What the First Republic deal means for America’s banks
Regulators had to make it sweet enough for JPMorgan Chase to bite
“Life isn’t knights on horseback,” Logan Roy, boss of Waystar Royco, a media conglomerate, and lead character of “Succession”, a television drama, tells his son Kendall. He is warning his offspring that life is not about heroes. “It’s a number on a piece of paper. It’s a fight for a knife in the mud.”
This article appeared in the Finance & economics section of the print edition under the headline “Knights off horseback”
Finance & economics May 6th 2023
From the May 6th 2023 edition
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