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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    01/14/2015 - 12:29 am | View Link
  • JPMorgan profit falls, hit by legal costs and lower trading
    That compares with a profit of $5.28 billion, or $1.30 a share, a year ago. JPMorgan's results were hit by a $990 million charge after taxes for legal expenses, more than analysts expected. The bank's results have been impacted by various legal costs over ...
    01/14/2015 - 12:23 am | View Link
  • JPMorgan injects $400 million into China unit, eyes expansion
    The local unit, which conducts commercial banking businesses in China, has also received regulatory approval to open its 7th branch in China in Suzhou, west of Shanghai, the statement said. JPMorgan has a separate investment banking joint venture in China.
    05/27/2012 - 7:53 pm | View Link
  • 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 ...
    05/27/2012 - 6:16 pm | View Link
  • 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. Foreign banks, including HSBC and Singapore's DBS Group , have either injected or are ...
    05/27/2012 - 5:20 pm | View Link
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