3.02.15 - What JPMorgan would look like split into four banks
"In his 10 years as CEO of JPMorgan Chase & Co., Jamie Dimon has built a megabank that spans the country, dominates Wall Street and which last year generated $22 billion in profit—more than Warren Buffett's Berkshire Hathaway. The bank's stock has returned more than 80% during the past decade, while its peer group has lost 14%.
"Nevertheless, Mr. Dimon finds himself battling to keep his creation intact. He even took to a conference stage last week to implore investors to stick with his vision of supersize banking. "Our large corporate and government clients need a large bank," he insisted. "It is not possible to do what they need and be a small, regional bank.""