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| 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 | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 271.04 | 758 | 10:44:36 |
From Feb 2023 to Feb 2025
--JPMorgan plans to fully exit the local custodian business in Asia-Pacific by finding another bank to take on its Hong Kong and Taiwan custody operations, with Citigroup and Standard Chartered among the candidates, Reuters reports, citing unnamed sources.
--The U.S. bank has about $520 billion worth of client assets under custody as a local custodian in the two markets and plans to complete the transition by the end of 2024, according to Reuters.
Full story: tinyurl.com/2p9ch7as
Write to Ben Otto at ben.otto@wsj.com
(END) Dow Jones Newswires
December 12, 2023 00:14 ET (05:14 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year JP Morgan Chase Chart |
1 Month JP Morgan Chase Chart |
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