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Will UBS live to regret its Credit Suisse takeover?
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fnlondon.comAlmost exactly 15 years ago, Jamie Dimon got a call from Washington asking JPMorgan Chase to take over the struggling Bear Stearns.
The US authorities were worried that if the smaller investment bank was allowed to fail it would trigger a broader crisis of confidence.
Dimon agreed and lived to regret the decision after the cost of the takeover...
Read more on fnlondon.comAbout this in other media
Financial turmoil will be felt for years, says JP Morgan boss theguardian.com /1 year ago
Credit Suisse chairman tells shareholders he is ‘truly sorry’ fnlondon.com /1 year ago
Credit Suisse chair ‘truly sorry’ over downfall of 167-year-old bank theguardian.com /1 year ago
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