(Source: JPMorgan Chase & Co) December 9, 2015 Beijing, December 9, 2015 - JPMorgan Chase & Co. (NYSE: JPM) announced today its Strategic Cooperation Agreement with Postal Savings Bank of China (PSBC), the largest unlisted bank and the sixth largest commercial bank in China in terms of assets. The two banks also signed a Securities Purchase Agreement and an Investors Rights Agreement. The agreement encompasses multiple levels of collaboration between the two banks, leveraging the leading retail, consumer and commercial banking franchises of JPMorgan Chase & Co., as well as its global corporate and investment bank and asset management businesses. As one of the...
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