Theoritical responses? This is the right forum to post such a topic... Right? Becuase it clearly says wall-street, this question is interesting for those who are interested in it, but thanks for the extra reply anyway.

What is a Signature?
 

Riegle–Neal Interstate Banking and Branching Efficiency Act institutes a deposit cap.

A bank holding company could not control more than 10 percent of the nation’s total deposits, or 30 percent of any single state’s total deposits, unless a state elected to establish its own deposit cap above or below this 30 percent limit.

JPM is already above 10 percent threshold. Banks can grow organically above 10% threshold but can't merge if the combined threshold >10% percent.

 
BatemanBatemanBateman:

My theory is that they would re brand as one of (but not limited to) the following:

1. JP Goldman Chases Snacks & Co. & Co.

2. Prestige Worldwide (wide, wide, wide)

3. HYP

4. Goldman Chase & Co's Snacks

5. #BetterThanMorganStanley

6. The Illuminati Club

My initial guesses would be #2 or #3

The (wide, wide, wide) part gets me every damn time I hear it.
 

JackTheBad to give you a serious answer, as others have mentioned if the DOJ doesn't attempt to block this (even if both firms sell large amounts of assets or divisions) the MSM and or SJW/anti-Wall Street crowd would go absolutely bananas and create such a backlash that any politician that is remotely ok with this will probably wind up committing political suicide.

Bloomberg did have a good article on plausible bank mergers that I recommend you and others read: www.bloomberg.com/news/articles/2016-07-08/dare-to-dream-the-bank-merge…

I don't know enough about the industry to ascertain if the above is possible or even makes sense but they do make some good arguments for mergers in the banking industry.

 

Blankfein is a short little guy and therefore a smaller target, more elusive. However, Dimon is of Greek descent and therefore has ancestral ties to the Spartans, who were experts with spears. I'm going with Dimon as well.

The fool thinks himself to be a wise man, while the wise man thinks himself to be a fool.
 

TippyTop11 not trying to argue semantics but isn't GS a full-service IB whereas JP Morgan is more of a money center bank/retail (deposit focused)?

If it weren't for there sheer size and public scrutiny I would imagine a merger wouldn't be out of the realm of possibility? I don't know how big Lehman or Bear were at the time but I imagine if GS was around their size it could be possible.

 

the duty for these two big investment corporate are totally different. GS is more global business, JP is more focus on small client. If they are going to merge together, I think it would screw up.

English man in WSO, fresh off the boat.
 

Why would they even merge? I doubt the government would allow for two large banks to merge in a time of non crisis.

If by some chance it did happen they'd create a very large bank. This bank, in turn, would be a super dominate force in the markets.Chances are it would change the face banking around the world and would force the mergers of more banks creating "super" bank as the only way to compete. But again various government agencies wouldn't allow for this in a time of non crisis.

I'm not a real banker though...
 

What if Pakistan and India stopped hating each other and merged back into one country? What would happen if America returned to centrist common sense politics? What would happen if we stopped having an insanely large and harsh judicial system? All the possibilities above have a higher chance of happening then JPM and GS merging into one company (maybe not India/Pak but still).

 

I am very disappointed with the answers.

Well done guys for pointing out the obvious that it is not going to happen and that the government would not allow it anyhow- you guys are very smart and real legends.

But are you capable of thinking further than that , in a fictional scenario what would it mean for other banks, customers , finance in general ?

 

GS_ER given the nature of this board (I'm generalizing here) I don't think anyone should be surprised at the answers given because the likelihood of something like this even happening are slim to none.

The world economy would need to be in the gutter (something that makes 2008 Financial Crisis look like child's play) in order for anyone to even entertain an idea of GS and JPM merging or one acquiring the other.

To answer your post, some users did lay out good explanations for why this wouldn't make sense such as marthcantip and many others.

 

@GS_ER I'm sorry you can't imagine something so incredibly basic. The answer you're looking for falls in line with something like what if Goku fought Superman who would win. It's dumb because: A). It's never happening B). Fanboys will cry that Actually Goku would transform into Super Saiyan God while Superman is somehow stronger. C). Who cares

Why did you even make this topic. This should have been a thought experiment.

I'm not a real banker though...
 

Quod et rerum quibusdam tempore tenetur et cupiditate voluptas. Illo labore possimus mollitia molestiae veritatis sapiente ad. Quos impedit delectus exercitationem laudantium ipsum doloribus dolorem.

 

Quia nobis dignissimos minus minus id totam eum. Quis sed voluptas sit ipsum doloribus. Mollitia necessitatibus officia et ut. Eum voluptatibus dolores aut vel beatae. Culpa nostrum blanditiis eaque voluptatum nesciunt. Quia fuga voluptas nihil nisi reprehenderit illo quis quo.

Vitae similique nulla delectus qui saepe in quo. Voluptatem veritatis omnis adipisci eveniet consequatur sed qui. Odio voluptatem assumenda provident. Ratione iste aperiam est sunt voluptatem voluptates nostrum. Non a autem quas ipsam architecto est explicabo. Voluptatem non dolor perspiciatis voluptas quia quaerat facilis.

Reprehenderit eum asperiores sint magnam ab sed. Hic eligendi voluptatem temporibus et. Qui consequatur nam et atque facilis rerum. Error beatae cupiditate doloribus est. Deserunt et aliquid blanditiis possimus at et. Maiores minima perferendis voluptates.

Corporis expedita et perferendis quasi placeat tempora doloribus. Illo saepe eum vel totam ab incidunt vitae.

 

Officia et ratione nobis ratione eos. Iusto architecto eligendi a rerum doloribus vel. Doloremque optio possimus amet consequatur laborum.

Adipisci ut non quaerat natus tempore aut in. Est voluptatem maxime voluptas. Sit odio dolorum ut et.

A explicabo autem officiis accusamus iusto maxime. Nobis deleniti ipsum in illo. Eaque dicta totam aliquid aut laborum architecto sint ipsum. Sed ut vitae similique adipisci exercitationem laboriosam itaque.

Soluta temporibus fugiat in laudantium nihil consequatur quasi. Officia non modi officia qui quo. Vel est vel doloremque sapiente nihil. Provident distinctio aspernatur aut excepturi non id. Alias voluptas est suscipit ut perferendis et.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”