What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to inform investors about a reorganization of JPMorgan Chase's business segments that became effective on July 1, 2011. It provides supplemental financial information to show how past results would have been presented under the new segment structure for better comparability and to align with current management organization.

Does this segment reorganization affect JPM's overall financial performance or previously reported results?

No, the reorganization of business segments does not affect JPMorgan Chase's reported net income, earnings per share, total assets, stockholders' equity, or regulatory capital for any previously reported periods. It is a change in how the company reports and manages its segments, not a restatement of financial performance.

What specific changes were made to the business segments?

The primary change is the transfer of the Auto and Student Lending businesses from the Retail Financial Services (RFS) segment to the Card Services & Auto (Card) segment. The RFS segment will now focus on Consumer & Business Banking and Mortgage Banking.

Where can I find more detailed information on the new segment structure and historical data?

Detailed information, including a mapping of prior reporting to the current presentation and supplemental financial data presented under the new segment structure for six quarters through 2Q11 and full years from 2008-2010, is available in Exhibit 99.1 of this Form 8-K filing.

JPMORGAN CHASE & CO 8-K: Regulation FD

Summary

JPMorgan Chase & Co. (JPM) filed an 8-K on September 30, 2011, to disclose a reorganization of its business segments, effective July 1, 2011. This filing primarily aims to provide investors with a clearer understanding of how the company's financial results would have been presented under the new segment structure for prior reporting periods. The changes are intended to better align reporting with the firm's management structure and do not represent a restatement of previously issued financial statements, meaning key financial metrics like net income, EPS, assets, equity, and regulatory capital remain unaffected. The core of the reorganization involves the transfer of Auto and Student Lending from Retail Financial Services (RFS) to the Card Services & Auto (Card) segment. RFS will continue as a reportable segment but will be focused on Consumer & Business Banking and Mortgage Banking. This move is designed to enhance the comparability and transparency of the company's financial reporting as it reflects current operational management. Investors should note that this is a disclosure of segment reporting changes, not a change in the company's overall financial performance or historical results.

Key Highlights

1JPM announced a reorganization of its business segments effective July 1, 2011.
2Auto and Student Lending have been moved from Retail Financial Services (RFS) to the Card Services & Auto (Card) segment.
3Retail Financial Services will now consist of Consumer & Business Banking and Mortgage Banking.
4This filing supplements financial disclosures to reflect the new segment management structure.
5The reorganization does not involve a restatement of previously issued financial statements.
6Key financial metrics such as net income, EPS, total assets, and equity are unaffected by this segment change.
7Exhibit 99.1 provides a revised financial supplement showing a six-quarter trend and historical annual data under the new segment presentation.

JPMORGAN CHASE & CO 8-K Report, Regulation FD Disclosure (Sep 30, 2011)

Summary

Key Highlights

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