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JP Morgan Wholly-Owned Subsidiary in China Opened
Filippo Gori, CEO for J.P. Morgan, Asia Pacific, said: “China represents one of the largest opportunities for many of our clients and is a critical component of J.P. Morgan’s growth plans in Asia Pacific, and globally. J.P. Morgan has a long history in China – fast approaching 100 years – and we are very focused on making sure we are well positioned for many more successful decades to come. We continue to invest across the full spectrum of our business areas to ensure that we consistently deliver for our clients in China and across the region, leveraging our global network to connect more global investors to the country.”
Mark Leung, CEO of J.P. Morgan China said: “This is a major milestone and we are looking forward to entering our next exciting phase of growth with greater capabilities. J.P. Morgan is deeply encouraged by the tremendous progress made by the Chinese government. We are fully committed to investing our global resources and expertise to serve our clients and support the financial market development in China; as well as to advance China’s national priorities for poverty alleviation, risk mitigation, and the environment.”
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