what am I missing?
JPM is only buying the subsidiary banking businesses (ie the assets and deposits of the branch network). It’s leaving all assets and more to the point, liabilities of the holding company with the FDIC.
what am I missing?
JPM is only buying the subsidiary banking businesses (ie the assets and deposits of the branch network). It’s leaving all assets and more to the point, liabilities of the holding company with the FDIC.