JP Morgan To Spin Off Risk Services Division


NEW YORK--JP Morgan is to spin off its risk management services division as a separate company, according to industry sources. The move is designed to give the division a more entrepreneurial culture, these sources add, by incentivizing employees with share options. Details of the spin-off will be announced later this year, say sources, but the new vehicle is expected to include responsibility for RiskMetrics, JP Morgan's risk management data service.

The risk spin-off plans follow JP Morgan's

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