JP Morgan Australia chairman resigns from bourse directorship over cartel case [Reuters]
JP Morgan Chase & Co. (JPM)
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Source: Reuters
JP Morgan Australia chairman resigns from bourse directorship over cartel case | Reuters Reuters Staff 2 Min Read * Though not charged, Priestley says cartel case is a distraction By Paulina Duran SYDNEY, June 19 (Reuters) - JP Morgan’s chairman of Australian operations has resigned from his directorships at the country’s bourse and sovereign wealth fund citing complications arising from a criminal prosecution over a stock issue the investment bank was joint-lead on. In an unprecedented move, Australian authorities earlier this month charged Citigroup Inc, Deutsche Bank AG , Australia and New Zealand Banking Group Ltd (ANZ) and several executives with criminal cartel offences over the $2.3 billion capital raising in 2015. JP Morgan Australia Chairman Robert Priestley said he had stepped aside as the issue could become a distraction, even though JP Morgan had not been named in the criminal cartel lawsuit. “It is likely that this matter will take some time to resolve, and as there are l
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JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/25/24 - Form 424B2
- 4/25/24 - Form 424B2
- 4/24/24 - Form FWP
- JPM's page on the SEC website