US/EUROPE/UK - Investment bank JP Morgan Chase Bank has bought US-based transaction cost analysis firm (TCA) Plexus Group and struck a deal with the UK's Inalytics in bid to expand its services into the European institutional market.
Based in Los Angeles, Pleus will operate as part of custody unit JPMorgan Investor Services which holds US$6.7trn in assets, including US$2trn in global custody assets. Inalytics - which offers TCA...
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