Entries tagged "SunTrust Bank Inc."
J.P. Morgan Chase & Co. couldn't have found a better environment to make deals. With the subprime credit crisis hampering stock valuations of banks, J.P. Morgan chief Jamie Dimon has had a field day with the proposed acquisition of Bear Stearns Cos. at a bargain price of $10 per share and nearly half the credit card portfolio of Target Inc. Now, Dimon reportedly told shareholders he wants to beef up the firm's consumer banking business in Washington and the South. So, what is on the radar screen for Dimon? ...
