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JP Morgan Exclusive: Advisory on $1.03bn Great Eastern Stake Explained

JP Morgan has successfully advised OCBC on acquiring an additional 11.56% stake in Great Eastern for $1.03 billion.

JPMorgan Chase announces leadership changes, strengthening it's M&A team for private equity firms. PHOTO: Shutterstock/Ki
JP Morgan London Office. PHOTO: Shutterstock/Ki

This strategic move is set to deepen OCBC’s roots in banking, wealth management, and insurance, effectively boosting shareholder returns. OCBC’s CEO, Helen Wong, highlighted that this initiative is a crucial part of their strategy to expand their

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