JPMorgan Split From Private Equity Unit Not Due To Volcker Rule – ValueWalk Premium
JPMorgan

JPMorgan Split From Private Equity Unit Not Due To Volcker Rule

JPMorgan Chase & Co. (NYSE:JPM) said Friday it plans to break off its private equity unit as an independent firm.

JPMorgan Chase & Co. (NYSE:JPM)’s private equity unit, One Equity Partners, will continue to make direct investments on behalf of the New York-based bank for an interim period. One Equity Partners will still manage the bank’s existing group of portfolio companies, according to

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