Bank One (JP Morgan Chase)

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Now a brand of JPMorgan Chase, Bank One Corporation is part of the number two financial institution in the U.S. Bank One has been praised for its support of diversity and its community involvement efforts, and JPMorgan Chase/Bank One also devised new sustainability guidelines for investments and operations. As an industry giant, the company has been the subject of antitrust criticism and was sued on the grounds of misleading shareholders about the company's financial status. Bottom line: JPMorgan Chase and its subsidiaries must strive to reach a higher level of sustainability and transparency.

-- Profile Updated 06/30/2010

About Bank One (JP Morgan Chase)


Chicago-based Bank One operates 18,000 branch location, mostly in the Midwestern United States, that offer consumer and business banking services. Bank One reported sales of $22.1 billion and employed 73,600 people in 2005. After merging with JP Morgan Chase in July of 2004, Bank One became a brand of JP Morgan Chase & Co.

Campaigns

Global Finance Campaign

Rainforest Action Network, together with allies and activists around the world…

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Rainforest Action Network, together with allies and activists around the world, is working to redirect the global economic system away from destructive activities and into sustainable and socially just alternatives. Forest destruction, species extinction, and climate destabilization create an imperative for concerned citizens to demand an end to destructive investments from the world’s largest financial institutions and help to chart a new course towards a sane and sustainable global economy. Click on the URL to learn more and take action.

ran.org/what_we_do/global_finance/


Affiliates

There are no known affiliates associated with Bank One (JP Morgan Chase).

Contact Bank One (JP Morgan Chase)


Bank One (JP Morgan Chase)
Chicago, IL 60670 USA

Phone: 312-732-4000

Web: www.bankone.com

Alerts

Ethics and Governance

Upon completion of the merger between Bank One and JP Morgan Chase & Co.…

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Upon completion of the merger between Bank One and JP Morgan Chase & Co. in the summer of 2004, some community groups expressed fears of stifled competition and predatory lending. The merger created the second-largest financial institution in the United States, with assets totalling more than $1trillion USD.

-- Boston.com, 06/14/2004

Source URL: www.boston.com/business/articles/2004/06/14/fed_oks_jp_morgan_chase_ba...


Environment

The Global Finance Campaign sponsored by the Rainforest Action Network (RAN) works to end the financing of ecologically and social…

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The Global Finance Campaign sponsored by the Rainforest Action Network (RAN) works to end the financing of ecologically and socially destructive projects, and emphasizes socially responsible alternatives. RAN’s focus on major financial institutions such as Citigroup, Bank of America, and JPMorgan Chase (owner of Bank One) has met with success: All three have introduced socially responsible operational guidelines. The campaign is now focused on holding these corporations accountable to their own newly set standards.

-- Rainforest Action Network, 01/01/2001

Source URL: www.ran.org/ran_campaigns/global_finance/


Human Rights

A former female employee of Bank One Corp. filed a $15 million age and sex discrimination lawsuit against the company, where she h…

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A former female employee of Bank One Corp. filed a $15 million age and sex discrimination lawsuit against the company, where she had been its chief lobbyist and PAC manager.

-- Chicago Tribune, 05/10/2002

Source URL: none available


Ethics and Governance

Bank One Corp. has agreed to pay a $45 million settlement after a lawsuit accused the company of misleading shareholders about its…

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Bank One Corp. has agreed to pay a $45 million settlement after a lawsuit accused the company of misleading shareholders about its credit card's financial status. The company denied any wrongdoing. In 2000, Bank One agreed to pay up to $39.9 million to settle a class action case accusing the company of issuing improper late fees and interest rate increases.

-- Chicago Tribune, 04/06/2001

Source URL: none available