A financial holding Company whose activities are organized into six business segments: Investment Bank, Retail Financial Services, Card Services, Commercial Banking, Treasury & Securities Services and Asset Management.
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A buy at these levels. Probably the best large bank, better even than Wells Fargo, because of the investment banking and greater world exposure.
JPM's investment banking & world exposure just netted a 900M loss from the MF Global collapse. And that is just the beginning.