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BRIEF-JPMorgan Chase CEO dimon: would take "couple of years" to break up a big bank
Sept 11 |
Sept 11 (Reuters) - JPMorgan Chase & Co : * CEO dimon: would take "couple of years" to break up a big bank * JPMorgan CEO dimon: "there are huge benefits to size." * JPMorgan CEO dimon speaking at investor conference in New York * JPMorgan CEO: size helps US compete with big banks around the world * JPMorgan CEO: bank branches will continue to be fundamental to business * Dimon: JPMorgan would get through the worst case scenario in European debt
crisis * Dimon: JPMorgan might have opportunity to buy assets in Europe but unlikely
to undertake an acquisition. * JPMorgan CEO: investment banking business will rebound and be bigger in 10
years than today * Dimon: hopes board review of chief investment office trading issues will be
completed this year * JPMorgan CEO: little change in derivatives loss since July report
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