JPMorgan Allows Clients to Cancel Depositary Receipts in Russian Companies- Sources

176
11
Favorite

JPMorgan Allows Clients to Cancel Depositary Receipts in Russian Companies- Sources

StreetInsider2022-04-06

JPMorgan & Chase on Tuesday started to allow holders of depositary receipts in Russian companies to cancel them, two sources familiar with the matter said, giving some investors a way to liquidate ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

176

Report

Comment（11）

MadHydra
·2022-04-06
Ok
Reply
3
Report
CWen
·2022-04-06
good
Reply
5
Report
puaychoo
·2022-04-06
Ok
Reply
5
Report
TSY123
·2022-04-06
Ok
Reply
5
Report
Bash
·2022-04-06
Ok
Reply
5
Report
Mindthink
·2022-04-06
Ok
Reply
3
Report
PengsieX
·2022-04-06
Could mean that the bank knows something we don't
Reply
2
Report
TaiWoeiHaur
·2022-04-06
Good morning
Reply
5
Report
schipperde
·2022-04-06
Ok
Reply
3
Report
FatKid
·2022-04-06
K
Reply
1
Report
GuangLie
·2022-04-06
Good
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2225331475?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-04-06 07:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2225331475","market":"us","top_or_hot":-1,"title":"JPMorgan Allows Clients to Cancel Depositary Receipts in Russian Companies- Sources","media":"StreetInsider","content":"<div>\n<p>JPMorgan & Chase on Tuesday started to allow holders of depositary receipts in Russian companies to cancel them, two sources familiar with the matter said, giving some investors a way to liquidate ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19878406\">Source Link</a>\n\n</div>\n","source":"highlight_streetinsider","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan Allows Clients to Cancel Depositary Receipts in Russian Companies- Sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan Allows Clients to Cancel Depositary Receipts in Russian Companies- Sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-06 07:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19878406><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JPMorgan & Chase on Tuesday started to allow holders of depositary receipts in Russian companies to cancel them, two sources familiar with the matter said, giving some investors a way to liquidate ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19878406\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"https://www.streetinsider.com/dr/news.php?id=19878406","article_id":"2225331475","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2225331475","pubTimestamp":1649202869,"columns":[],"sourceInfo":{"source_id":"highlight_streetinsider","name":"StreetInsider"},"weMediaInfo":null,"summary":"JPMorgan & Chase on Tuesday started to allow holders of depositary receipts in Russian companies to ","collect":0,"end_time":0,"defaultTopTitle":"streetinsider.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","JPM":"摩根大通","BK4534":"瑞士信贷持仓","BK4581":"高盛持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4504":"桥水持仓","BK4550":"红杉资本持仓","BK4566":"资本集团"},"translate_title":"摩根大通允许客户取消在俄罗斯公司的存托凭证-来源","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JPM":1},"content_text":"JPMorgan & Chase on Tuesday started to allow holders of depositary receipts in Russian companies to cancel them, two sources familiar with the matter said, giving some investors a way to liquidate what have largely been frozen holdings.The move comes after the London Stock Exchange (LSE) halted trading in the depositary receipts of Russian companies roughly a month ago after prices plunged due to a slew of Western sanctions slapped on Russia for its invasion of the Ukraine.Depositary receipts are certificates issued by a bank representing shares in a foreign company traded on a local stock exchange.The sources did not want to be identified because the information was private.JPMorgan, the country's largest lender, is the issuer of a handful of depositary receipts in Russian companies listed on the LSE, such as oil major Rosneft, according to Refinitiv.Investors in depositary receipts have the right to cancel them, but issuers suspended cancellations after the Russian central bank banned foreigners from transferring local Russian shares. With those restrictions recently lifted, issuers are able to reopen cancellations.JPMorgan is the second depositary receipt issuer to reopen cancellations after BNY Mellon started offering clients an option to withdraw from the receipts and receive in turn the underlying shares in Moscow for a fee last week.Last week, Economy Minister Maxim Reshetnikov said the country was mulling forcing Russian companies whose depositary receipts are traded abroad to return to the domestic market.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9016596489,"gmtCreate":1649205181982,"gmtModify":1676534469618,"author":{"id":"3585109081242890","authorId":"3585109081242890","name":"MadHydra","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":9,"crmLevelSwitch":1,"authorIdStr":"3585109081242890","idStr":"3585109081242890"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016596489","repostId":2225331475,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016593154,"gmtCreate":1649204950804,"gmtModify":1676534469447,"author":{"id":"3581818742728168","authorId":"3581818742728168","name":"CWen","avatar":"https://static.tigerbbs.com/31b0269cbebdce24b628856129a8ab15","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581818742728168","idStr":"3581818742728168"},"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016593154","repostId":2225331475,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016506586,"gmtCreate":1649204594594,"gmtModify":1676534469304,"author":{"id":"3585438119648715","authorId":"3585438119648715","name":"puaychoo","avatar":"https://static.tigerbbs.com/c476c187bdabe1537fff270c0fabc540","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3585438119648715","idStr":"3585438119648715"},"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016506586","repostId":2225331475,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016503744,"gmtCreate":1649204372168,"gmtModify":1676534469223,"author":{"id":"3583665662213187","authorId":"3583665662213187","name":"TSY123","avatar":"https://static.tigerbbs.com/af38fbc4f07efb7ae9b5ebd03aa4b79b","vip":1,"crmLevel":8,"crmLevelSwitch":0,"authorIdStr":"3583665662213187","idStr":"3583665662213187"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016503744","repostId":2225331475,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016270848,"gmtCreate":1649203648706,"gmtModify":1676534468954,"author":{"id":"4103190116775930","authorId":"4103190116775930","name":"Bash","avatar":"https://community-static.tradeup.com/news/f5507f4188c13ea01d54f079985a28eb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4103190116775930","idStr":"4103190116775930"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016270848","repostId":2225331475,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016242124,"gmtCreate":1649203505927,"gmtModify":1676534468737,"author":{"id":"4102837759709900","authorId":"4102837759709900","name":"Mindthink","avatar":"https://community-static.tradeup.com/news/89b965229f7209196369426d161728ee","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"4102837759709900","idStr":"4102837759709900"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016242124","repostId":2225331475,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016243983,"gmtCreate":1649203337049,"gmtModify":1676534468630,"author":{"id":"3578047933589423","authorId":"3578047933589423","name":"PengsieX","avatar":"https://static.tigerbbs.com/ebe92821eba3b91a6431d698b66bbed5","vip":2,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3578047933589423","idStr":"3578047933589423"},"htmlText":"Could mean that the bank knows something we don't","listText":"Could mean that the bank knows something we don't","text":"Could mean that the bank knows something we don't","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016243983","repostId":2225331475,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016255677,"gmtCreate":1649203178724,"gmtModify":1676534468516,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3563667765668803","idStr":"3563667765668803"},"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016255677","repostId":2225331475,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016252194,"gmtCreate":1649203056233,"gmtModify":1676534468507,"author":{"id":"3575256482663287","authorId":"3575256482663287","name":"schipperde","avatar":"https://community-static.tradeup.com/news/0b7cf989e27b604b5a89d0ffc9453710","vip":1,"crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3575256482663287","idStr":"3575256482663287"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016252194","repostId":2225331475,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016258776,"gmtCreate":1649202999538,"gmtModify":1676534468459,"author":{"id":"4090418903913760","authorId":"4090418903913760","name":"FatKid","avatar":"https://community-static.tradeup.com/news/f6692ab34697d0d2f7947fa3f34c6421","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4090418903913760","idStr":"4090418903913760"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016258776","repostId":2225331475,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016258673,"gmtCreate":1649202982369,"gmtModify":1676534468459,"author":{"id":"3582098535588483","authorId":"3582098535588483","name":"GuangLie","avatar":"https://static.tigerbbs.com/18cf8f526c9fa48e66d561a9c5c81781","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3582098535588483","idStr":"3582098535588483"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016258673","repostId":2225331475,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":176,"commentSize":11,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}