Former Chase execs target bank buying

Three former Chase executives have formed an investment entity to target the purchase of US based banks.  Encore Financial Partners Inc will “seek to acquire an manage banks with a focus on consumer lending and technology-driven, back-office functions because of its founders experience.”

Does anyone else find that incredibly funny?  Here at the front lines of Chase complaint central, it sure doesn’t look like Chase has their act together with handling the day-t0-day banking functions that should just work.

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