JP Morgan
Gilded Age titan
JP Morgan refers to JPMorgan Chase & Co., one of the largest financial institutions in the world, offering investment banking, asset management, and consumer banking services.
The name derives from J.P.
Morgan, the influential American financier who dominated corporate finance and industrial consolidation in the late 19th and early 20th centuries.
In casual usage, people say they work at JP Morgan or bank with Chase, the latter being the consumer-facing brand.
The firm is headquartered in New York City and is a major player in global markets.
American banking giant
- retail bankingBank services for individuals
- commercial bankingBanking for public customers
- checkingAct of verification
- savingsAccumulated money kept
mortgage · loan · credit card · deposit · ATM · branch · teller · account
Exchange transaction area
- stocksOwnership stakes or inventory
- bondsTies that unite
- derivativesThings derived from another
- commoditiesTradeable raw materials
capital markets · securities · bullish · bearish · exchange · Goldman Sachs · Citigroup · Bank of America
Late 1800s American prosperity
- robber baronUnscrupulous wealthy industrialist
- industrialistMajor manufacturing business owner
- tycoonDominant industrial leader
- magnateWealthy business leader
trust · monopoly · Rockefeller · Carnegie · Vanderbilt · consolidation · railroad · steel
Central command location
- CEOTop corporate officer
- boardFlat rigid panel
- shareholdersOwners of company stock
- stakeholdersThose with investment in outcome
subsidiary · conglomerate · multinational · global · Fortune 500 · earnings · quarterly report · annual meeting
Strategic oversight of holdings
- wealth managementOverseeing affluent clients' finances
- private bankingBespoke services for millionaires
- portfolioCollected works or assets
- securitiesTradeable financial assets
mutual funds · hedge funds · private equity · capital gains · index funds · retirement · 401(k) · IRA
Chase
American banking giant
- retail bankingBank services for individuals
- commercial bankingBanking for public customers
- checkingAct of verification
savings · mortgage · loan · credit card · deposit · ATM · branch · teller · account · interest
trading floor
Exchange transaction area
- stocksOwnership stakes or inventory
- bondsTies that unite
- derivativesThings derived from another
commodities · capital markets · securities · bullish · bearish · exchange · Goldman Sachs · Citigroup · Bank of America · financial district
Gilded Age
Late 1800s American prosperity
- robber baronUnscrupulous wealthy industrialist
- industrialistMajor manufacturing business owner
- tycoonDominant industrial leader
magnate · trust · monopoly · Rockefeller · Carnegie · Vanderbilt · consolidation · railroad · steel · Federal Reserve
headquarters
Central command location
- CEOTop corporate officer
- boardFlat rigid panel
- shareholdersOwners of company stock
stakeholders · subsidiary · conglomerate · multinational · global · Fortune 500 · earnings · quarterly report · annual meeting · corporate governance
asset management
Strategic oversight of holdings
- wealth managementOverseeing affluent clients' finances
- private bankingBespoke services for millionaires
- portfolioCollected works or assets
securities · mutual funds · hedge funds · private equity · capital gains · index funds · retirement · 401(k) · IRA · annuities
- Business IconsRockefeller, Carnegie, John D. Rockefeller, Andrew Carnegie, Warren Buffett
- corporationsApple, Microsoft, Google, Amazon, Toyota
- Gilded Age AmericansAndrew Carnegie, Carnegie, Cornelius Vanderbilt, John D. Rockefeller, Rockefeller
- Investment BankingM&A, IPO, merger, mergers, acquisition
JP MorganKarl Marx
Samuel Gompers · Mother Jones · Emma Goldman · Friedrich Engels · democratic socialism
JP MorganTeddy Roosevelt
Twenty-sixth American president
Robin Hood · Theodore Roosevelt · Andrew Carnegie · muckrakers · Ida Tarbell
JP Morganthe proletariat
Wage-earning labor class
Mother Jones · Samuel Gompers · the poor · tenant farmers · sweatshop workers