JPMorgan Chase & Co.’s parts are probably worth more to investors than the whole after regulators proposed tougher rules penalizing firms for size and complexity, according to Goldman Sachs Group Inc. JPMorgan could unlock value by splitting its four main businesses or dividing into consumer and institutional companies, Goldman Sachs analysts led by Richard Ramsden wrote today in a research note. Units of New York-based JPMorgan trade at a discount of 20 percent or more to stand-alone peers, they wrote. [Bloomberg]
Layoffs Watch '15: JP Morgan, Goldman Sachs, Maybe
According to Charlie Gasparino, the banks may or may not see cuts next year.
Former JP Morgan, Morgan Stanley, Barclays, BAML, Goldman Sachs Intern Has YouTube Stardom To Fallback On
Take it away, Jess Greenberg.
Bonus Watch '15: Goldman Sachs > Morgan Stanley > Bank of America
And backing up the rear for bonus across the pond: Société Générale.
JP Morgan Junior Bankers Not Gonna Sit Back And Let Counterparts At Goldman Sachs Have All The Cheating Fun
Cheating on internal training exams: so hot right now.