Mr Cooper Group Inc (COOP)

[daulton]

Looks like The Street is back to pumping JPM again ...

" If banking M&A integration were a race, Wells Fargo (WFC Quote) would be the tortoise, while JPMorgan Chase(JPM Quote) sprints ahead in hare-like fashion. "

For investors, it's worth asking: Does slow and steady really win the race? JPMorgan isn't necessarily the poster child for acquisitions, but the firm has been able to complete two substantial integrations, of Bear Stearns and Washington Mutual, in just over a year. WaMu alone had $310 billion in assets and over 2,200 branches.

"The most logical way to compare Wells' performance is to look at JPMorgan-WaMu, since Bank of America's(BAC Quote) crisis deals were different and more complex. Still, it's not an entirely fair comparison. In the case of Washington Mutual, the bank had actually failed as customers raced to withdraw their funds. It may have been more important for JPMorgan to wipe away the impression of that failure, and install its own brand of security and safety in retail locations as quickly as possible.


http://www.thestreet.com/story/10668366/4/wells-patience-with-wachovia-paying-off.html