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.
BusinessWeek.com --, Business Week
Mon, 02/01/2010 - 10:03am
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.