Thursday, January 28, 2010

Wells' Patience With Wachovia Paying Of

For investors, it's worth asking: Does slow and steady really win the race?

JPMorgan isn't necessarily the poster child for acquisitions, but the firm has been able to complete two substantial integrations, of Bear Stearnsand Washington Mutual, in just over a year. WaMu alone had $310 billion in assets and over 2,200 branches.

Wells Fargo, on the other hand, plans to take at least three times as long for a slightly larger task.

Continue Reading