JPM.PR.M: Lock-In Attractive Yields From JPM

Michael M. Santiago Thesis One of the main beneficiaries of the regional banking crisis last year was JPMorgan (JPM), an international systemically important bank. JPM represents in our view one of the best run banks and is able to achieve the rare feat of paying 0.01% on their checking and savings accounts currently: Checking & Savings (JPM) With Fed Funds above 5% and a depositor base shifting to money market accounts, many smaller banks have been forced to increase the rates they pay on savings and check ...