Author: Chase Manhattan BankPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 8
Book Description
The History of Chase Manhattan
Author: Chase Manhattan BankPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 8
Book Description
The History of Chase Manhattan
Author: The Chase
Author: John Donald WilsonPublisher: Harvard Business Review Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 480
Book Description
Last Man Standing
Author: Duff McDonaldPublisher: Simon and Schuster
ISBN: 1439109710
Category : Business & Economics
Languages : en
Pages : 352
Book Description
In the midst of the most disastrous economic climate of Wall Street’s history, one executive has weathered the storm more deftly than any other: Jamie Dimon, chairman and CEO of JPMorgan Chase. In 2008, while Dimon’s competitors watched their companies crumble, JPMorgan not only survived, it made an astonishing $5 billion profit. Dimon’s continued triumph in the face of an industry-wide meltdown has made him a paragon of finance. In Last Man Standing, award-winning journalist Duff McDonald provides an unprecedented and deeply personal look at the extraordinary figure behind JPMorgan’s success. Using countless hours of interviews with Dimon and his full circle of friends, family, and colleagues, this definitive biography is by far the most comprehensive portrait of the man known as the Savior of Wall Street. Now, in an updated prologue, McDonald offers insight into the future of Wall Street and how Dimon will overcome the challenge of aggressive new regulation from Washington—and how he plans to continue to thrive as the world’s preeminent banker.
Wealth Creation in the World’s Largest Mergers and Acquisitions
Author: B. Rajesh KumarPublisher: Springer
ISBN: 303002363X
Category : Business & Economics
Languages : en
Pages : 341
Book Description
This book highlights research-based case studies in order to analyze the wealth created in the world’s largest mergers and acquisitions (M&A). This book encourages cross fertilization in theory building and applied research by examining the links between M&A and wealth creation. Each chapter covers a specific case and offers a focused clinical examination of the entire lifecycle of M&A for each mega deal, exploring all aspects of the process. The success of M&A are analyzed through two main research approaches: event studies and financial performance analyses. The event studies examine the abnormal returns to the shareholders in the period surrounding the merger announcement. The financial performance studies examine the reported financial results of acquirers before and after the acquisition to see whether financial performance has improved after merger. The relation between method of payment, premium paid and stock returns are examined. The chapters also discuss synergies of the deal-cost and revenue synergies. Mergers and acquisitions represent a major force in modern financial and economic environment. Whether in times of boom or bust, M&As have emerged as a compelling strategy for growth. The biggest companies of modern day have all taken form through a series of restructuring activities like multiple mergers. Acquisitions continue to remain as the quickest route companies take to operate in new markets and to add new capabilities and resources. The cases covered in this book highlights high profile M&As and focuses on the wealth creation for shareholders of acquirer and target firms as a financial assessment of the merger’s success. The book should be useful for finance professionals, corporate planners, strategists, and managers.
Bankers and Empire
Author: Peter James HudsonPublisher: University of Chicago Press
ISBN: 022645925X
Category : Social Science
Languages : en
Pages : 370
Book Description
From the end of the nineteenth century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. A host of financial entities sought to control banking, trade, and finance in the region. In the process, they not only trampled local sovereignty, grappled with domestic banking regulation, and backed US imperialism—but they also set the model for bad behavior by banks, visible still today. In Bankers and Empire, Peter James Hudson tells the provocative story of this period, taking a close look at both the institutions and individuals who defined this era of American capitalism in the West Indies. Whether in Wall Street minstrel shows or in dubious practices across the Caribbean, the behavior of the banks was deeply conditioned by bankers’ racial views and prejudices. Drawing deeply on a broad range of sources, Hudson reveals that the banks’ experimental practices and projects in the Caribbean often led to embarrassing failure, and, eventually, literal erasure from the archives.
JPMorgan’s Fall and Revival
Author: Nicholas P. SargenPublisher: Palgrave Macmillan
ISBN: 9783030470609
Category : Business & Economics
Languages : en
Pages : 236
Book Description
This book tells the untold story of how JPMorgan became a universal bank in the 1980s-1990s and the events leading to it being acquired by Chase in 2000. It depicts the challenges Morgan’s leaders – Lew Preston and Dennis Weatherstone – confronted when the firm’s business model was disrupted by the developing country debt crisis and premier corporate borrowers increasingly accessing capital markets, up to its current management with Jamie Dimon. It depicts what happened to Morgan in the larger story of U.S. banking consolidation. As Morgan sought to re-enter the world of securities and navigate around Glass-Steagall barriers, their overriding goal was to ensure it would remain a pre-eminent wholesale bank serving multinational corporations. Opportunities to grow through acquisition were presented and considered, including purchasing a stake in Citibank in the early 1990s. However, Preston and Weatherstone were reluctant to integrate areas unfamiliar to Morgan such as retail banking or to assimilate cultures that were disparate from the firm’s. This first-hand account explores whether Morgan could have stayed independent had its leaders pursued the strategic plan that called for it to make targeted acquisitions in areas where it had well-established businesses. Instead, in the mid-1990s, it went from being the hunter to the hunted. Rival banks that had been burdened by bad loans to developing countries and commercial real estate capitalized on rising share prices during the tech boom to acquire other institutions. Meanwhile, Morgan’s profits and share price lagged, which left it vulnerable. During this time, all of the leading financial institutions struggled to change their business models. In the end, no U.S. money center bank was able to become a universal bank on its own. What ensued was a growing concentration of financial assets in a handful of institutions that was the precursor to the 2008 financial crisis, which is explored further using Morgan as a lens, in a book that is sure to interest banking and Wall Street professionals and business readers alike.
Getting Out of Saigon
Author: Ralph WhitePublisher: Simon and Schuster
ISBN: 1982195193
Category : Biography & Autobiography
Languages : en
Pages : 320
Book Description
A “captivating” (The Washington Post) true story of “courage, resolve, and determination” (Christian Science Monitor), author Ralph White’s successful effort to save nearly the entire staff of the Saigon branch of Chase Manhattan bank and their families before the city fell to the North Vietnamese Army. In April 1975, Ralph White was asked by his boss to transfer from the Bangkok branch of the Chase Manhattan Bank to the Saigon Branch. He was tasked with closing the branch if and when it appeared that Saigon would fall to the North Vietnamese army and ensure the safety of the senior Vietnamese employees. But when he arrived, he realized the situation in Saigon was far more perilous than he had imagined. The senior staff members there urged him to evacuate the entire staff of the branch and their families, which was far more than he was authorized to do. Quickly he realized that no one would be safe when the city fell, and it was no longer a question of whether to evacuate but how. Getting Out of Saigon is an “edge-of-your-seat” (Oprah Daily) story of a city on the eve of destruction and the colorful characters who respond differently to impending doom. It’s a remarkable account of one man’s quest to save innocent lives not because he was ordered but because it was the right thing to do.
Art at Work
Author: J. Walter SeveringhausPublisher: Dutton Adult
ISBN:
Category : Art
Languages : en
Pages : 344
Book Description
The JPMorgan Chase Art Collection began in 1959 when David Rockefeller, then president of The Chase Manhattan Bank, established the firm's art program and took the lead in the field of corporate art collecting. By integrating artwork with the architecture of new buildings and incorporating an enlightened approach to acquisitions, this forerunner of corporate collections became a model for other companies worldwide. Today it is one of the oldest and largest corporate art collections in the world, focusing on modern and contemporary painting, sculpture, works on paper and photography, which continue to be the portfolio's strength. This core collection is enhanced by a diverse and eclectic range of objects from every country in which JPMorgan Chase does business, offering a unique perspective on the firm's culture. The JPMorgan Chase Art Program oversees more than 30,000 objects in 450 corporate offices around the globe. In addition, the program administers an active museum loan program, originates traveling exhibitions, provides educational programming for internal and external audiences, and supports the firm's global philanthropic and sponsorship activities. JPMorgan Chase & Co. believes that arts and culture are the lifeblood of vibrant communities. We support a range of programs and events that foster creativity, provide access to the arts to underserved audiences, promote self expression and celebrate diversity. -- Text from JPMorgan Chase & Co. website (see link).
City in the Sky
Author: James GlanzPublisher: Times Books
ISBN: 1466863072
Category : History
Languages : en
Pages : 574
Book Description
The definitive biography of the iconic skyscrapers and the ambitions that shaped them--from their dizzying rise to their unforgettable fall More than a year after the nation began mourning the lives lost in the attacks on the World Trade Center, it became clear that something else was being mourned: the towers themselves. They were the biggest and brashest icons that New York, and possibly America, has ever produced--magnificent giants that became intimately familiar around the globe. Their builders were possessed of a singular determination to create wonders of capitalism as well as engineering, refusing to admit defeat before natural forces, economics, or politics. No one knows the history of the towers better than New York Times reporters James Glanz and Eric Lipton. In a vivid, brilliantly researched narrative, the authors re-create David Rockefeller's ambition to rebuild lower Manhattan, the spirited opposition of local storeowners and powerful politicians, the bold structural innovations that later determined who lived and died, master builder Guy Tozzoli's last desperate view of the towers on September 11, and the charged and chaotic recovery that could have unraveled the secrets of the buildings' collapse but instead has left some enduring mysteries. City in the Sky is a riveting story of New York City itself, of architectural daring, human frailty, and a lost American icon.