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JPMorgan to Banking Clients: Joint Health-Care Venture Is No Threat

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Some health-care companies have complained to JPMorgan Chase Co. about the bank’s new health-care partnership with Amazon.com Inc. and Berkshire Hathaway Inc., worried that it could cut into their business.

JPMorgan Chief Executive James Dimon got involved personally, speaking with some health-care executives to allay fears that the bank would become their rival, people familiar with the matter said.

The…

Article source: https://www.wsj.com/articles/jpmorgan-to-banking-clients-joint-health-care-venture-is-no-threat-1517745601


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