9 JPMorgan Chase & Co.
JPMorgan Chase & Co. is the result of the merger that took place at the end of 2000 between JPMorgan & Co. and Chase Manhattan, the former Bank of Manhattan, founded by David Rockefeller. The merger created the largest US bank and sixth largest in the world, with a market capitalization in December 2017 of US$ 306 billion and which manages assets above US$ 2 trillion worldwide (Smartasset, 2019).
Discussing the financialization process involving a bank may seem odd as the bank is a financial organization par excellence and its main concern is finance. However, it is not that simple. We remember that Ertürk (2015) had already mentioned that the financialized mentality was the product of a ...
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