JP Morgan and Cazenove today celebrate the second anniversary of their investment banking joint venture, as the "golden handcuffs" preventing senior managers of the UK corporate broker from selling their shares are unlocked.

The two combined their UK investment banking businesses to launch the jointly-owned partnership JP Morgan Cazenove on February 28 2005.

Handcuffs come off as JP Morgan Cazenove turns two

Nick Clark

JP Morgan

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