JPMorgan16 Jun 2021 10:26
Well I know it’s the us but Jamie Dimon ceo basically said that JPM was holding cash waiting for higher rates as he sees inflation coming - so basically waiting... really metros strategy of going for higher yielding loans might not be that risqué after all, if we do get inflation a lot of this banks loans should get paid.. doesn’t really matter too much about whether the bank makes a grand deal because, so long as it evaporates mtro’s current debt... it’s all just maths... I can understand why metro doesn’t want to attract more cash it doesn’t make anything on atm..