{
  "docId": "019dd923-5e88-73ef-bd5b-2a582766600d",
  "docSlug": "107d24286899fefe",
  "documentTitle": "2022 corporate investment bank investor day",
  "authorId": "JPMorgan",
  "authorName": "JPMorgan Chase & Co.",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 30,
  "pageCount": 47,
  "prevPage": 29,
  "nextPage": 31,
  "slideType": "financial_analysis",
  "function": "quantify_impact",
  "density": "balanced",
  "nDataPoints": 1,
  "notes": "The chart uses a waterfall structure to bridge expense levels across time periods and investment drivers.",
  "elementsJson": [
    "headline_text",
    "waterfall_chart",
    "callout_box"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5b-2a582766600d/30",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5b-2a582766600d",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5b-2a582766600d.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5b-2a582766600d#slide-30",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Expense associated with cost+ businesses expected to normalize.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-28a7-7520-bb77-d5992518c9ea",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.65,
        "x": 0.04,
        "y": 0.2
      },
      "kind": "chart",
      "text": "Firmwide Expense outlook",
      "attrs": null,
      "subkind": "waterfall",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9a4c6272-4905-473a-be47-abe5c4d55423",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.25,
        "x": 0.7,
        "y": 0.25
      },
      "kind": "list",
      "text": "Structural / Volume: Expense associated with cost+ businesses expected to normalize. New Products: Treasury Services capabilities best in class; Continued investment in key areas of focus. New Platforms: No expense growth as platforms near completion. Modernization: Continued modernization at current spend levels.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6c70209e-2add-4f55-af15-a48a1eeb5865",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Expense growth: 8% CAGR",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-28a7-7520-bb77-da9110929bec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.8,
        "x": 0.04,
        "y": 0.1
      },
      "kind": "title",
      "text": "We invested heavily in the business, but overall expense growth will decline going forward",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d28b08d8-1db5-40a0-905d-e3cbb883a1e7",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "bd1570d9-687f-4245-b7aa-0ba3f3a3824c",
      "evidence": "The slide features a waterfall chart showing firmwide expense outlook.",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "waterfall-chart",
      "slug": null,
      "matchId": "48e76cb1-2698-4100-8402-364772f293ee",
      "evidence": "The slide uses a waterfall chart to bridge expense growth over time.",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 40,
      "from": 26,
      "beatId": "6be37393-3c8f-4a7b-9bdd-947fbf231edc",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "The document provides data and examples to support the CIB's strategy and growth opportunities.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 33,
      "from": 27,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "ba4e349f-c13b-48d4-9330-798b1d01a898",
      "evidence": "The document uses the Golden Circle to explain the Payments business strategy and growth opportunities.",
      "position": 1,
      "objective": "To explain the Payments business strategy",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.7,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}