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pearjuice
1138 days ago
Meaning JPM was also granted a new exemption to the 10% deposit cap in this acquisition? There are regulations[0] preventing banks with >=10% of US deposits to grow larger in size by acquiring other banks. Another win for TBTF theorists.
[0]
https://corpgov.law.harvard.edu/2018/05/29/regulatory-reform...
1 comments
skinnymuch
1138 days ago
A win for anti-capitalist theorists as well.
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once_inc
1138 days ago
Don't forget the cryptocurrency adherents..
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