Bank of New York may sell 300 Branches to JP Morgan

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00003074-bank-of-new-york-may-sell-300-branches-to/

Cable television network CNBC reported today that Bank of New York is in talks to sell 300 branches to JP Morgan Chase in a deal that may approach $4 billion in value.

According to Reuters, spokesmen for both companies declined to comment on the story.

For this complete story, please visit Bank of NY close to selling 300 branches-report.

Bank of New York may sell 300 Branches to JP Morgan

Unknown Author

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