(Bloomberg) -- E-commerce fulfillment service provider ShipBob Inc. has chosen JPMorgan Chase & Co. to lead its planned initial public offering, people familiar with the situation said. Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on Iran‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapChicago-based ShipBob
Two senior JPMorgan Chase dealmakers, Andy Lipsky and Haidee Lee, are leaving the bank, two sources familiar with the matter said on Thursday. Lipsky, JPMorgan's vice chair of investment banking, helped advise industrial companies including General Electric on big deals. Lipsky is headed to Morgan Stanley, two other sources said, declining to be identified discussing personnel matters.
JPMorgan Chase sued Russia's state-owned VTB Bank on Thursday to halt its efforts to recover $439.5 million from an account that was blocked after Russia invaded Ukraine and VTB was hit with sanctions. In a complaint filed in federal court in Manhattan, JPMorgan said VTB filed a lawsuit on Wednesday in Russia to recover the money in "blatant breach" of its agreement to have disputes addressed in New York.