Mark Leung, CEO of JPMorgan China, says acquiring full ownership of its operations in the mainland is important for the bank to deliver a seamless experience for its clients. Photo: Jonathan WongMark Leung, CEO of JPMorgan China, says acquiring full ownership of its operations in the mainland is important for the bank to deliver a seamless experience for its clients. Photo: Jonathan Wong
Mark Leung, CEO of JPMorgan China, says acquiring full ownership of its operations in the mainland is important for the bank to deliver a seamless experience for its clients. Photo: Jonathan Wong
Business /  Companies

JPMorgan targeting full ownership of mainland operations as it completes 100 years in China

  • US bank plans to take full ownership of its mainland operations from securities to asset management next year, says Mark Leung, JPMorgan’s China CEO
  • In December, JPMorgan received approval in China for a majority-owned securities licence, becoming only the third foreign bank after UBS and Nomura
Topic |   JPMorgan Chase
Peggy Sito
Peggy Sito

Updated: 10:39pm, 14 Feb, 2020

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Mark Leung, CEO of JPMorgan China, says acquiring full ownership of its operations in the mainland is important for the bank to deliver a seamless experience for its clients. Photo: Jonathan WongMark Leung, CEO of JPMorgan China, says acquiring full ownership of its operations in the mainland is important for the bank to deliver a seamless experience for its clients. Photo: Jonathan Wong
Mark Leung, CEO of JPMorgan China, says acquiring full ownership of its operations in the mainland is important for the bank to deliver a seamless experience for its clients. Photo: Jonathan Wong
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