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David Malpass has had stints in Washington and was chief economist at Bear Stearns
Welcome to Due Diligence, the FT’s daily deals briefing
Jamie Dimon has led the biggest winner of the post-crisis decade, but is there a convincing succession plan at the US bank?
Bank says claims were ‘thoroughly investigated’ and required no additional action
It looked like a steal 10 years ago, but JPMorgan’s $2-a-share takeover quickly soured
TV pundit replaces Gary Cohn following clash with president over tariffs
Landmark decision removes label put on insurer after 2008 meltdown
Malpass’s task is to reassure those eager to hear a single authoritative voice
Move would add another former employee of the Wall Street bank to the administration
FDIC vice-chair Thomas Hoenig throws weight behind banking separation
Bank to drop claims against agency in exchange for a payment of $645m
Maybe one pure investment bank is all that is needed
Lack of asset manager liquidity is one of biggest financial risks we face
Perhaps banks deserve more, but they have felt the heat since 2008
‘First K’ who defied hardball at takeover triumvirate
Penalties wrung out of the big banks by DoJ reach about $40bn
With members like these, why join the club?
FICC wants to expand service to include funds and large investors