Cork fintech firm Global Shares may be bought by investment bank JP Morgan

The company employs 550 people and has offices in 16 locations around the world

Tim Houstoun, CEO of Global Shares, which is likely to be sold to US investment bank JP Morgan Chase. 

Cork-based fintech company Global Shares is likely to be sold to US investment bank JP Morgan Chase. 

The main beneficiaries of the deal could be the company’s main stakeholder US private equity firm Motive Partners, which reportedly paid around $25m (€22.6m) for a 40% stake in 2018.