In a first for a Chinese wealth manager roping in a foreign strategic partner, J.P. Morgan Asset Management, the asset management unit of J.P. Morgan Chase & Co., said it will buy a 10% stake in CMB Wealth Management Co., Ltd. for about RMB 2.67 billion (US$410 million USD), subject to regulatory approval. The deal between JPMAM and CMB will…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]