S&P raises rating on J.P. Morgan’s broker-dealer subsidiaryPosted by RJ and Makay on Aug 11, 2011 |
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The Associated Press reported that Standard & Poors Ratings Services has raised its credit rating on J.P, Morgan Clearing Corp., a broker-dealer subsidiary of J.P. Morgan Chase & Co. The ratings upgrade, to AA/A-1+, was secured by J.P. Morgan Securities LLC unconditional guarantee of the obligations of J.P. Morgan Clearing, S&P said.
J.P. Morgan Chase & Co.









