Wealth and Asset Management
J.P. Morgan Gets Stung by China Downturn
A luxury apartment building that is one of the most visible casualties of China's high-end property bust is up for auction in the northeast city of Dalian, after a bank foreclosed on the property. The 48-floor Park Central was owned by a fund run by J.P. Morgan Asset Management, which…
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Click here to read the full story: The Wall Street Journal