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Is JPMorgan Chase Bank Helping the Banking Industry or Itself?

Is JPMorgan Chase Bank Helping the Banking Industry or Itself?

FromOnes and Tooze


Is JPMorgan Chase Bank Helping the Banking Industry or Itself?

FromOnes and Tooze

ratings:
Length:
34 minutes
Released:
May 5, 2023
Format:
Podcast episode

Description

JPMorgan Chase has come to the rescue of the banking industry once again by buying the doomed First Republic Bank. On this week's show, Adam and Cameron discuss what JPMorgan gets from the deal (spoiler alert: higher profits and even more sway in the U.S. financial system).
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Released:
May 5, 2023
Format:
Podcast episode

Titles in the series (100)

Foreign Policy economics columnist Adam Tooze, a history professor and a popular author, is encyclopedic about basically everything: from the COVID shutdown, to climate change, to pasta sauce. On our new podcast, Tooze and FP deputy editor Cameron Abadi will look at two data points each week that explain the world: one drawn from the week’s headlines and the other from just about anywhere else Tooze takes us. Check out Adam Tooze’s column at https://foreignpolicy.com/author/adam-tooze/. See acast.com/privacy for privacy and opt-out information.