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JP Morgan To Take Majority Stake In Chinese Joint Venture – FintekAsia


JP Morgan To Take Majority Stake In Chinese Joint Venture


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News Source: China Money Network.

JPMorgan Chase & Co. has announced that it will assume a majority stake of its Chinese mutual-fund management joint venture by raising its holding to 51% from 49% currently after Beijing recently relaxed its rules for foreign ownership of financial firms. (more…)

JP Morgan To Take Majority Stake In Chinese Joint Venture appeared first on China Money Network.

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This news article comes via China Money Network, who is the copyright owner of this information and news. FintekAsia.com has licensed the rights to this article and any republication or re-distribution in whole or in part of this content is strictly prohibited without the express consent of

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