A few minutes after JP Morgan's board came to a close with a unanimous decision, the company made an official statement.
J.P. Morgan — Official Statement
J.P. Morgan confirms it is in active discussions regarding the wealth management partnership referenced in Nova Technologies' recent announcement.
J.P. Morgan does not comment on client relationships. We are committed to the highest standards of client confidentiality and will not disclose details beyond what has been publicly announced by Nova Technologies.
We are working through the appropriate regulatory and disclosure processes and will provide a full public statement when those processes are complete.
Questions from media and investors should be directed to J.P. Morgan Investor Relations.
— J.P. Morgan Communications
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The statement was first posted on the company's investor relations page. This was a legal requirement given the stock movement.
