J.P. Morgan’s Treasury Services business, a full-service provider of cash management, trade finance and treasury solutions, today announced plans to continue the enhancement and expansion of its service capabilities in the Asia Pacific region. As part of its three-year $1 billion global investment plan announced last year, J.P. Morgan is enhancing its cash management and treasury liquidity capabilities, expanding its regional footprint and reinvesting in its technology solutions. This investment will further make it easier for J.P. Morgan clients to move, concentrate, invest and manage their cash around the world.
Expanding J.P. Morgan’s capabilities and services in the region enables clients to become more efficient across different currencies and across their own global footprint. These expansion plans reflect J.P. Morgan’s ongoing commitment to corporations and financial institutions operating in markets across the globe, as well as the bank’s mission to continue bringing global payment capabilities and expertise to clients locally
“As a global company with scale, financial backing, deep industry knowledge and international perspective, J.P. Morgan delivers benefits to clients wherever they are in the world with the same level of service and support,” says Simon Jones, regional Treasury Services executive – Asia Pacific at J.P. Morgan. “We are committed to growing our business in Asia Pacific and will continue to expand our footprint and enhance domestic capabilities to fortify our position as a leading treasury management solutions provider in Asia Pacific.”
“J.P. Morgan’s goal in the region is to take a complex multi-currency, multi-regulated environment and make it easier, cheaper and faster for our clients to conduct cash management activities,” says Melissa Moore, CEO of J.P. Morgan’s Treasury Services business. “Despite a continued difficult economic environment, J.P. Morgan will continue to invest in global and local capabilities that will enable clients to operate more efficiently worldwide.”
D.C.