Friday, April 23, 2021
Tags JPMorgan China

Tag: JPMorgan China

JPMorgan to Raise Equity Stake in Chinese Securities Joint-venture from 51% to 71%

Wall Street bank JPMorgan will significantly raise its stake in its majority-owned securities joint-venture in China, amidst further moves by Chinese regulators...

JPMorgan Grabs Approval for China’s First Fully Foreign-owned Futures Firm

Storied Wall Street bank JPMorgan is set to become the first foreign bank to fully own a futures business in China after...

JPMorgan Set to Become First Foreign Bank to Fully Own Mutual Fund Vehicle in China

Storied American investment bank JPMorgan has entered an agreement to buy out the stake of the local joint-venture partner in its Chinese...

JPMorgan Becomes First US Bank Approved for Majority-owned Securities Venture in China

JPMorgan Chase has obtained approval from Chinese regulators to launch its own majority-owned securities business in the Middle Kingdom.

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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...