Viewsroom: Trump touts riches while banks blunt breakup talk

May 20, 2016

 


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The presumptive Republican nominee for U.S. president boasted about the size of his 104-page financial disclosure statement filed this week with the Federal Election Commission. It may be HUGE, but what’s the upside of flaunting your wealth to an electorate fed up with Wall Street and billionaires? And The Donald has yet to release his tax returns.

Meanwhile, JPMorgan shareholders resoundingly bounced a proposal to study the possible benefits of splitting up the bank. Citigroup owners gave an equally chilly reception to a similar proposal last month. They’re missing out on a potentially lucrative idea.

And Pandora, the online music streaming service, is dealing with activist investor Keith Meister’s demand that it explore putting itself on the block. The company insists it can turn things around in the cutthroat music business, but a sale makes a lot of sense.

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