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Message
re: JPM planning to exit prepaid card business
Posted on 1/9/14 at 1:32 pm to Blakely Bimbo
Posted on 1/9/14 at 1:32 pm to Blakely Bimbo
The government is not going to break up JPM due to its prepaid card arm... It's likely that the resources they were putting towards that division can be more profitably deployed elsewhere.
1
Posted on 1/10/14 at 1:24 pm to Beerinthepocket
quote:
The government is not going to break up JPM due to its prepaid card arm... It's likely that the resources they were putting towards that division can be more profitably deployed elsewhere.
No, not because of the of the PP arm, but they have been shedding business'. Some of it Dodd Frank related, but this was surprising.
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