General Knowledge Flashcards
1
Q
CEO?
A
Jaimie Dimon.
2
Q
How many markets does JPM operate in?
A
100+
3
Q
How many employees?
A
260k+
4
Q
Total profit 2021?
A
$48.3 billion.
5
Q
How many office locations?
A
172
6
Q
On average, how many points does JPM outperform the bank stock index each year?
A
600 points.
7
Q
JPM’s investment banking market share?
A
9.6% as of December 2021.
8
Q
When did the Glass Steagall Act come in and get repealled?
A
1933, repealed sec 20 and 32 in 1999. Split commercial and investment banking divisions but came back with Chase.
9
Q
Notable JPM mergers and acquisitions?
A
- Bear Sterns (2008).
- WaMu (2008).
- Bank One (2004 - by Chase).
- Chase (2000 - earlier merged with Chem bank).
10
Q
How much did JPM pay for Bank One?
A
$58 bn in shares.
11
Q
How much did JPM invest into Viva Wallet?
A
£1.15 billion for 49% stake.
12
Q
Why were JPM so strong in 2008?
A
Fortress balance sheet.
13
Q
JPM founded?
A
1799.
