J.P. Morgan Chase: Building The Global Bank - Interesting article

Article on a JP Morgan Chase from McKinsey Quarterly.

JPMorgan Chase ranks among the world's leading financial-services businesses, boasting $1.3 trillion in assets, a major U.S. consumer-banking franchise and operations in more than 50 countries. Created from a succession of mergers over recent years, JPMC prides itself on legacy institutions--Bank One, Chase Manhattan, Chemical, First Chicago, J.P. Morgan, Manufacturers Hanover and National Bank of Detroit--that evoke a colorful history of entrepreneurship and banking innovation going back more than 200 years, to the founding of its earliest predecessor in 1799.

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7 Comments
 

The average Joe may not be able to participate in a traditional hedge fund, but this does not mean that he is disadvantaged. Also, mutual funds are no longer the only options available to the average investor. The growing prevalence of ETF's, unit trusts, indexed funds, SPDRs etc. empower the individual investor to be as aggressive as they want to be.

 

I spent a few years working there. Its a really nice place to be. Real team spirit type place.

They dont look for "the best of the best" they look for people who fit their culture.

Really enjoyed my time!

 

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