Michael Cembalest

  • I'm not sure if all the small banks are supposed to be clustered in one big green square. But there are like 20 of them.

    News

    Big Banks Do Plenty Of Lending, Though Mostly With Other People’s Money

    I’m mesmerized by this JPMorgan research chart showing that big banks shouldn’t be broken up because they lend so much more to businesses and consumers than small banks do. See: Basically for every dollar of normalized capital, JPMorgan has extended $12 of credit between March 2010 and September 2012, according to this note by JPM’s […]

    / Jan 29, 2013 at 6:37 PM

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