JP Morgan helps ING on talks with Commerzbank

JP Morgan is advising ING Group, the Dutch financial services group on the sale of ING-BHF Bank, its stand-alone German corporate and investment banking subsidiary. Commerzbank is in early stage talks to buy the ailing unit.

A spokesman for Commerzbank said the German bank has not drafted in any external banking advice.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It