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JPM JP Morgan Chase and Co

190.80
-0.86 (-0.45%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
JP Morgan Chase and Co NYSE:JPM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.86 -0.45% 190.80 192.529 188.46 192.00 8,922,779 01:00:00

JPMorgan Names Park Pu as Head of Investment Banking at China's Brokerage Unit

12/07/2019 9:30am

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By Joanne Chiu

 

JPMorgan has appointed Park Pu as head of investment banking at its China's brokerage unit, according to an internal memo seen by The Wall Street Journal on Friday.

Mr. Pu's appointment is subject to the internal approval process of J.P. Morgan Securities (China) Co. Ltd and effective upon the full establishment of the company, the memo said.

China Securities Regulatory Commission, earlier this year, approved a plan by JPMorgan Chase to set up a majority-owned brokerage joint venture in China.

Mr. Pu, who joined JPMorgan in 2015 as vice chairman of investment banking for China, has played an instrumental role in the formation of the bank's brokerage unit in China. In his new role, Mr. Pu will be responsible for all domestic investment banking businesses within the onshore brokerage unit, the memo said.

 

Write to Joanne Chiu at joanne.chiu@wsj.com

 

(END) Dow Jones Newswires

July 12, 2019 04:15 ET (08:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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