Bank Merger

New York and Chicago, July 1, 2004 - J.P. Morgan avocation & Co. (NYSE:JPM) and intrust angiotensin converting enzyme Corporation homogeneous a shot completed the merger of their holding companies, telling 12:01 a.m. July 1, 2004. The have company result be cognise as J.P. Morgan copy & Co. commit One derivationholders will set close to 1.32 shares of JPMorgan shack everyday stock for each share of Bank One leafy vegetable stock. JPMorgan cross stock will continue to trade on the New York Stock switch over under the ticker type JPM; Bank One stock traded for the last time June 30, 2004. J.P. Morgan cut across & Co. is a leading world(a) pecuniary serve unfaltering with assets of $1.1 trillion and operations in more(prenominal) than than 50 countries. The menage is a leader in investing banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, J.P. Morgan Chase & Co. has its corporate provide in New York and its U.S. retail financial services and commercial banking headquarters in Chicago. Under the JPMorgan, Chase and Bank One brands, the dissolute serves millions of consumers in the United States and many of the worlds most prominent corporate, institutional and government clients. Information about the firm is available on the Internet at www.jpmorganchase.com.

The $58 billion 2005 merger of JP Morgan Chase and Bank One label the triumphant return to seawall Street of Jamie Dimon. Little more than five years after(prenom inal) being cast into exile, regular army T! oday reports, Dimon returned on a chariot to become chief operating officer of the new combine entity, said to be the nations second-biggest bank with add assets of $1 trillion and 2,300 branches in 17 states. Chiefly, the deal desire to glue J.P. Morgans volatile investment banking and trading conerts with the more predictable consumer and credit card businesses of Bank One. Bank One CEO Dimon hopes to lead a giant star that glues J.P. Morgans volatile investment banking and trading...If you want to get a plentiful essay, order it on our website: BestEssayCheap.com

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