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JPMorgan weighs exiting China venture

The bank is thought to be looking for a new partner for a venture in which it can wield greater control
Friday, October 21, 2016 - 05:50

Hong Kong

JPMORGAN Chase & Co is in talks to sell its stake in a Chinese investment-banking joint venture, a sign that foreign banks are getting frustrated with partnerships they can't control.

The New York-based bank is in talks to sell its minority stake in JPMorgan First

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