I had spent about 3 months in my new job at JP Morgan‚ Singapore‚ as a business analyst in the clearing and settlement project management team. I was handling a critical and high-budget project spanning over 4 different locations. Pleased with my work and the team player attributes I had shown in the few months‚ my Executive Director called me into his cabin and offered me an additional responsibility. He said that he had started an “Offshore Test Centre (OTC)” initiative and he felt that it needed
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INSIDE JOB‚ DOCUMENTARY 1. Two pages summary of the movie. The movie is divided into five parts. The first part (How we got here): the movie explains how the economy used to be after the great depression. At first the financial industry was highly regulated. Banks were prohibited from speculating in depositors’ savings and investment banks were small and private partnerships hence‚ this structure reduced the risky activities. However‚ the Reagan administration started a 30 years period of financial
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Organizing Work - Team B Maxine Boyce‚ Ricky Chaney‚ Patrick Derouen‚ Justin Gemoll‚ Leroy Washington‚ and Mai Yang MGT/521 August 12th‚ 2013 John Gallaudet Abstract We are a team of managers at J P Morgan Chase. Upper management is concerned that the structure of the division our team manages is not accomplishing goals as efficiently as it could‚ As a result‚ management has asked Team B to review the current organizational structure and recommend
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Domino’s‚ Pizza Hut use delivery and dine-ins to whet the taste buds of demanding Indians A pizza for most of its consumers is a round‚ flat piece of hand-tossed dough topped up with sauces‚ cheese and meats (or veggies). And the marketers of Domino’s and Pizza Hut in India will tell you that although their pizzas sell like hot cakes‚ differentiating one brand from the other is not quite a piece of pastry. "As the ability to change consumer tastes is extremely limiting‚ we have no choice but
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A. The Implications for corporate governance and financial institutions In Enron’s case‚ we may see that the principle weakness of corporate governance today is the excessive concentration of power in the hands of top management. Enron involve allegations of massive accounting fraud and huge losses in shareholder value. In May 2002‚ the Business Roundtable released its Principles of Corporate Governance. This is a set of principles intended to assist corporate management and boards of directors
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Customers that used this service changed their usual banking channels and as a result -the bank had a higher retention for these users of online services. Competition/Competitors: Bank of America’s main competitors were: Bank of New York Mellon‚ JP Morgan Chase & Co.‚ Wells Fargo & Co.‚ Citigroup‚ and PNC Financial Services. These competitors also used mobile banking to ensure good service for their customers. They used SMS‚ customized web browsers and apps‚ depending on the bank and the customers they
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“Globalisation has been a blessing for Singapore’s development.” The world we live in today is characterised by globalised markets and a merciless pace of change. Powered by relentless technological advances‚ the forces of globalization have undoubtedly driven the ever-accelerating expansion in economic activity and capital flows‚ even opening previously closed sectors and countries. The economies of countries are becoming increasingly integrated with one another. Indeed‚ living in today’s
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with exposure to subprime assets. Clients were prevented from withdrawing money and the funds were eventually shut down at a $3 billion dollar loss” (Wall Street Oasis‚ 2012). In an effort to stave off a crisis the Government‚ “ extended JPMorgan Chase a $30 billion credit line to help it buy Bear Stearns‚ a firm with an 85-year history on Wall Street that was on the verge of collapsing due to losses in the mortgage market” (Godoy‚ 2008). The purpose of this paper is to examine how this occurred
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chaotic market environment‚ downward pressure on global securities prices‚ market stability‚ collapse at a very fast speed‚ bailout from another investment bank is considered too risky to be taken alone‚ the Fed from an advisory role to a principal role‚ JP borrow from the discount window to finance Bear Q2.
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around the world‚ which is down from 267‚150 in 2010‚ according to Forbes. JPMorgan Chase: JPMorgan Chase is the largest bank in the United States‚ specializing in investment banking. Boeing: Boeing is an American aerospace and defense corporation. Boeing is also one of the top aircraft manufacturers. Morgan Stanley Dean Witter: Morgan Stanley Dean Witter is a banking company under JPMorgan Chase. Morgan Stanley operates in 42 countries‚ and has more than 1300 offices and 60‚000 employees
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