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JP MORGAN

Company profile

JP Morgan Chase & Company (JPMC) provides investment banking, security services, asset management, hedge fund and retail banking services through its subsidiaries. The company primarily operates in US, Europe, the Middle East, Africa and the Middle East. It is headquartered in New York City, New York and employs 222,316 people.

Products and services


The companys products and services include: Treasury and securities Asset management Retail financial services Investment banking

Treasury and securities


Transaction services Investment and information services Cash management Trade finance Logistics solutions Wholesale card products Short-term liquidity management tools Custody Fund services Securities lending Performance measurement Execution products Administrative services

Asset management

Investment management Wealth management Equities Fixed income plans Real estate management Hedge funds Private equity and liquidity Money market instruments Bank deposits

Retail financial services

Deposits Loans and insurance services Home mortgages Life insurance Annuities Debt protection products

Investment banking

Capital market services Equity and debt market Risk management

Revenue analysis

The company recorded revenues of $100,434 million during the financial year (FY) ended December 2009, an increase of 49.3% over FY2008. The US, JPMC's largest geographical market, accounted for 75.5% of the total revenues in the financial year FY2009. JPMC generates revenues through seven business divisions: retail financial services (32.6% of the total revenues during FY2009), investment bank (28%), card services (20.2%), asset management (7.9%), treasury and

Revenues by Division

Retail financial services division recorded revenues of $32,692 million in FY2009, an increase of 39% over FY2008. The investment bank division recorded revenues of $28,109 million in FY2009, compared to $12,335 million in FY2008. The card services division recorded revenues of $20,304 million in FY2009, an increase of 23.2% over FY2008. The asset management division recorded revenues of $7,965 million in FY2009, an increase of 5% over FY2008. The treasury and security services division recorded revenues of $7,344 million in FY2009, a decrease of

Cont...

The corporate division recorded revenues of $6,634 million in FY2009, compared to $69 million in FY2008. The commercial banking division recorded revenues of $5,720 million in FY2009, an increase of 19.7% over FY2008. Revenues by Geography

The US, JP Morgan's largest geographical market, accounted for 75.5% of the total revenues in FY2009. Revenues from the US reached $75,790 million in FY2009, an increase of 4.4% over FY2008. Europe/ Middle East and Africa accounted for 16.8% of the total revenues in FY2009. Revenues from Europe/Middle east and Africa reached $16,915 million in FY2009 an increase of 47.7% over FY2008.

Strengths
Strong franchises across business divisions Strong liquidity and capital position The acquisition of Bear Stearns and Washington Mutual add significant scale at low price

Weakness
Steep climb in credit losses impacting Profitability Over dependence on the US market makes it vulnerable to domestic economic situation

SWOT
Threats
Opportunities
Buoyant asset management market Growth in the US credit card market Increasing prospects for commercial banking Increased governmental and regulatory scrutiny and negative publicity. Buoyant asset management market Growth in the US credit card market Increasing prospects for commercial banking Economic uncertainties in Europe

Competitors
The following companies are the major competitors of JP Morgan Chase & Co Bank of America Corporation Citigroup Inc. Deutsche Bank AG HSBC Holdings plc Nomura Holdings, Inc. Goldman Sachs Group Morgan Stanley