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JPMorgan Chase & Co To Shut Malaysia Retail Banking Operations-DJ


Wednesday, 19 Dec 2012 03:51am EST 

Dow Jones reported that JPMorgan Chase & Co plans to shut its retail banking operations in Malaysia, the only country in Asia where it offers such a service. The move is in line with the bank's strategy to limit retail banking, such as individual loans and deposits, to the U.S. while it focuses on wholesale banking globally. 

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58.74
0.68 +1.17%
24 Oct 2014