Browse Case Studies by
Case Studies in
- Corporate Governance
- Corporate Social Responsibility
- Economics
- Entrepreneurship
- Finance, Accounting & Control
- Leadership
- Marketing
- Organisational Behaviour / HRM
- Social Entrepreneurship
- Strategy
- All Case Studies »
Concept wise Case Studies
- Mergers, Acquisitions and Alliances - Vol. I
- Mergers, Acquisitions and Alliances - Vol. II
- Mergers, Acquisitions and Alliances - Vol. III
- Mergers, Acquisitions and Alliances - Vol. IV
- Airline Industry
- » All Concept wise Cases
Industry wise Case Studies
- Banking and Financing Services
- Retailing
- Energy and Utilities
- Oil and Gas Refining, Marketing and Distribution
- Commercial Aircraft Manufacturing
- » All Industry wise Cases
Region wise Case Studies
Mergers, Acquisitions, Alliances and Synergies Case Study
Case Title:
Bank One and JP Morgan Merger : Building an Empire or Adding Value?
Publication Year : 2004
Authors: Gayathri Devi Vanamoorthy, G Srikanth
Industry: Banking Industry
Region: USA
Case Code: MAA0008
Teaching Note: Not Available
Structured Assignment: Not Available
OR
Abstract:
Deregulation of the banking industry in the US brought in a wave of consolidations, creating some of the largest banks in the world. On January 14th 2004, JP Morgan Chase announced its merger with Bank One, a deal, which was valued at $58 billion. The merger created the second largest bank in the US with assets worth $1.1 trillion. The combined company, JP Morgan Chase and Co., had a balanced mix of consumer and wholesale business, synergies in retail banking as well as investment banking, consistency in earnings and increased customer base. The success of the merger depended on the ability of the companies to blend their cultures, achieve cost cuts and attain growth in revenues.
Pedagogical Objectives:
- To understand the changing scenario in the US banking industry due to consolidation and to discuss the possible outcomes of the big mergers in the industry.
Keywords : Bank One and JP Morgan merger; Mergers and acquisitions;Mergers, Acquisitions, Alliances Case Study ; Growth strategies; American banking industry; Commercial and investment banking; William B Harrison; Private equity and banking; Glass-Steagall Act 1933; Gramm-Leach-Bliley (GLB) Act; Critical mass; Value creation; Credit card business; JP Morgan Chase and Co; Consolidation of technology platforms; Alliances and joint ventures
