The company I have selected to evaluate for its Corporate Social Responsibility (CSR) is Chase. This powerful banking organization has been a cornerstone in the banking world for years and given the already tepid public opinion towards wealthy institutions it is no wonder that Chase has been listed on American 's list of the most despised companies. Recent developments have not aided their case. In the ensuing essay, I will evaluate various aspects of the business as well as explain where this hatred is stemming from. Brief History of Chase In order to have a proper understanding and visual of Chase, I will begin with a brief history of the organization. The name and division of Chase banking is a subsidiary of JPMorgan Chase and classified as one of the largest four banks in the United States. This was not always the case. The parent company JPMorgan traces it origins and evolution as far back as 1799 and the Bank of Manhattan Company. The Chase portion of JPMorgan has a similarly intertwined history filled with mergers and acquisitions. More recently, in 1955, two banks, The Bank of the Manhattan Company…
outsourcing their Information Technology (IT), to a third party, only to regret the decision, and return, or back source, the IT service. An excellent example being the current largest bank in the United States; JP Morgan Chase. In 2004 JP Morgan Chase cancelled the remainder of a seven year, $5 billion IT contract with IBM. When the outsourcing deal was done in 2001, it was heralded as the largest on record. The decision was to bring the IT resources back in-house, and re-establish the…
one of the oldest and largest financial organizations in the world. It is assumed that working for JP Morgan Chase & Co. would be rewarding as they are not only one of the most financially profitable companies in the world but as they have a lengthy history which asserts their reliability and endurance. Analysis will be done on JP Morgan Chase & Co.’s internal structure and external environment to determine if seeking employment with them is a decision that is beneficial. History JP Morgan…
British, but the world, and the city has begun to industrialize as well. Additionally the growth in banking and financial services became apparent as the New York Stock Exchange signaled the emergence of American Capitalism. The growth of the textile factories and other manufacturing jobs in New York characterizes the nature of the Industrial Revolution as industries tended grow together. While the shipping enterprise has always characterized New York, it began to acquire more wealth that it…
Jeffry Schneider is the founder and chief executive of Ascendant Capital. He founded this company back in March 2012. He is a creative, dedicated and result-oriented man. He has acquired the skills of alternative investment ideas and analysis of managers to run his 5 year company with huge successes. Ascendant Capital is an alternative investment outfit that raises money for sponsors of alternative investments. It works with banks, brokerage firms and family offices. Alternative investment is…
JPMorgan Chase is working Mothers friendly company? Vishal Attal Fairleigh Dickinson University EPS 5109 8A Fall 2015 SY KIM Abstract Today’s children are tomorrow’s citizens. The future of a nation depends on its citizens. As a mother is the first teacher and friend of every child, every nation depends on them for healthy and functional citizens. Motherhood gives women the responsibility of raising a child. Some compromises…
institution headquartered in New York City. Under the Chase brand, the company offers credit card services, retail banking, and commercial banking. Under the J. P. Morgan brand, the company offers treasury services, private banking, private wealth management, asset management, and investment banking. Over 12,000 companies have been absorbed over the years into what is now JPMorgan Chase & Co., the oldest being The Bank of The Manhattan Company, which was founded by Aaron Burr, among others, in…
three siblings. Otto’s dad ran a bank. Otto went to college at Heidelburg to study art history. He also studied economics. A class mate set him up for an internship at the Macy’s Department store in Manhattan, New York. A few weeks after he made it to America his father passed so, he went back home for the funeral. Frank came back to America and spent two years working at Macy’s and then a bank. Otto then returned back to Germany in 1911. He then started working for a company that made window…
long route to college that included scholarships from local businessmen and a hurricane. Eventually at age eighteen, he arrived in Boston and headed for New York City. He enrolled at Barber’s Academy, to complete preparatory work for college entrance exams. Aaron Burr was an alumni of this school which was where their paths began to cross. Hamilton started King's College in the fall of 1773. He was a student for two and a half years. During this time he became a well-known rebel speaker against…
I have conducted an interview with the Chief Financial Officer of Commercial Bank of Dubai, Mr. Thomas Pereira about the Corporate Social Responsibilities and organizational structure of the company which is stated below:- Question Q1 - Please let me know about Commercial Bank of Dubai The bank has started the operation in 1969 by the patronage of His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum. CBD has started its operation as a joint venture of Commerzbank, Chase Manhattan Bank and…