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Finance

J.P. Morgan’s 4 Operating Segments

As noted earlier, CCB is J.P. Morgan’s biggest segment. The bank is similar to its peers Bank of America (BAC), Wells Fargo (WFC), and Citigroup (C) in this regard. Core banking activities contribute the biggest chunk of revenues at all four banks.

Traditional banking activities are the biggest revenue source for most of the other banks in the Financial Select Sector SPDR ETF (XLF) as well. J.P. Morgan forms ~7.3% of the Financial Select Sector SPDR ETF’s (XLF) portfolio.

View more information: https://marketrealist.com/2015/03/jp-morgans-4-operating-segments/

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