Yep, welcome news.
Just like 08 when JPM stepped in and acquired Washington Mutual from the same position as SIVB?
That was 2 weeks after Lehman
JPM then proceeded to wipe off around 70% over the next 6mths
I'm sure this time will be different though.
As I said, I'd tread carefully and definitely DYOR
History may not repeat itself but it usually rhymes
Unless this time is different of course...
JPM peaked a few days after it acquired Washington Mutual - then you can see what happened from there...
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