Corporate Social Responsibility (CSR) is Chase. This powerful banking organization has been a cornerstone in the banking world for years and given the already tepid public opinion towards wealthy institutions it is no wonder that Chase has been listed on American 's list of the most despised companies. Recent developments have not aided their case. In the ensuing essay, I will evaluate various aspects of the business as well as explain where this hatred is stemming from. Brief History of Chase In order to have a proper understanding and visual of Chase, I will begin with a brief history of the organization. The name and division of Chase banking is a subsidiary of JPMorgan Chase and classified as one of the largest four banks in the United States. This was not always the case. The parent company JPMorgan traces it origins and evolution as far back as 1799 and the Bank of Manhattan Company. The Chase portion of JPMorgan has a similarly intertwined history filled with mergers and acquisitions. More recently, in 1955, two banks, The Bank of the Manhattan Company…
As the wide-reaching consequences of the Financial Crisis demonstrate, when a company is as influential as JPMorgan Chase & Co., the American public is a stakeholder. Their customers include individuals, corporations, small businesses, governments, universities…the list goes on. If an entity can bank, they can bank with JPMorgan Chase & Co. 60.6 million households have at least one consumer banking account with Chase—roughly half of American households. Chase is the number one credit card issuer…
After taking various courses that prepare me with practical skills, I want to apply the knowledge and skills learned in classroom to real life. JPMorgan Chase & Co. is the ideal place that offers real world, hands on opportunity for interns to make a difference. I had the opportunity to learn more about JPMorgan Chase from the Assistant General Counsel at JPMorgan Chase, Yelena Kogan, Esq., during a pre-law event organized by NYU. Ms. Kogan emphasized that JPMorgan Chase offers an exceptional…
Throughout history, JP Morgan Chase & Co. has held a strong position of being a financial powerhouse and today remains one of the oldest and largest financial organizations in the world. It is assumed that working for JP Morgan Chase & Co. would be rewarding as they are not only one of the most financially profitable companies in the world but as they have a lengthy history which asserts their reliability and endurance. Analysis will be done on JP Morgan Chase & Co.’s internal structure and…
Introduction I chose the national bank JP Morgan Chase. The reason I chose this global company is because I wanted to research a topic that was a part of my major. I want to major in finance and possibly accounting then one day go into banking so I saw it fitting that I chose this company. “JPMorgan Chase & Co. is one of the oldest, largest and best-known financial institutions in the world.” (JP Morgan Chase 2016). This company goes all the way back to 1799. JP Morgan Chase operates in over…
Ophelia Chase was a bright girl. Even at five years old she could tell when someone was upset. So when she saw Leo Alexander crying that day, she knew better than to ask why. So instead, she just sat there and cried with him. She knew from experience, that it was better to cry with, than to cry over. So when she cried that day she didn't cry for him. She cried for herself. And she cried for her sister. When Leo Alexander was five, he found out he was going to have a little sister. So of…
Conglomerates are a combination of two corporations that sell totally different products that form one group. Conglomerates come together because they can both share their resources and contacts to enhance their profits. JPMorgan Chase is an example of a conglomerate because JPMorgan & Co and Chase Manhattan Co, merged together to form JPMorgan Chase. JPMorgan Chase is a company where they provide financial services, financial transactions processing, private equity, commercial banking, etc. The…
Martha Chase was an American Geneticist who was born in Cleveland, Ohio and was famously known for her and her ally Alfred Day Hershey’s landmark experiment in genetics proving that DNA is genetic material. Her experiment was using radioactive tracers to mark the DNA core and the protein coat of a phage called bacteriophage, or bacterial virus. Her and Alfred placed the material into a blender and turned on the switch which resulted in the scientists discovering that the blender had separated…
according to BBC News, “the top 10 richest Americans hold half of all the income in [America]” Simply for personal interest, rich individuals hoard their money rather than adhere to their moral obligations of being “generous and ready to share” (1 Timothy 6:18). In spite of this abhorrent cupidity, one company stands firm in their conservative and moral values: JPMorgan Chase & Co. Since inception in 2000, Chase has been a pioneer of innovation, integrity, and philanthropy, spearheading itself…
Research Report (990 words) “Explain the role of J.P. Morgan Chase & Co in the financial system. Assess its exposure and performance during the financial crisis of 2007-2010. Did it do well or badly?” The bank J.P. Morgan Chase & Co. (JPMorgan) is the biggest bank by assets and the most profitable bank in the United States. It can be recognized as the most robust bank. JPMorgan, as a global financial services leader with a long history, was formed in 2000 after merging with The Chase Manhattan…