JPMorgan Chase Ups Stake in Intermediate Capital

Intermediate Capital (GB:ICG) has released an update.

Intermediate Capital Group plc has announced that JPMorgan Chase & Co. has crossed a notable threshold in their holdings, resulting in a combined voting rights and financial instruments interest of 5.055%. The change occurred on August 2, 2024, with Intermediate Capital being notified four days later. This substantial acquisition reflects JPMorgan Chase & Co.’s increased stake and influence in the UK-based financial services company.

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