JPMorgan China Names New Heads for China Investment Banking Arm usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
JPMorgan Chase & Co appoints Lu Fang to chair the board of its China securities arm, replacing former chair Park Pu, according to a company memo reviewed by Reuters and confirmed by a company spokesperson. Greg Yu, recently deputy general manager of J.P. Morgan Securities China Company, has been promoted to general manager, according to the memo issued on Wednesday. The securities unit, which JPMorgan won the approval in 2021 to convert from a joint venture to a wholly owned subsidiary, employed 210 staff in China at the end of 2022, one of the largest among foreign securities firms.
Yangtze River Delta advances high-quality integrated development en.people.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.people.cn Daily Mail and Mail on Sunday newspapers.
By Xie Weiqun Shanghai has made new breakthroughs in building itself into a global financial center over the recent decade, with surging financial transaction volumes, an improved market structure and constantly strengthened core financial functions. The city is playing a more important role as a hub of the opening-up of…