|
J.P. Morgan announces that it has restructured its existing EU credit institutions into one legal entity, known as J.P. Morgan SE (JPMSE). This marks the conclusion of a firmwide project to deliver a more scalable, well capitalized, and simplified structure for EU-based clients to interact with. JPMSE offers products and services across J.P. Morgan’s businesses, including its Corporate Investment Bank, Commercial Bank and Private Bank, and provides access to EU liquidity for clients operating globally.
The consolidation of the firm’s existing EU legal entity structure into JPMSE has been executed through a merger of J.P. Morgan Bank Luxembourg S.A. and J.P. Morgan Bank (Ireland) plc. into the German entity - J.P. Morgan AG. Following that process, J.P. Morgan AG...
|