JP Morgan inks strategic partnership with China Merchants Bank

Pedro Gonçalves
clock • 2 min read

JP Morgan Asset Management and China Merchants Bank have signed a strategic partnership focused on the Shenzhen-based bank's recently launched asset management unit, CMB Wealth Management. Under the partnership, JPMAM will be a preferred product provider to CMBWM, offering access to its offshore and onshore solutions that are complementary to CMB's investment capability. The two firms will collaborate closely on product development, investor education and addressing emerging opportunities in the industry. Additionally, CMB and JPMAM will explore a fintech partnership. China's banks ar...

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