FRC -is deal with JP Morgan Chase a done deal

What's the deal between the two banks?

  • The deal is off

    Votes: 0 0.0%

  • The deal is being negotiated and near being done

    Votes: 0 0.0%

  • The deal is far from done.

    Votes: 2 100.0%
  • Total voters
    2
Z

zdreg

or has JPM discovered negatives about FRC while going through the books or is JPM playing hardball before signing off or are speculators/traders just playing around with stock or none of the above?
 
zdreg said:
or has JPM discovered negatives about FRC while going through the books or is JPM playing hardball before signing off or are speculators/traders just playing around with stock or none of the above?
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DONT know.
One solution is divide the bank in 3 parts+ get rid of all the managers that failed it.Sell it.
Will JPM buy it, dont know\ not likely .
J Dimon reportedly said if he could go back in time , he would not buy Bear Stearns again .
On a sarcastic positive note/ SVB London branch sold for $1,20[1 UK pound] Source=Fortune.com:D:D
Charles SCHW could buy it/ if he wanted it;
but he moved some stuff years ago from CA to TX, may not want it.
 
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zdreg said:
No stock risk . Hedge funds cannot push the banks around with this deal.
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HFs will keep it down. Deposit is a liability on the balance sheet, pays interest.
 
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