Is JPMorgan Chase Well Positioned for the Future?

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

With shares of JPMorgan Chase & Co. (NYSE:JPM) trading around $56, is JPM an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework:

T = Trends for a Stock’s Movement

JPMorgan Chase is a financial holding company that provides various financial services worldwide. The company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management, and private equity. Financial services companies like JPMorgan Chase are essential for well-functioning economies around the world.

Internal JPMorgan Chase emails and computer files being examined by U.S. authorities show that the bank favoured hiring people from prominent Chinese families in order to win investment banking business, the New York Times reported on Saturday. The documents show that a JPMorgan program designed to prevent questionable hiring practices was ultimately viewed inside the company as “a gateway to doing business with state-owned companies in China,” the Times said, adding that it had reviewed copies of the emails and computer spreadsheets.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business