Chase Manhattan BankChase Manhattan Bank

By: Jeff DopplerBy: Jeff Doppler

IntroductionIntroduction

Background information on Chase ManhattanBackground information on Chase Manhattan

CompetitorsCompetitors

Chase Manhattan’s requirements for the websitesChase Manhattan’s requirements for the websites

RecommendationsRecommendations

ConclusionConclusion

BackgroundBackground

Founded in 1955Founded in 1955

120 employees120 employees

Largest bank holding company in the U.S.Largest bank holding company in the U.S.

In 180 countries and 6 continentsIn 180 countries and 6 continents

Move trillions of dollars in securities dailyMove trillions of dollars in securities daily

BackgroundBackground

Currently called JPMorgan Chase & CompanyCurrently called JPMorgan Chase & Company

Primary business goal is to diversifyPrimary business goal is to diversify

Merged with Chemical Banking Corporation in 1996Merged with Chemical Banking Corporation in 1996

Acquired prestigious investment firm JP Morgan in Acquired prestigious investment firm JP Morgan in

September of 2000September of 2000

CompetitorsCompetitors

Bank of America CorporationBank of America Corporation

Citigroup Inc.Citigroup Inc.

The Bank of New York CompanyThe Bank of New York Company

Wachovia CorporationWachovia Corporation

Wells Fargo & CompanyWells Fargo & Company

Chase Manhattan’s Requirements Chase Manhattan’s Requirements for their websites for their websites

Want regional sites in at least Brazil, HongWant regional sites in at least Brazil, Hong

Kong, Japan, and the United KingdomKong, Japan, and the United Kingdom

Want the sites to correlate with the UnitedWant the sites to correlate with the United

States’ websiteStates’ website

RecommendationsRecommendations

All regional sites should be connectedAll regional sites should be connected

with the headquarters’ site in Newwith the headquarters’ site in New

YorkYork

Hire translators to put local websites inHire translators to put local websites in

the correct language, don’t use the correct language, don’t use genericgeneric

translationtranslation

Recommendations ContinuedRecommendations Continued

Use identical hardware and software in each area as Use identical hardware and software in each area as

much as possible to lower training costs and lower much as possible to lower training costs and lower

initial feesinitial fees

Try to use redundant systems to keep the system Try to use redundant systems to keep the system

up as much as possibleup as much as possible

Do everything in their power to make the security Do everything in their power to make the security

of the system the best in the business to give of the system the best in the business to give

themselves a competitive edgethemselves a competitive edge

ConclusionConclusion

Background information on Chase ManhattanBackground information on Chase Manhattan

CompetitorsCompetitors

Chase Manhattan’s requirements for the websitesChase Manhattan’s requirements for the websites

RecommendationsRecommendations