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  • October 2023
  • Case
  • HBS Case Collection

JPMorgan Chase in Paris

By: Joseph L. Bower, Dante Roscini, Elena Corsi and Michael Norris
  • Language:English
  • | Pages:30
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Abstract

In 2019, Daniel Pinto, President and COO of JPMorgan Chase, has to make a recommendation to the bank’s Chairman and CEO, Jamie Dimon, about where to physically locate the bank’s European trading operations after Brexit takes effect in 2020. The decision-making process considered a range of European locations, including Dublin, Amsterdam, Frankfurt, and Paris, and ultimately Pinto is left with a choice between Frankfurt and Paris. The case describes the decision-making process and gives an overview of JPMorgan’s history in France and the French government’s efforts to make the country more economically competitive to lure banks moving from London in the wake of Brexit.

Keywords

Change Management; Banks and Banking; Financial Markets; Cross-Cultural and Cross-Border Issues; Globalized Firms and Management; Globalized Markets and Industries; Banking Industry; Europe; European Union; France; United Kingdom

Citation

Bower, Joseph L., Dante Roscini, Elena Corsi, and Michael Norris. "JPMorgan Chase in Paris." Harvard Business School Case 724-001, October 2023.

About The Authors

Joseph L. Bower

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Dante Roscini

Business, Government and the International Economy
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