Germany, Austria & Switzerland
J.P. Morgan's leadership in Germany, Austria and Switzerland extends across the Investment Bank, Treasury & Securities Services and Asset Management.
The firm's history in the region dates back to 1928, when Chase National Bank opened a representative office in Berlin. In 1947, Chase National Bank opened a branch in Frankfurt — the first foreign bank after World War II. In 1960, the firm obtained an unrestricted license to offer all the banking services of a universal bank throughout the Federal Republic of Germany.
In 1964 Chase Manhattan opened a representative office in Geneva, where The Chase Manhattan Bank (Switzerland) was formed, and an additional office was later opened in Zurich. In 1966, Chase Manhattan acquired a controlling interest in a Viennese bank and three years later purchased the remaining interest in it. Learn more about our history and social responsibility initiatives in the region.
The following lines of business reflect the total offerings that J.P. Morgan provides today to clients in the region:
Investment Bank
Across the area, J.P. Morgan's leading investment banking business has key relationships with financial and corporate institutions, and the public sector, as well as institutional investors. The firm offers clients the full spectrum of investment banking services, including M&A advisory, equity capital markets (IPOs, capital raising), debt capital markets, corporate banking, fixed income and equity markets, sales and restructuring and domestic trading.
Asset Management
Through J.P. Morgan Asset Management, the firm provides institutional clients, such as insurance companies, pension funds, large corporations and banks' treasuries, with investment management opportunities and tailored solutions. Furthermore, J.P. Morgan Asset Management is one of the largest foreign mutual fund providers. The investment solutions are distributed to retail clients globally through strong partnerships with established retail banks, savings banks and select independent advisors.
Private Banking
For over 160 years, J.P. Morgan has offered advice and customized solutions of the highest quality to solve the complex needs of wealthy individuals and their families around the world. With total client assets of $770 billion, J.P. Morgan's Private Bank is one of the largest asset and wealth managers in the world. Our comprehensive range of capabilities encompasses investment, tax and estate planning, family office management, philanthropy, credit and special advisory services for ultra-high-net-worth individuals.
Treasury & Securities Services
J.P. Morgan's Treasury & Securities Services business is one of the largest financial services providers in financial transaction processing. J.P. Morgan AG in Frankfurt is the firm's global operations hub for € Clearing and one of the largest TARGET2 and EBA participants. As fully fledged depository banks ("Depotbanken"), J.P. Morgan AG in Frankfurt and J.P. Morgan (Suisse) SA in Zurich together form one of the largest global custodians in the region. The global business operates through two divisions:
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Treasury Services is a full-service provider of innovative payment, collection, liquidity management, trade finance, commercial card, and information solutions to multinational corporations, financial institutions and government entities.
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Worldwide Securities Services provides innovative custody, fund accounting and administration and securities services to institutional investors, alternative asset managers and debt and equity issuers to help clients optimise efficiency, mitigate risk and enhance revenue through a broad range of investor services.
Global Corporate Bank
The firm provides corporate banking services to large corporations, financial institutions and public sector organizations through the Global Corporate Bank, which partners with businesses across J.P. Morgan to meet clients' needs in financing, risk management, working capital, cash management and investments.
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