“It’s an absolute bargain”.
I blink several times and pause, just to check my friend’s not joking. We are discussing JPMorgan’s acquisition of Nutmeg, a deal that market watchers almost universally thought was pricey.
Asset Management
Why I’m giving the JPMorgan Nutmeg deal a second look
The Wall Street titan paid a hefty price for a loss-making wealth manager. That might be smarter than we first gave it credit for.
