JP Morgan Analytical Essay by Nicky

JP Morgan
Looks at the history and ethical position, as of 2009, of JP Morgan, a part of the investment bank conglomerate, JP Morgan Chase & Co.
# 148455 | 1,650 words | 6 sources | APA | 2009 | US


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Description:

This paper explains that, since its founding in 1871, JP Morgan's success has been based on not only its business expertise but also its principles as demonstrated in its history. Next, the author evaluates JP Morgan's ethical behavior as compared to the many competitors to its six major banking sectors, where there is an intense battle for customers. The paper concludes that this industry has had many and various ethical issues; however, except for a minor association in the Enron scandal, JP Morgan has been able to manage well its employees' ethical behavior.

Table of Contents:
Mission
History and Organizational Structure
Competition
Ethical Position

From the Paper:

"When the Banking Act of 1933 forced a separation of commercial banking and investment banking, JP Morgan carried on as a commercial bank, spinning off its investment bank. The first of many major mergers came when Morgan and Guaranty Trust merged in 1959. The banking industry was by law decentralized, but this led to major banking firms buying smaller banks. They operated them separately at first, but as laws fell, commercial banking empires began to emerge. Then came an intense round of mergers and acquisitions that laid the framework for the modern structure of the American banking industry."

Sample of Sources Used:

  • No author. (2008). The History of JP Morgan Chase & Co. JP Morgan Chase. Retrieved April 22, 2009 from http://www.jpmorganchase.com/cm/BlobServer?blobtable=Document&blobcol=urlblob&blobkey=name&blobheader=application/pdf&blobnocache=true&blobwhere=jpmc/about/history/shorthistory.pdf
  • JP Morgan website: Retrieved April 22, 2009 from http://www.jpmorgan.com/pages/jpmorgan
  • JP Morgan Chase 2008 Annual Report. Retrieved April 22, 2009 from http://files.shareholder.com/downloads/ONE/622180208x0x283416/66cc70ba-5410-43c4-b20b-181974bc6be6/2008_AR_Complete_AR.pdf
  • Ellis, Katrina; Michaely, Roni & O'Hara, Maureen. (2005). Competition in Investment Banking: Proactive, Reactive or Retaliatory? Cornell University. Retrieved April 22, 2009 from http://forum.johnson.cornell.edu/faculty/michaely/Competition%20in%20Investment%20Banking.pdf
  • Moore, Heidi N. (2008). Banking Ethics 101: How JP Morgan Fought Itself and Won. Wall Street Journal. Retrieved April 23, 2009 from http://blogs.wsj.com/deals/2008/06/03/banking-ethics-101-jp-morgan-and-dow-chemical/

Cite this Analytical Essay:

APA Format

JP Morgan (2011, October 26) Retrieved April 06, 2020, from https://www.academon.com/analytical-essay/jp-morgan-148455/

MLA Format

"JP Morgan" 26 October 2011. Web. 06 April. 2020. <https://www.academon.com/analytical-essay/jp-morgan-148455/>

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