Comments on: JP Morgan’s reputation plunges http://blogs.reuters.com/felix-salmon/2012/05/23/jp-morgans-reputation-plunges/ A slice of lime in the soda Fri, 24 May 2013 18:36:44 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: PRVerdict http://blogs.reuters.com/felix-salmon/2012/05/23/jp-morgans-reputation-plunges/comment-page-1/#comment-39451 PRVerdict Thu, 24 May 2012 14:31:51 +0000 http://blogs.reuters.com/felix-salmon/?p=14299#comment-39451 The PR Verdict: C (Distinctly OK) for JP Morgan Chase. Jamie Dimon's early tactic of taking responsibility was not just the right thing to do, but good PR. The next step is stanching the reputation hemorrhage with a plan for restitution or better business practices, which could help rebuild customer confidence. The PR Verdict: C (Distinctly OK) for JP Morgan Chase. Jamie Dimon’s early tactic of taking responsibility was not just the right thing to do, but good PR. The next step is stanching the reputation hemorrhage with a plan for restitution or better business practices, which could help rebuild customer confidence.

]]> By: MrRFox http://blogs.reuters.com/felix-salmon/2012/05/23/jp-morgans-reputation-plunges/comment-page-1/#comment-39410 MrRFox Wed, 23 May 2012 18:02:55 +0000 http://blogs.reuters.com/felix-salmon/?p=14299#comment-39410 "JP Morgan’s reputation will recover, and it will surely return to the “meh” range that it’s been stuck in since the crisis — in the shallow end of negative territory." (FS) Probably, maybe - but JPM's still locked-in to the position, which apparently continues to bleed big. Who knows how far this thing runs? JPM needs an exit strategy - like desperately. “JP Morgan’s reputation will recover, and it will surely return to the “meh” range that it’s been stuck in since the crisis — in the shallow end of negative territory.” (FS)

Probably, maybe – but JPM’s still locked-in to the position, which apparently continues to bleed big. Who knows how far this thing runs? JPM needs an exit strategy – like desperately.

]]> By: GregHao http://blogs.reuters.com/felix-salmon/2012/05/23/jp-morgans-reputation-plunges/comment-page-1/#comment-39407 GregHao Wed, 23 May 2012 17:40:07 +0000 http://blogs.reuters.com/felix-salmon/?p=14299#comment-39407 Isn't this plunge arguably more disastrous for JPM which has a retail facing presence whereas GS doesn't? I'm not predicting a run on JPM or anything like that but bad PR could decelerate their retail deposit growth (which would lead to lower excess deposits and even more desperate bets to chase returns?). Isn’t this plunge arguably more disastrous for JPM which has a retail facing presence whereas GS doesn’t? I’m not predicting a run on JPM or anything like that but bad PR could decelerate their retail deposit growth (which would lead to lower excess deposits and even more desperate bets to chase returns?).

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