involves a conflict with the FSLA overtime exemption provision. The

Crimes Against Business

755 words - 4 pages try to hide their illegal activities. According to INTERPOL, money laundering is defined as “any act or attempted act to conceal or disguise the identity of illegally obtained proceeds so that they appear to have originated from legitimate sources”. In this case, the defendants would would recruit a person known as a “Body” to open a fraudulent small business account which would be opened under a bogus business name with JP Morgan Chase Bank

Similar Essays

Jp Morgan Chase Bank Essay

2050 words - 9 pages JPMorgan Chase is one of the largest and best known banks in the banking industry. JP Morgan Chase is a global financial service firm with operations in over 50 countries. With a CEO who is known as one of the banking industries top leaders it is obvious why they are in the top 10 of the fortune 500. Although JP Morgan Chase bank is one of the leaders in the industry I believe they are a long way away from being the most innovative bank around. Banks

Jp Morgan Chase Catastrophe Essay

815 words - 4 pages 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

White Collar Crime At Jp Morgan Chase

1294 words - 5 pages . Steffelin the companies’ advisor, “was charged with civil securities fraud in the case (3).” For the rest of JP Morgan Chase they claim to have no knowledge of this and they do not, tolerate anticompetitive activity (3).” Earlier this January, JP Morgan was suspected of committing home insurance fraud along with a few other major banks. They are being accused of steering, “distressed homeowners into insurance policies up to 10 times as costly as

A Stock Analysis On Jp Morgan Chase & Corporation

1088 words - 4 pages are enough assets to pay away the liabilities if they need to. This is supported by the Working Capital of $153,484 Million dollars. However, compared to the industry's average Current Ratio of 1.5, JP Morgan Chase is not considerably high in liquidity. The company has significantly increased its Working Capital from 85,945 in 2003 to nearly double that amount in 2004, meaning that its Current Assets has been growing in a much faster speed then