JPMorgan seeks regulator's approval for full ownership of Chinese JV

JPMorgan seeks regulator's approval for full ownership of Chinese JV

FILE PHOTO: A man walks into the JP Morgan headquarters at Canary Wharf in London May 11, 2012. REUTERS/Dylan Martinez/File Photo

JPMorgan has applied to regulators for approval to take full ownership of its mainland Chinese securities joint venture, according to a spokesman for the bank.