Breakingviews - Banks were first to fall in decade of lost trust [Reuters]
JP Morgan Chase & Co. (JPM)
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Source: Reuters
Breakingviews - Banks were first to fall in decade of lost trust | Reuters 5 Min Read LONDON (Reuters Breakingviews) - Banks were the first institutions to fall in a decade of lost trust. The crisis that reached its climax with the failure of Lehman Brothers a decade ago swept away the notion that financial leaders could be relied upon to safely run their firms. Since then central bankers, politicians and the media have also faced growing public scepticism. The malaise shows no sign of lifting. Rereading news reports from 2008, the biggest surprise is the credibility they granted to the chiefs of large banks. Even as their financial institutions threatened to collapse, investors, regulators and the media still attached enormous credence to what top bankers had to say. This aura of plausibility reflected a deep belief that the people running large banks had a better idea than anyone else of the risks that their institutions faced. It was not just credulous fund managers and reporters w
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Earnings
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Sec Filings
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- JPM's page on the SEC website