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Swot Analysis Of Morgan Chase & Co

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JP Morgan Chase & Co. is currently United States’ biggest bank, and the 6th biggest bank internationally with over 2.4 trillion dollars in assets. This financial juggernaut was formed in 2000, when Chase Manhattan Corporation and JP Morgan & Co merged. Currently, Chase is well known for their credit card line in America, and is responsible for consumer banking, while JP Morgan is well known internationally, and responsible for investment banking. Although JPMC is one of the world’s biggest banks, senior management at JPMC has continuously referred to the company as a technology company. Technology plays an astronomically more important role in banking because of convenience and security. JPMC currently has over 40,000 technologists, of which over 18,000 are software developers (Crowe). In comparison, Google, arguably the most renowned tech company in the world, has around 60,000 employees. With such an enormous staff of technologists and coders, JPMC, like any big tech corporation, must be concerned with employee production efficiency. Over my past summer as an intern, I’ve noticed that there is one key area that JPMC could improve on – keyboards. Every technologist at JPMC has their own area for their computer setup, and unsurprisingly, most technologists spend a majority of their time in front of their computer doing one task – typing. The keyboards provided by JPMC were basic plastic membrane keyboards that did not support any added functionality. Even as an intern, I

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