This case is about the merging of Bank One with JPMorgan Chase, to claim the second largest banking franchise in the United States. The case also talks about the banking industry at the time the case was written. The rationale for the deal of the merger is also discussed in detail.
The teaching objective of this case is to discuss the implication of the merger of Bank One and JPMorgan. The case will help students discuss the pros and cons of the deal, and the rationale behind it, as well as the valuation and accounting of the transaction.