The Deal
Saturday, November 21, 
9:18 pm

J.P. Morgan's Rivas: 'TARP is going to help deals get done'

  Share     E-Mail    Discussion    Print Story
US-DeptOfTheTreasury-Seal.svg.pngJ.P. Morgan Chase & Co.'s managing director Fernando Rivas said at the Securities Industry and Financial Markets Association's Summit on the Troubled Asset Relief Program Monday that the TARP program will help increase the amount of completed deals.

"TARP won't change strategy," Rivas commented. "The important thing to note is that a lot of the bigger deals happened before TARP."



Continue reading below

Also on Dealscape

However, Rivas did say that the TARP program has a significant role to play in banking M&A.

"Where TARP is going to be effective is in building confidence for M&A," Rivas said. "TARP is very useful in helping the bank's capital base.

"From an M&A point of view, TARP is going to help deals get done, but it's not going to change the landscape significantly in terms of what does happen." - George White

See more posts from SIFMA summit






Post a comment





The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.