Financial Times FT.com

Cazenove sells Asia arm to StanChart

By Chris Hughes in London and Sundeep Tucker in Hong Kong

Published: November 13 2008 11:13 | Last updated: November 13 2008 11:13

JPMorgan Cazenove, the UK-focused stockbroker and investment bank, has sold its Asian business to Standard Chartered, the emerging markets lender that is also one of its corporate clients.

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