Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

JPMorgans Fall and Revival

JPMorgans Fall and Revival

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783030470586
Condition
New
Product 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 Morgans leaders Lew Preston and Dennis Weatherstone confronted when the firms 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 firms. 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, Morgans 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.

Available Colors
Available Sizes
1 Offer Price Range: $34.99 - $34.99
BEST PRICE

Single Product Purchase

$34.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$34.99 $34.99

$34.99
See Site In stock Visit Store

Similar Products

Child and Adult Development

$199.99

Recent Advances in Immunology

$39.99

Particle Accelerator Physics

$74.99

Concurrent and Comparative Discrete Event Simulation

$84.99

Einfhrung in die Anwendung des Betriebssystems CP/M

$69.99

Image Technology

$219.99

Visual Methods with Children and Young People

$54.99

Dimorphic Fungi in Biology and Medicine

$39.99

The Theory of Political Economy

$64.99

Stem Cells: Biology and Engineering

$219.99

Johann Sebastian Bach (Revised Edition) (Getting to Know the World's Greatest Composers)

$5.96

Psychoanalytische Entwicklungspsychologie, Neurosenlehre, Psychotherapie

$54.99

An Introduction to Hybrid Dynamical Systems

$39.99

Solder Joint Reliability

$219.99

Zero Trust Security

$54.99

Management von Diabetes in Lndern mit niedrigem Einkommen

$54.99

Institutionenkonomische Betriebswirtschaftstheorie

$59.99

Wasser- und Geschiebebewegung in gekrmmten Flustrecken

$59.99

When the Leaf Blew In

$3.71

Peacebuilding in the Asia-Pacific

$99.99

Genetics of the Mouse

$199.99

Social Development in Asia

$109.99

Spirituality in Dark Places

$44.99

Cinema and Community

$39.99

Earthquake and Disaster Risk: Decade Retrospective of the Wenchuan Earthquake

$109.99

Umsatzsteuer und Steuerplanung

$69.99

STROMATOLITES: Interaction of Microbes with Sediments

$169.00

Special Relativity

$64.99

Foundations and Practice of Security

$39.99

No Longer the Same

$54.99

Strmungsmechanik

$59.99

Real Learning Opportunities at Business School and Beyond

$109.99

Sensory Mechanisms of the Spinal Cord

$219.99

Contracts, Patronage and Mediation

$109.99

Changing Image of the Magistracy

$54.99

The Companion to Raymond Aron

$109.99

Chinas Search for Good Governance

$39.99

Rolls-Royce

$169.99

Provisional Bibliography of Atlases, Floras and Faunas of European Cities: 16002014

$84.99

Mentoring

$54.99