Back to Search Start Over

America's Biggest Bank Is Everywhere—and It Isn't Done Growing.

Authors :
Benoit, David
Source :
Wall Street Journal (Online). 5/22/2023, pN.PAG-N.PAG. 1p.
Publication Year :
2023

Abstract

Marianne Lake and Jennifer Piepszak, the co-heads of JPMorgan's consumer bank, would make the trip to First Republic's San Francisco headquarters and manage the integration. Keywords: wsjfinance-ws; gfx-contrib; Banking; Commercial Banking; Financial Investment Services; Banking/Credit; Financial Services; International Banks; Investing/Securities; Private Banking/Wealth Management EN wsjfinance-ws gfx-contrib Banking Commercial Banking Financial Investment Services Banking/Credit Financial Services International Banks Investing/Securities Private Banking/Wealth Management N.PAG N.PAG 1 05/23/23 20230522 NES 230522 The deposit crisis that toppled First Republic and two other banks has only made JPMorgan stronger Thousands of banks call the U.S. home. The San Francisco-based bank had a slew of rich customers and a ready-made wealth-management business, something JPMorgan was painstakingly building on its own. The idea was to capture some of the $4 trillion in assets that JPMorgan depositors were keeping at other wealth managers like Morgan Stanley and Bank of America. [Extracted from the article]

Details

Language :
English
ISSN :
25749579
Database :
Academic Search Index
Journal :
Wall Street Journal (Online)
Publication Type :
News
Accession number :
163820093