Exclusive: JPMorgan to offload $500 billion of custody business in Hong Kong, Taiwan – Sources – Portal
A JP Morgan logo is seen on January 10, 2017 in New York City, USA. Portal/Stephanie Keith/File Photo Acquire License Rights HONG KONG, Dec 12 (Portal) – JPMorgan Chase (JPM.N) will outsource operations of its local depository business in Hong Kong and Taiwan to Citigroup (CN), HSBC (HSBA.L) and Standard Chartered (STAN). L) in the … [Read more…]