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2016 Postmortem

thesquanderer

(12,689 posts)

8. Breaking up Chase doesn't mean fewer branches, it means they would be in fewer businesses.

Reply to Nye Bevan (Original post)

Mon Apr 25, 2016, 09:01 PM

Apr 2016

So they could keep all their "retail banking" services but spin off "corporate banking," for example (or vice versa), or divest themselves of their investment banking and stock brokerage businesses. There are many ways it could be done. Each individual sub-business would probably be about the same size it is now, but some of them would be different companies instead of all being part of one huge company (so if one goes south, it can't bring everything else down with it).

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When Bernie breaks up the banks, how many banks will Chase become? [View all] Nye Bevan Apr 2016 OP

damn oligarch dlwickham Apr 2016 #1

If a groundhog could grind ground, Fuddnik Apr 2016 #2

Primer... HumanityExperiment Apr 2016 #3

That is not what breaking them up is about kcjohn1 Apr 2016 #4

Thank you for this good explanation. SalviaBlue Apr 2016 #6

Chase is broken up...JP Morgan does investing, Chase does banking. JaneyVee Apr 2016 #7

Guess we'd better not break up the banks, then.....if you have to pay a small atm fee while on vacay virtualobserver Apr 2016 #5

Breaking up Chase doesn't mean fewer branches, it means they would be in fewer businesses. thesquanderer Apr 2016 #8

YOu are only seeing one facet of the business when you see the ATM nadinbrzezinski Apr 2016 #9

I worked at AT&T when the phone company was broken up hollysmom Apr 2016 #10

There's a national network of credit union ATMs, so the bank/credit union doesn't have to be big jfern Apr 2016 #11

You really have no clue do you? How about a bit of research. I am sure it will ease you worries. Live and Learn Apr 2016 #12

So you like banks that are so big we have to keep bailing them out? AgingAmerican Apr 2016 #13

Have you ever heard of ATM networks? Duh Armstead Apr 2016 #14

Hillary should make a campaign ad from this: Break up the banks and your ATM fees will go up!!! reformist2 Apr 2016 #15

Look! It's "Aw Shucks Nye!" morningfog Apr 2016 #16