3.0
8 July 2008
Current employee
New York, NY
Recommend
CEO approval
Business outlook
Pros
In the current market conditions, I believe the company is the one of the strongest on the street. I think within a year it will try to acquire another bank to expand its presence on the West coast.
Cons
It seems like JPMorgan and Chase are two completely different companies. It is hard making the transition from the retail side to the investment side. Chase is hiring a lot of young people to fill Branch Managers and FA position, as well as personal bankers. The lack of experience often provides bad customer service to the customers who have been with the bank for a long time and have accustomed to the way the branches were run.