Surveillance: Earnings Contraction with Han
Bloomberg Surveillance
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JP Morgan's Profitability in a Bank Failure
The deposits that they're assuming, JP Morgan, from First Republic. You asked about this on the call yesterday. Jared, how do those deposits reprice? Did you get some clarity on that? John, what happens normally in bank failures, quite often the acquirers are able to renegotiate down those rates of interest on those deposits. That was the reason for the question because that makes the deal even more attractive to JP Morgan.
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