JPMorgan Chase: Inside the World's Most Valuable Bank
The largest bank in the United States, read from the inside in October 2026: two centuries of mergers and rescues, from Aaron Burr's water company to First Republic; how a bank earns, and the balance sheet Jamie Dimon calls a fortress; the capital rules rewritten in 2025-26; Chase's branches and cards, the investment bank, the payments business that moves nearly $12 trillion a day, and the asset manager; the $19.8 billion technology budget, AI, and the deposit token; its failures and fines; Dimon and the race to succeed him; its fights in Washington; and what investors pay for it. Where the subject argues with itself, from the crisis deals and a cap on card rates to private credit and debanking, each side's case comes before the course's reading. Worked examples run from a quarter's income statement to what a multiple of tangible book implies. Opens with Key Numbers, a Who's Who, and a list of terms. Education, not investment advice, and it says so.** **