07:44 AM EDT, 10/15/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) has received a regional headquarters license in Saudi Arabia, Bloomberg reported Wednesday.

The bank's operations in the Kingdom and the UAE will continue to report to its hub for Europe, the Middle East and Africa in London, the report said, citing a person familiar with the matter.

JPMorgan ( JPM ) did not immediately respond to MT Newswires' request for comment.

Shares of JPMorgan ( JPM ) were up 1.2% in recent Wednesday premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)