JPMorgan in talks to sell out of Chinese securities JV

JPMorgan in talks to sell out of Chinese securities JV

A view of the exterior of the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar

JPMorgan Chase & Co is in talks to sell out of a Chinese securities joint venture with First Capital Securities Co Ltd in what would a high-profile departure by a Western bank from China’s securities segment.

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