JPMorgan Chase Ditches Stake in Medibank Private
JPMorgan Chase & Co., one of the largest financial institutions in the world, has ceased to be a substantial holder in Medibank Private.
This change was noted by Kalkine, an Australian financial services company that provides research and analysis on various stocks and companies.
The news comes as JPMorgan Chase & Co. continues to restructure its investments and divest from certain assets.