From Nasdaq:

JPMorgan selects HSBC and Standard Chartered to run its custody businesses in Hong Kong and Taiwan. The transition is expected to be completed by the end of 2024. JPM plans to exit local custodian services due to rising costs and falling assets. Shares of JPM have rallied 26.7% in the past six months.

Zacks experts highlight a little-known chemical company as their top pick to double in value. The company has seen a 65% increase in the past year and has strong earnings estimates for 2022. Retail investors could capitalize on this opportunity. Zacks offers insights on this stock and others with potential for growth.

For more information on the news about JPMorgan choosing firms for its custody business in Hong Kong and Taiwan, visit Zacks.com. JPMorgan Chase & Co. (JPM), Standard Chartered PLC (SCBFF), and HSBC Holdings plc (HSBC) offer free stock analysis reports. Get the latest recommendations from Zacks Investment Research.



Read more at Nasdaq: JPMorgan (JPM) Picks Firms for Hong Kong, Taiwan Custody Business