12min chapter

The Compound and Friends cover image

Michael Cembalest Returns

The Compound and Friends

CHAPTER

JP Morgan: Dominance, Leadership, and Risk Decisions

This chapter explores the dominance of JP Morgan in the banking industry and highlights the leadership of its current chairman. It discusses the growth and expansion of the bank through mergers and acquisitions, as well as the thorough preparation and analysis required when presenting to the chairman. The chapter also delves into the successful risk decisions made by JP Morgan and the impact of interest rate mismatch on banks.

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