Agency Law at JPMorgan

Term Paper # 115806

Business > Companies
Business > Finance, Investment and Banking
Business > Law

An analysis of the applications of agency law in the business environment at JP Morgan Chase.

1,066 words () | 3 sources | MLA | 2009 United States

Paper Summary:

The paper examines JP Morgan's six segments of operation and relates that all these aspects of JP Morgan's business transactions and services involve the legal matrix of agency relationship. The paper provides an overview of agency law and focuses on the application of agency law in all of JP Morgan's operations. The paper concludes that JP Morgan enjoys the profits brought about by its products and services in line with judicious application of agency law.

Outline:
JP Morgan Chase & Co.
Agency Law, in General
The Scope of Agency Law in JP Morgan Transactions
Conclusion

From the Paper:

"In the segment of investment banking, JPMorgan offers the key products - mergers and acquisitions advise, capital raising, restructuring, risk management and research. These products are offered to businesses and entrepreneurs interested in acquiring certain companies, to raise capital or restructure loans as well as manage the risks in their chosen investments. In proprietary trading and investing and market-making, JPMorgan invests the money of its clients for profit.
"In the Retail Financial Services segment, JPMorgan hires employees and agents to offer its range of financial products and services to the public. Especially in the aspect of underwriting its range of financial protection products, there are reciprocal duties and obligations binding its insurance agents to it and vice versa."

Sample of Sources Used:

JP Morgan & Chase Co. 2006. <http://www.jpmorganchase.com/>
Wikipedia Free Encyclopedia. July 2006. <http://en.wikipedia.org/wiki/.>
Daniel Kleinberger. Examples & Explanations: Agency, Partnership and LLC, Second Edition, Little Brown & Co. Law & Business, 2002.