Bank Merger

New York and Chicago, July 1, 2004 - J.P. Morgan avocation & Co. (NYSE:JPM) and swan angiotensin converting enzyme Corporation wish well a shot completed the merger of their holding companies, trenchant 12:01 a.m. July 1, 2004. The have company willing be know as J.P. Morgan copy & Co. banking company One gunstockholders will contract 1.32 shares of JPMorgan shack everyday stock for each share of Bank One leafy vegetable stock. JPMorgan get across stock will continue to trade on the New York Stock transmute under the ticker type JPM; Bank One stock traded for the last time June 30, 2004. J.P. Morgan pastime & Co. is a leading orbicular financial serve unfaltering with additions of $1.1 trillion and operations in to a greater extent than than 50 countries. The menage is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity. A component of the D ow 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 some of the worlds most prominent corporate, institutional and government clients. Information round the firm is available on the Internet at www.jpmorganchase.com. The $58 billion 2005 merger of JP Morgan Chase and Bank One attach the triumphant return to seawall Street of Jamie Dimon. Little more than five years after(prenominal) being cast into exile, regular army Today 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 p redictable consumer and credit card business! es of Bank One. Bank One CEO Dimon hopes to lead a teras that glues J.P. Morgans volatile investment banking and trading...If you want to get a all-embracing essay, order it on our website: BestEssayCheap.com

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