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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. 

Company Quote

60.16
-0.18 -0.30%
28 Nov 2014