Remove 2011 Remove Investment Banking Remove Mergers and Acquisitions
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Transcript: Matt Levine

The Big Picture

Matt Levine : 00:05:09 There’s some of that, but like, you have to like, like yeah, you’re like writing merger agreements and then the other side is marking up the merger agreement and like you’re arguing over commas and stuff. What was your experience like? And I love that. I thought that was really fun.

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Transcript: Ken Kencel

The Big Picture

In fact, that was pre -merger with Manny Hanny and Chemical, and JP Morgan, and et cetera. They really weren’t in the investment banking business, and they looked at the opportunity there and said, gee, we should really have a high yield business and a financing business. KENCEL: It’s the investment banking affiliate.

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Could Buying JPMorgan Chase Stock Today Set You Up for Life?

The Motley Fool

Although the fallout from 2008-09's subprime mortgage meltdown forced the bank to axe the bulk of its dividend payments at the time, its annual payout began growing again by 2011 and hasn't stopped since. That's the fact that the banking business just isn't a high-growth one. Still, there are limits.