7-1 Final Project
FIN 336 Final Project
Sean Mackey
Southern New Hampshire University
7-1 Final Project
The company I chose to analyze is JPMorgan Chase. The reason why I chose them is
because I have been banking with them for half my life and I don't know anything about the
financial institution, so I thought this will be an excellent way to find out who I am banking with.
JPMorgan Chase was founded in 1799 in New York City and has many well know
heritage firms. J.P. Morgan Chase or Chase Bank has 3.386 trillion dollars in total assets USD
JPMorgan has an extensive history including two founders Alexander Hamilton and Aaron Burr.
the bank was the second commercial bank in New York City. In 1854 Junius Morgan moved to
London joined the firm George Peabody & Co. and became the leading marketer of American
securities in England. JPMorgan Chase operates as a financial services company worldwide. The
company operates in four segments: Consumer & Community Banking, Corporate & Investment
Bank, Commercial Banking, and Asset & Wealth Management. JPMorgan is a global leader in
financial services and currently serving corporations and individuals in more than 100 countries.
By 2023, JPMorgan will deploy $1.75 Billion in philanthropic capital around the world
Chase gains most of its capital from international community banking, aside from
personal and business banking Chase also has wealth management within its branches, this
includes investment banking, retirement plans and other securities. JPMorgan Chase is also listed
publicly on the New York Stock Exchange common stock with the tickers: JPM, JPM PR G,
JPM PR H, JPM PR D, JPM PR C, JPM PR J, AMJ and JPM/28. As resent history has shown
Chase and other financial houses like it seem to be exempt from a financial crisis hints the title
too big to fail. It seems as if they will always be taken care of in a situation like the crash of
2007-2008.
7-1 Final Project
JPMorgan uses one-month benchmark hedging as well as passive currency hedging with
the overlapping laddered approach. Chase looks to do shorter-dated contracts if they see that
rates in the USA can drop at a higher rate than forward prices. Financial markets and institutions
play a substantial part when it comes to global environments and risk management strategies.
JPMorgan understands the economic factors involved with the risk management strategies so
they can dodge high scale financial losses. JPMorgan understands that expanding has it's risks
and as the company grows these risks grow substantially and now that JP is the largest bank on
earth, they are leading a helping hand and offering their expertise to help small business grow
globally.
Before the pandemic I was a sales rep for a clothing company, and I managed the global
business and the first thing my boss said to me was to download a currency app and when you
wake up open that up or we can lose a lot of money. So, I know firsthand exchang