Jpmorgan Injects $400 Million Into China Unit, Eyes Expansion

SHANGHAI (Reuters) - JPMorgan Chase & Co has injected 2.5 billion yuan ($394.08 million) into its China unit, the latest foreign bank to beef up its Chinese operations.

Topics:  shanghai reuters     jpmorgan chase    co   china   chinese   million   
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  • JPMorgan injects $400 mn into China unit, eyes expansion
    Shanghai: JPMorgan Chase & Co has injected 2.5 billion yuan ($394.08 million) into its China unit, the latest foreign bank to beef up its Chinese operations. Foreign banks, including HSBC and Singapore’s DBS Group, have either injected or are planning to ...
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