US lawmakers subpoenaed banks over the IPO of Chinese EV maker Contemporary Amperex Technology Co. Ltd. amid national security concerns.
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Updated oct 22
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How it started
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
US lawmakers subpoenaed banks over the IPO of Chinese EV maker Contemporary Amperex Technology Co. Ltd. amid national security concerns.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Banks, including JPMorgan and Bank of America, joined the offering for Chinese EV maker CATL despite Pentagon judgment.Sub-event
Lawmakers subpoenaed banks regarding CATL's IPO amid national security concerns.1 source
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The entities involved
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JPMorgan Chase
American multinational banking and financial services holding company
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Bank of America
American multinational banking and financial services corporation
Coverage
Newest first; wire copies grouped- BloombergJPMorgan, BofA Leaders Subpoenaed by US Lawmakers Over CATL IPO (Bloomberg) -- JPMorgan Chase & Co. and Bank of America Corp. were subpoenaed by US lawmakers over their role in the initial public off