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  • Josh Rovner

Why J.P. Morgan for Investment Banking? / Overview of J.P. Morgan


Overview


Founded by its namesake 19th-century financier, J.P. Morgan is one of the leading global bulge bracket investment banks. Its parent company, J.P. Morgan Chase & Co., offers complementary services including sales & trading, corporate & commercial banking, and asset management.


In recent years, J.P. Morgan has led Wall Street in investment banking revenue largely due to its strength in debt capital markets (DCM) deals.


J.P. Morgan Overview


Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with J.P. Morgan, you should make sure you know:

  • 1 deal that the investment banking group has done

  • 1 person at the firm (ideally someone who would have influence over your recruiting process)

  • 1 business model-specific detail to mention


We articulate how you can answer this question thoughtfully in our Investment Banking Course. We also cover all technical and qualitative information you need to get a top investment banking offer.



Big 3 Qualitative Questions



Selected Transaction


J.P. Morgan acted as financial advisor to private equity fund Clayton, Dubilier & Rice for its acquisition of a majority stake in the Industrials business of Roper Technologies.

  • Transaction Description: Clayton, Dubilier & Rice, LLC entered into an agreement to acquire a 51% stake in RIPIC Holdings, LLC from Roper Technologies, Inc. (NYSE:ROP). Roper will receive pre-tax cash proceeds while retaining a 49% minority interest in a new standalone entity.

  • Transaction Value: US$2.6B

  • Transaction Date: Announced June 2022

  • Press Release


Fact Sheet


J.P. Morgan Logo

  • Company Name: J.P. Morgan (part of J.P. Morgan Chase & Co.)

  • Description: J.P. Morgan Chase & Co. is an American multinational investment bank and financial services holding company that offers advisory and capital market services to corporate, government, and institutional clients worldwide

  • Bank Category: Bulge Bracket

  • Ticker: NYSE:JPM

  • Founded: 1871

  • Employees: 271,000

  • Chief Executive Officer: Jamie Dimon

  • Headquarters: New York City, USA


Resources


J.P. Morgan Glassdoor



J.P. Morgan Salary


Based on the H1B Database, the average base salary for an Investment Banking Analyst at J.P. Morgan is $100k - $105k.

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