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JPMorgan (JPM) Buys UK Pensions Platform WealthOS
Yahoo Finance· 2026-01-28 17:17
Core Insights - JPMorgan Chase & Co. has completed the acquisition of WealthOS, a UK-based pensions technology platform, enhancing its capabilities in the pensions industry [1][2][3] - The acquisition is expected to position JPMorgan to capitalize on the increasing demand for retirement planning products that provide stable income in later life [2] - BofA Securities has raised its price target for JPMorgan from $350 to $362, maintaining a Buy rating, citing the company's technological strengths as a driver for revenue growth [4] Company Overview - JPMorgan Chase & Co. is a leading American multinational financial services firm with significant roles in investment banking, consumer and small business financial services, commercial banking, financial transaction processing, and asset management [5]