06/27/2012 08:23 am ET Updated Aug 27, 2012

Breaking Up (The Banks) Is Hard To Do

Seventeen years ago fund manager Michael F. Price spurred the merger of Chase Manhattan Corp. and Chemical Banking Corp., creating what was then the biggest U.S. bank and laying the foundation for JPMorgan (JPM) Chase & Co.

Now he has a new message: It's time to break up.

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