ABSTRACT
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. Discussing the financialization process involving a bank may seem unusual as a bank is a financial type of organization par excellence, whose central concern is finance. However, it is not that simple. The financialized mentality is the product of a progressive inculcation in all companies, including banks. The idea of maximizing shareholder value as a basic premise of the new orientation resulting from the change in the conceptions of control is also an increasing process in banks and not something whose adhesion has been automatic. In the JPMorgan Chase & Co. case study, we will see that in the five years analyzed, four of them had higher profits from noninterest income than profit from interest-related income. For us, this is a strong sign of financialization in a financial type of organization, as there is an even greater need to extract value from wherever it comes to achieve the commitment to maximize shareholder value.
