JP Morgan takes 7.4% stake in SafeCharge

Advanced payment technologies provider SafeCharge International Group Ltd (LON:SCH) has seen global bank JPMorgan Chase & Co. (NYSE:JPM) up its stake in the company to 7.43%.

JPMorganThe SafeCharge shares are formally held by JPM subsidiary JPMorgan Asset Management Holdings (UK) Limited. It is unclear if the shares are being held by JP Morgan on behalf of investing clients (and/or client investment funds), or if it for JP Morgan’s own account.

JP Morgan has other investments in Forex-related public companies, most notably a stake it has varied over time in Retail Forex and CFD broker Plus500 Ltd (LON:PLUS), which now also sits at about 7%.

The official announcement from SafeCharge can be seen here.

Related News


JP Morgan takes 7.4% stake in SafeCharge


Send this to a friend

Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: