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Opinion: Western financial firms should follow JPMorgan’s lead on exiting the investment banking business in China

4 months ago
Amedeo Tumolillo
A
s JPMorgan enters talks to sell its stake in an investment banking venture with a Chinese partner due to limited success, it is giving "other banks plenty to ponder," writes Nisha Gopalan. "Without the ability to take full control of a Sino-foreign venture, it may make more sense to exit."
By Amedeo Tumolillo
Amedeo Tumolillo is an editorial consultant with SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.
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