so jpm ups their bid for bsc by 5x to about 10; many sources have been cited stating they originally were willing to offer 15 to 20, so i'm sure dimon's still quite pleased. so for a billion or so, jpm gets bsc; here's a rough estimate of what i think the breakup value of bsc's continuing businesses are:
prime brokerage 3 billion
merchant banking 1.3 billion
asset management 1.3 billion
high net worth brokerage 1 billion
servicing .6 billion
energy assets .5 billion
total 7.7 billion
still a wonderful deal for jpm, in my opinion.
disclosure: long jpm
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