'Modern' Banking Systems Can Bridge Profitability Gap
Investment banks took a beating during the financial crisis, both to their reputations and their balance sheets. The situation is more complicated for those firms with retail banking arms, and in the eyes of the markets, a share price is a share price, regardless of which part of the bank is propping it up or causing it to tank. Look no further than the recent case of JPMorgan Chase, in which bad derivatives trades cost the bank $2 billion.
As banks claw their way back to pre-crisis
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