- The Big Picture - http://www.ritholtz.com/blog -
Chase to Hedge Funds: Drop Dead
Posted By Barry Ritholtz On November 29, 2011 @ 10:30 am In Corporate Management,Hedge Funds | Comments Disabled
We don’t fancy your kind around these parts. Sheriff, why don’t you show the man to his horse, . . . its best if you were to just mosey along, move out of town.
>
Fascinating note from Chase to a Hedge Fund client of ours: “JPMorgan Chase will no longer provide financial services to Hedge Funds or Private Equity customers.”
Before you assume its Dodd-Frank regs, the services in question are 1) Checking account; and b. Savings account.
Astonishing . . .
>
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2011/11/chase-to-hedge-funds-drop-dea/
URLs in this post:
[1] chase2hedgefunds dropdead: http://www.scribd.com/doc/74151825/chase2hedgefunds-dropdead
Click here to print.
Copyright © 2008 The Big Picture. All rights reserved.