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Data robbery hits JPMorgan?

7 December 2007

A daring heist has taken place at a data centre in the Kings Cross area of London and some of the equipment stolen by thieves could affect JPMorgan, Here Is The City exclusively reports.

Late on Thursday night, robbers dressed as police officers handcuffed security guards and stole around $4 million of computer hardware, including motherboards and processors, the website says.

JPMorgan is just one of the companies that uses the centre and some of its systems could be affected by the theft, although thieves are not thought to have made off with any precious data.

Here Is The City states that the heist is believed to have been staged between 9pm and 1am.

Police are conducting forensic investigations and suggest that the thieves are most likely to use a third-party to shift the gear.

While JPMorgan would not comment on the matter, the investment bank has had a lot to say about the state of the world markets.

JPMorgan chairman and chief Executive Jamie Dimon told German newspaper Boersen-Zeitung that a surge of big mergers in the US and Germany are on the cards.

"Companies recognize after such a collapse that they need more weight, more capital and access to good, long-term financing and the people there say to themselves: 'Now it is time to do something'," Mr Dimon said.

"That normally comes after the crisis," he added. "During the crisis, they are very busy."

 
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