5/5/2009

The financial sector will continue to consolidate, according to JPMorgan Chase Chief Executive Officer Jamie Dimon. "The banks in the stress test are roughly half the system for deposits and loans; that means the other 8,000 are the other half. Some are good at what they do, but some will roll up over time. Some may not be able to survive, and I think you'll see consolidation," he said.

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