GLOBAL banking group JPMorgan is likely to sell its 50 per cent shareholding in Paterson Ord Minnett unless the local broking firm agrees to merge with Sydney-based Ord Minnett this year.

GLOBAL banking group JPMorgan is likely to sell its 50 per cent shareholding in Paterson Ord Minnett unless the local broking firm agrees to merge with Sydney-based Ord Minnett this year.