JPMorgan's Size: Hero or Risk?

JPMorgan Chase's acquisition of First Republic Bank has raised concerns about the bank's growing size and potential risk to the US financial system. With every failed bank that JPMorgan snaps up, the conundrum becomes clearer: JPMorgan is essentially the biggest risk to the financial system — and every time it expands to uphold the sector’s stability, so does its risk to the financial system. While JPMorgan emerges as a savior in the deal, federal regulators appear less impressive. Some experts worry that the bank’s history of coming to the US financial system’s aid is breeding a lack of confidence in regulators.