JPMorgan Limits Exposure to Segantii Amid Insider-Trading Case

JPMorgan Chase & Co. has decided to limit its interactions with Segantii Capital Management, an Asian hedge fund implicated in insider trading charges in Hong Kong. The New York-based bank will no longer engage with Segantii on new block trades and initial public offerings worldwide. Additionally, JPMorgan will avoid increasing positions or providing additional financing to the hedge fund.