Comment on JPMorgan May Drop Plans to Buy Sempra U.S. Unit on Obama Plan

JPMorgan May Drop Plans to Buy Sempra U.S. Unit on Obama Plan

JPMorgan Chase & Co. may drop plans to acquire the North American operations of Sempra Commodities LLP after President Barack Obama said he would seek to curb banks’ proprietary trading activities, two people familiar with the matter said.

 

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