JP Morgan's scope of global operations, location of major foreign Research Paper

JP Morgans scope of global operations, location of major foreign subsidiaries , their activities, and share in global revenues - seek Paper Examplend Chase brands, the cashbox has gained millions of customers across the worlds most prominent institutional, corporate and government clients (Oshri, et.al p.76).The firm has made an oversea priority by expanding its operations globally. JPMorgan Chase gets almost quarter of its revenue from the foreign operations by having branches outside the United States. The company focuses on mainly in western hemisphere Europe as it main target for international operation by investing in banking and treasury services (Mergent Industrial Manual, p.167). Although the company has faced major competition from big banks such as HSBC and Standard Chartered that has toeholds in emerging markets, it subsidiaries are still performing good. For example, the Citigroup has been rank to derive almost 60 percent of its revenue from oversea market and has also recorded good performance in China and India for decades (Loosvelt, p.34).The bank had been laying the groundwork for international refinement for sometimes and its now planning to open more branches in China, Russia and India. The bank assigned two top lieutenants to explore out the potential consumer overseas (Kumar, p.167). The bank created a network of global adviser that included Tony Blair the former British prime minister and established a partnership with buyout firm to hunt for overseas acquisitions. Due to the global credit crisis, the plans were postponed but the top executives are committed to bolstering the banks overseas business. The market plans to focus on a cardinal of emerging markets that includes Brazil, Russia, India, and China as well as places like Indonesia, Malaysia, Vietnam and parts of Africa (Nelsons Directory of Investment Research, p.178).The company hasset several strategiesthat have increased the banks international portfolio. For instance, the co mpany has purchased trading units from the Royal Bank of Scotland. The company has greater plans to buy one of the Brazilian asset management firm known as