In October, the CEO of JPMorgan Chase & Co., is preparing for the business's 2010 Q3 earnings conference call and wondering how to address the inevitable questions related to monetary reform. It's been just over two months since the Dodd-Frank Monetary Reform and Consumer Protection Act (Dodd-Frank Act) was passed, and there is still much uncertainty as to how JPMorgan should address the reforms. JPMorgan had reported stronger than expected EPS in the 3rd quarter, but analysts were more worried about what strategic initiatives the CEO would apply in response to the Dodd-Frank Act.
JPMorgan and the Dodd-Frank Act Case Study Solution
The act had introduced wide-ranging and industry-shifting reforms which were aimed mostly at fully incorporated financial institutions for example JPMorgan. While a lot of the rulemaking would be impending from regulatory authorities, the CEO recognize that it would be best to deal with these issues instantaneously by avoiding doubt to protect investors.
PUBLICATION DATE: November 28, 2011 PRODUCT #: UV5660-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING