Thursday, September 5, 2013

JPMorgan to stop making student loans

http://www.reuters.com/article/2013/09/05/us-jpmorgan-studentloans-idUSBRE9840QJ20130905

JPMorgan Chase & Co (JPM.N) will stop making student loans, according to a document reviewed by Reuters on Thursday, after the biggest U.S. bank concluded that competition from federal government programs limits its ability to grow the business.

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