JP Morgan attempts full control of China Futures JV: Bloomberg

(Reuters) – JP Morgan Chase & Co (N:) is seeking 100% ownership of its futures joint venture in China, Bloomberg reported on Monday, citing a person familiar with the matter.

The bank is planning to increase its current 49% stake in J.P.Morgan Futures Co, the report added, citing the person.

JP Morgan was not immediately available for a request seeking comment.

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