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JPM JP Morgan Chase and Co

190.625
-1.04 (-0.54%)
Last Updated: 18:38:46
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
  -1.04 -0.54% 190.625 192.529 188.46 192.00 4,878,687 18:38:46

JPMorgan Regroups European Businesses

24/01/2022 10:08am

Dow Jones News


JP Morgan Chase (NYSE:JPM)
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   By Cristina Roca 
 

JPMorgan Chase & Co. said Monday that it has merged its EU businesses into one entity in Germany, part of an effort to simplify its structure for EU-based clients.

The U.S. bank said it has merged its Luxembourg and Irish businesses into its German one. The new Frankfurt-based entity, J.P. Morgan SE, is one of the five largest banking legal entities in Germany, it said.

JPMSE offers products and services across the lender's corporate and investment, commercial and private banking businesses.

JPMorgan's legal entities in the U.K. remain unchanged, the bank said.

 

Write to Cristina Roca at cristina.roca@wsj.com

 

(END) Dow Jones Newswires

January 24, 2022 04:53 ET (09:53 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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