News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

JP Morgan executive targets equities and prime broking expansion

JP Morgan is planning to continue growing its prime brokerage and global equities businesses, as well as to restructure its trading platforms, a US analyst has said following a meeting with the investment bank's executive chairman.

Glenn Schorr, a banking analyst at UBS, also said in a recent report that JP Morgan is planning to expand in key emerging markets, and is continuing to integrate and expand its commodities platform. He added that: "Interestingly, JP Morgan also said it would like to do a little more investing on the principal side".

WSJ Logo