JPMorgan to raise deposit rates for some big clients in Jan: WSJ

December 28, 2015 8:16 PM

32 0

JPMorgan to raise deposit rates for some big clients in Jan: WSJ

JPMorgan Chase & Co (JPM.N) will begin raising deposit rates for some of its biggest clients in January, the Wall Street Journal reported, citing a person familiar with the matter.

The bank’s deposit-rate increase will affect most institutional clients and the size of the increases will vary, the Journal reported, citing the person.

Also read: ECB Extends but Scales Back Stimulus, Whipsawing Markets

Read more

To category page

Loading...