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$175M isn’t that big for JPM. It’s only 0.02% of its market cap.
by bix6 1y ago
$175M isn’t that big for JPM. It’s only 0.02% of its market cap.
- NickC25 1y agoThey also have $4.3T in AUM. $175M for them is quite literally pennies to them.
- paxys 1y agoAUM isn't relevant because it isn't their money.
- zeusk 1y agoAUM is not theirs to keep; and market cap is a very deceitful metric especially for banks where liabilities dwarf the market cap.
- bix6 1y agoMy point is that it’s a minor transaction for them