Question: Please answer the following questions based on data from the FDIC website. Questions 1-9. Based on the 2019 data (i.e., as of December 31, 2019),
Please answer the following questions based on data from the FDIC website. Questions 1-9. Based on the 2019 data (i.e., as of December 31, 2019), describe JPM's:1 1. [1.0] Primary location (city and state) of the BHC's headquarters. 1 Note that all this information can be found under the FDIC Institution Directory.
This content is protected and may not be shared, uploaded, or distributed. 2 2. [1.0] Total combined bank assets of BHC. 3. [0.5] Number of commercial bank subsidiaries. 4. [1.0] Primary location (city and state) of largest (in terms of total assets) commercial bank subsidiary. 5. [0.5] Year established of the oldest bank subsidiary.2 6. [0.5] Number of employees (full-time) at largest bank subsidiary. 7. [0.5] Number of domestic bank branches ("offices") at largest bank subsidiary. Please round your answer to the nearest 1000. 8. [0.5] Number of foreign branches at largest bank subsidiary. Please round your answer to the nearest 100. Questions 9-13. Look up JPM's consolidated balance sheet for 2019 (i.e., as of December 31, 2019). Toggle the settings so that these data are expressed as a % of assets (click "Ratios" rather than "Dollars"). Based on these data, please answer the following: 9. [0.5] On the asset side of the balance sheet, does JPM invest more in cash ("cash and due from depository institutions") or securities? 10. [0.5] Do JPM's investments in loans ("net loans and leases") exceed 50% of its assets? 11. [0.5] Within the loan portfolio (click "Net loans and leases"), what is the largest subcategory of "Loans to individuals"? 12. [0.5] On the funding side of the balance sheet, does equity capital fund more or less than 10% of the bank's assets? 13. [0.5] How much of the bank's funding comes from retail ("Core") deposits (click on "Total deposits" to review the composition of this account)? Express your answer as a percentage of total bank assets and include two digits after the decimal point. Questions 14-16. Now, look up JPM's income statement for 2019 (i.e., the income and expense over the 4 quarters of 2019). Based on these data, please answer the following: 14. [0.5] Did JPM earn more interest income from its domestic loan book (under "Total interest income") or noninterest income from its trading book ("Trading account gains & fees")? 15. [0.5] Click on "Additional noninterest income". Did JPM earn more noninterest income from investment banking fees or from "other noninterest income" (fees from using ATMs, safety deposit boxes, etc.)? 16. [1] What was JPM's profit margin ("Net operating income" divided by the sum of "Total interest income" and "Total noninterest income") over this year? Express your answer in percentage terms and round to the nearest whole number.
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