General Knowledge Flashcards
CEO?
Jaimie Dimon
How many markets do JPM operate in?
100+
How many employees?
260k+
Total Profit 2021?
$48.3 billion.
How many office locations?
172.
On average, how many points does JPM outperform the bank stock index each year?
600 points.
What is JPM’s investment banking market share?
9.6% (December 2021) - larger than everyone (Gldmn = 9%, MS = 6.7%, BofA = 6.4%)
When did the Glass Steagall Act come in and get repealled? What did this mean for JPM?
1933, led to split of commercial and investment banking.
Repeal of section 20 and 32 in 1999 meant commercial side could come back (thus Chase bank).
Notable JPM mergers?
- Bear Sterns (2008)
- WaMu (2008)
- Bank One (2004 - by Chase)
- Chase (2000, earlier merged with Chemical Bank)
Notable JPM mergers?
- Bear Sterns (2008)
- WaMu (2008)
- Bank One (2004 - by Chase)
- Chase (2000, earlier merged with Chemical Bank)
Notable JPM mergers?
- Bear Sterns (2008)
- WaMu (2008)
- Bank One (2004 - by Chase)
- Chase (2000, earlier merged with Chemical Bank)
How much did JPM pay for Bank One?
$58bn in shares.
How much did JPM invest into Viva Wallet?
£1.15 billion for 49%
Why were JPM so strong in 2008?
Fortress Balance sheet.
When was JPM founded?
1799