One Analyst’s Pitch to Break Up the Big Bank Got Wall St.’s Attention

2014 was a tough year for Jamie Dimon and JP Morgan: the bank struggled through massive legal bills, its CEO’s illness and a difficult regulatory environment. Now, however, analysts are boosting all banks’ coverage — including JP Morgan — on expectations of a better future in Washington, and more top-line opportunities. One Goldman Sachs analyst suggested breaking up the bank, which has lagged peers as of late, but JP Morgan’s launch of a new ETF coincided with a 2% share boost yesterday, so it looks like Dimon isn’t taking the breakup advice yet. Earnings on the way next week for JP Morgan.

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