Juicy speculation: JPMorgan to buy Citigroup

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Well, you have to hand it to Jaime Dimon. He has JPMorgan Chase thriving at a time when its top competitor is struggling. Barron's has weighed in with a glowing article on the bank. The good vibes have resulted in a stronger stock, reflecting solid risk-management performance. It dodged the subprime bullets much better than others. Also, the 2004 merger of JPMorgan Chase and Bank One seems to be paying off. It just might be looking for deals. While WaMu and SunTrust are perennial rumor targets, there has been speculation from CreditSights that it could be in the market for...Citigroup. This is based largely on the fact that Dimon used to work there. But if things get bad enough, Citigroup may have to consider some sort of merger.  

For more:
- here's a Seeking Alpha item

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