J.P. Morgan Treasury Services announced the appointment of Mark Wuscher as Asia Pacific segment head for Corporates. Based in Hong Kong, Mr. Wuscher will have oversight of the sales, product management and client service organisations, covering J.P. Morgan’s multinational and local corporate clients.
Wuscher has previously held senior positions in transaction banking, including corporate sales and trade product management roles in Seoul, Taipei and New York.
“As we grow our business in the region, our Treasury Services segment organisation will play a vital role in achieving our strategic goals,” says Simon Jones, regional Treasury Services executive – Asia Pacific at J.P. Morgan.
“Our Corporates segment is of critical importance to us as our client base has been rapidly increasing, and it will also be instrumental in the ongoing build-out of J.P. Morgan’s Global Corporate Bank as the firm is looking to strategically expand its corporate client franchise outside the U.S. I believe that Mark will be a great asset to our team,” he added.
J.P. Morgan helps its corporate clients approach treasury management holistically. The bank’s solutions bridge clients’ local market requirements with the ability to view and manage cash regionally and globally. By offering innovative solutions across cash management, trade finance, liquidity management and foreign exchange, J.P. Morgan enables its corporate clients to transform their account receivables, payables and information into a strategy for working capital optimisation.
J.P. Morgan Treasury Services also leverages the services and products of the bank’s Worldwide Securities Services division, as well as its Investment Bank, Asset Management and Private Bank lines of business to provide its clients with integrated banking solutions.
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