Is Goldman Sachs right when argues that JPM should be dismantled?
Working through the complexities of breaking-up financial conglomerates.
As I’m currently doing research on the restructuring of global megabanks I was surprised to read in the Economist issue of January 10th, 2015 that analysts at Goldman Sachs estimates that JPM share price would rise 20% or ($ 44bn at current market value). That’s a huge optimistic estimation that do not even match available average estimates we know from serious empirical research.
Is Goldman showing too much envy of its historical rival?