Move Over Jamie Dimon, Citi Becomes King of the Fortress Balance Sheet
JPMorgan Chase is home to the famous "fortress balance sheet," right?
It's that balance sheet that powered JPMorgan through the financial crisis, gobbling up assets and market share while the competition was backed into a corner, fighting for survival. CEO Jamie Dimon has been preaching this philosophy for years.
But today, six years later, Citigroup may be beating Jamie Dimon at his own game. In the video below, Motley Fool contributor Jay Jenkins argues just that, and he's got the numbers to back it up.
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The article Move Over Jamie Dimon, Citi Becomes King of the Fortress Balance Sheet originally appeared on Fool.com.Fool contributor Jay Jenkins has no position in any stocks mentioned. The Motley Fool owns shares of Citigroup and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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