Eddie Scutari, class of ’24, presented a pitch to J.P. Morgan Chase & Co. (JPM) on April 22, 2024. J.P. Morgan Chase & Co. is a diversified financial institution providing a broad range of services globally to individuals, corporations, governments, and other financial entities. Its primary divisions include Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and the Corporate Division.
Eddie’s investment thesis was predicated on the underrepresentation in the banking and financial services sectors in SMIF’s portfolio, a diversified revenue portfolio, robustness during financial downturns, and the maintenance of a solid brand image.
The class decision to exclude J.P. Morgan from the investment portfolio was influenced by apprehensions regarding the prevailing interest rate environment.