Peter Nayland Kust on Substack: "JPMorgan takes over First Republic, a “failed” bank, and the takeover is IMMEDIATELY accretive to earnings? https://apnews.com/article/jpmorgan-chase-bank-jamie-dimon-earnings-68764125c872aba197a0cfcb7e7aff74 How in the nine rings of Hell does that happen?"

Peter Nayland Kust

All Facts Matter

JPMorgan takes over First Republic, a “failed” bank, and the takeover is IMMEDIATELY accretive to earnings?

How in the nine rings of Hell does that happen?

apnews.com

JPMorgan second quarter profit jumps 67% with a boost from First Republic takeover

Jul 14, 2023

at

2:06 PM

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts