JPMorgan Is Buying a Majority Stake in Volkswagen's Payments Unit - NewsBreak

JPMorgan plans to buy a majority stake of close to 75% in Volkswagen's payments business. Volkswagen's payment division will come under the control of JPMorgan's wholesale payments business. It's the latest in a string of acquisitions and investments by JPMorgan this year. JPMorgan said Wednesday it plans to buy a...