Dick Bove JPMorgan Goldman Sachs

Bove Demands Goldman Sachs Explain Itself In JPMorgan "Attack"

The war of words regarding the potential break up of JPMorgan is intensifying. Noted Rafferty Capital Markets banking analyst Dick Bove is demanding an explanation from Goldman Sachs for what he says is “throwing the first stone” while JPMorgan is said to have had internal discussions that concluded Goldman needs to get bigger in brokerage to survive.

Readers may recall ValueWalk first reported on a Goldman Sachs research piece that . . .

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