You are confusing investment banking with stock analysis. There is chinese wall between the two. If they were meeting the investment bankers (deal advice etc.) you WOULD NOT hear about it. And, no way can there be analysts and Investment bankers in the same meeting (after the tech crash rules were changed...). The 3 million shares you see for JPM is in the asset management devision where they are held in the client funds. Again, strict wall between asset management and SELLSIDE analyst. Its good they are having this meeting. No need to confuse stuff with BS.