November 19, 2009
J.P. Morgan Adds 40th Derivatives Collateral Management Client
J.P. Morgan today announced it has successfully on-boarded its 40th Derivatives Collateral Management (DCM) client.
November 16, 2009
J.P. Morgan Appointed Sole Provider of Clearance, Settlement and Custody Services by Gretai Securities Market in Taiwan
J.P. Morgan Worldwide Securities Services announced today that it has been appointed sole provider of U.S. Treasuries clearance, settlement and custody services by GreTai Securities Market (‘GTSM’), Taiwan's over-the-counter (‘OTC’) Exchange.
November 12, 2009
Sony Corporation Re-appoints J.P. Morgan as Depositary Bank
J.P. Morgan announced today that it has been re-appointed depositary bank for Sony Corporation’s American Depositary Receipt (“ADR”) program.
November 12, 2009
Aksia To Offer Measurisk Transparency To Clients
Leading risk analytics provider Measurisk, LLC, today announced that it has entered into an agreement to make its risk transparency information available to clients of Aksia, an independent hedge fund research and advisory firm headquartered in New York.
November 11, 2009
J.P. Morgan Appointed Depositary Bank for Tsingtao Brewery
J.P. Morgan announced today that it has been appointed depositary bank by Tsingtao Co. Ltd (‘Tsingtao Brewery’), one of the largest beer brewers in China.
November 9, 2009
Greylock Capital Management Selects J.P. Morgan for Private Equity Fund Administration
J.P. Morgan announced today that it has been appointed by New York-based Greylock Capital Management LLC to provide private equity fund administration. Greylock Capital is a leading alternative asset manager focused on emerging markets in Africa, Asia, Eastern Europe and Latin America.
November 2, 2009
J.P. Morgan to Provide Global Custody and Securities lending Capabilities to Jackson National's Variable Insurance Funds
J.P. Morgan today announced that it has been
selected to provide global custody and securities lending services for the investment
options that are available within the variable annuity and variable life insurance
contracts offered by Jackson National Life Insurance Company®(“Jackson®”) and/or Jackson National Life Insurance Company of New York®.
October 29, 2009
J.P. Morgan to Provide Global Clearance Services to Regional Broker Hilliard Lyons
J.P. Morgan Worldwide Securities Services today announced that its GlobeClear business has been selected to provide securities clearing and settlement services for foreign trades to J.J.B. Hilliard, W.L. Lyons, LLC (Hilliard Lyons).
October 28, 2009
J.P. Morgan Launches Third-Generation Securities Lending Dashboard
J.P. Morgan Worldwide Securities Services today announced that it has launched an upgraded securities lending dashboard that allows clients to view and monitor key aspects of their securities lending activities in a customized view. The platform provides clients transparency across their program, including real-time information.
October 23, 2009
J.P. Morgan Appointed Successor Depositary Bank for UMC’s ADR Program
J.P. Morgan announced today that it has been appointed successor depositary bank for United Microelectronics Corporation’s (‘UMC’) American Depositary Receipt (‘ADR’) program.
October 22, 2009
China Real Estate Information Corporation Selects J.P. Morgan as Depositary Bank
Hong Kong, October 22, 2009 – J.P. Morgan announced today that it has been selected by China Real Estate Information Corporation as depositary bank for its NASDAQ listing.
October 19, 2009
J.P. Morgan Appointed Depositary Bank for Banco Santander (Brasil) S.A.
J.P. Morgan today announced that it has been appointed depositary bank by Banco Santander (Brasil) S.A. (“Santander Brasil”), the fourth largest bank in Brazil, for its American Depositary Receipt (ADR) program.
October 14, 2009
J.P. Morgan Selected as Depositary Bank for Shanda Games’ ADR Program
J.P. Morgan announced today that it has been appointed as depositary bank for the American Depositary Receipt (‘ADR’) program of Shanda Games Limited (‘Shanda Games’), one of China’s largest online game providers.
October 14, 2009
J.P. Morgan Grows UK Pension Custody Business
J.P. Morgan’s Worldwide Securities Services business today announced it has been appointed to provide custody and related services to three UK pension funds, as it continues to expand its business in this important market.
October 13, 2009
J.P. Morgan Provides Securities Settlement Services to Support Knight's Institutional Fixed Income Expansion in Europe
J.P. Morgan Worldwide Securities Services today announced that its
GlobeClear business has been appointed to provide European fixed income clearing and settlement
for Knight Libertas UK, an institutional fixed income broker-dealer operated by Knight Capital
Europe Limited.
October 9, 2009
J.P. Morgan Expands Projections & Simulations Service for Securities Collateral Management
J.P. Morgan today announced that its Projections & Simulations service is now available globally. Part of the Securities Collateral Management product, Projections & Simulations provides securities borrowers with a new and innovative set of tools to assess the impact of potential changes to their portfolios, helping them minimize risk and expense while maximizing returns.
October 8, 2009
J.P. Morgan Launches Broker Dealer Fee Lock Solution for Depositary Receipt Issuance & Cancellation
J.P. Morgan’s Depositary Receipts (DR) Group today announced that it is launching Issuance & Cancellation (I&C) Lock, a new solution that allows broker dealer clients to purchase a contract that establishes a future rate for DR issuance or cancellation.
October 6, 2009
J.P. Morgan is Top-Rated in Private Equity Fund Administration Survey for Third Consecutive Year
Firm Earns More Overall “Best in Class” Ratings Than Any Other Administrator and “Best in Class” Ratings in Every Category in Europe
September 30, 2009
J.P. Morgan Re-Appointed Depositary Bank for KEPCO’s ADR Program
J.P. Morgan announced today that it has been re-appointed as depositary bank for Korea Electric Power Corporation (KEPCO)’s American Depositary Receipt (‘ADR’) program, which is one of the largest programs in the Asia Pacific region to date.
September 29, 2009
J.P. Morgan Worldwide Securities Services Launches Portfolio Construction Tool
J.P. Morgan Worldwide Securities Services (WSS) announced today that it has developed an asset allocation and manager selection analysis tool that enables clients to plan and map the risk-return implications of their current and new portfolios.
September 9, 2009
J.P. Morgan Creates Integrated Prime Brokerage and Custody Group
J.P. Morgan announced today the formation of the Prime-Custody Solutions Group, a team responsible for delivering the firm's integrated prime brokerage and custody platform to clients.
September 1, 2009
J.P. Morgan Launches Third-Party Clearing for Smartpool and Arca Europe Trading Platforms
J.P. Morgan announced today that its GlobeClearSM business has been offering third party clearing and settlement services for trades executed on the SmartPool and NYSE Arca Europe trading platforms.
July 1, 2009
J.P. Morgan Selected by ProShares to Service Eight Newly Launched International ETFs
J.P. Morgan Worldwide Securities Services (WSS) today announced that it has been appointed by ProShares, part of ProFunds Group, to service its eight newly launched international exchange traded funds (ETFs).
June 29, 2009
Risk Analytics Provider Measurisk Crosses 1,000 Hedge Fund Milestone
Leading risk analytics provider Measurisk, LLC,
an affiliate of J.P. Morgan Worldwide Securities Services (WSS), today announced
that it has crossed an important industry milestone in modeling the full positions
of over 1,000 hedge funds – making it the largest position-based hedge fund
analytical platform in the industry.
June 23, 2009
J.P. Morgan to Extend Securities Services Relationship with Schroder Investment Management
J.P. Morgan Worldwide Securities Services will provide fund accounting, OTC derivatives services and compliance reporting to Schroder Investment Management's UK range of retail funds.
June 23, 2009
J.P. Morgan Asset Management to Transition its Transfer Agency to J.P. Morgan Worldwide Securities Services
J.P. Morgan Asset Management has agreed in principle to transition its existing Transfer Agency operations in the UK and Luxembourg to J.P. Morgan Worldwide Securities Services (WSS).
June 2, 2009
J.P. Morgan Named Best Overall Hedge Fund Administrator
J.P. Morgan was recently named “Best Overall
Hedge Fund Administrator” by HFMWeek magazine in its 2009 Service Provider
Awards.
May 26, 2009
J.P. Morgan Worldwide Securities Services Extends Relationship with New Zealand’s Largest Institutional Investor
J.P. Morgan announced today that it has been selected
by the Accident Compensation Corporation of New Zealand (ACC) to provide an
extensive range of custodial, accounting and administration services to support
ACC’s New Zealand portfolio.
May 5, 2009
J.P. Morgan to Provide Custody and Cash Management Services to Flagstone Re
J.P. Morgan today announced that it has been appointed by Flagstone Re to provide global custody, portfolio accounting and short-term cash management services for their insurance investment assets.
April 27, 2009
J.P. Morgan Becomes Depositary Bank for TNT ADR Program
J.P. Morgan today announced it has been appointed the successor depositary bank for the American Depositary Receipt (ADR) program of TNT, the Netherlands-based international Express and Mail company.
April 8, 2009
J.P. Morgan is Top Custodian and Fund Administrator in Luxembourg for 9th Year Running
J.P. Morgan Bank Luxembourg S.A. today announced that it is the top custodian and fund administrator in Luxembourg, according to the latest figures from Lipper, the independent data firm.
April 6, 2009
J.P. Morgan to Provide Third Party Clearing for Equiduct Exchange Members
J.P. Morgan today announced its GlobeClear business is providing clearing and settlement services for members of the Equiduct Trading System.
April 2, 2009
Shaun Parkes Appointed J.P. Morgan's Head of Worldwide Securities Services Asia Excluding Japan
Shaun Parkes joins J.P. Morgan in Asia in the newly created position of head of Worldwide Securities
Services, Asia excl. Japan. Parkes relocates from J.P. Morgan London where he
was global head of depositary receipt sales and client management.
April 1, 2009
J.P. Morgan Wins Record Nine Triple A Transaction Banking Awards from The Asset
J.P. Morgan was recently recognized by The Asset with nine Triple A Transaction Banking Awards.
March 26, 2009
J.P. Morgan Worldwide Securities Services Appointed by Russian Private Equity Firm
J.P. Morgan Worldwide Securities Services today announced that its Private Equity Fund Services business has been appointed by Marshall Capital Partners, a Russian private equity firm, to provide private equity fund administration.
March 18, 2009
GSIS Appoints J.P. Morgan as Custodian for its US$1 billion Overseas Investment Programme
J.P. Morgan announced that it has been selected by Government Services Insurance System (GSIS) of the Philippines to serve as custodian for its US$1 billion overseas investment programme.
March 17, 2009
Water Street Healthcare Partners Selects J.P. Morgan for Private Equity Fund Administration
J.P. Morgan announced that it has been mandated to provide private equity fund administration services to Water Street Healthcare Partners, one of the most active investors in health care.
March 11, 2009
J.P. Morgan Worldwide Securities Services Builds on Pension Custody Franchise
J.P. Morgan Worldwide Securities Services was
appointed by the Royal Borough of Kingston-upon-Thames Pension Fund to provide
global custody, fund accounting and performance measurement services for its
£338 million pension scheme.
February 3, 2009
J.P. Morgan selected by the Federal Reserve as custodian for its Mortgaged-Backed Securities purchase program
J.P. Morgan announced
that it has been selected by the Federal Reserve to serve as custodian for its
program to purchase mortgage-backed securities (MBS). The program, which began
on January 5, 2009, will purchase up to $500 billion in MBS.
January 21, 2009
J.P. Morgan to Provide UK Fund Accounting and Derivatives Services for UBS Global Asset Management
J.P. Morgan announced it has been appointed to provide fund accounting and global derivatives services for UBS Global Asset Management’s UK funds, which have $20 billion under management.
January 21, 2009
J.P. Morgan Appointed Successor Depositary Bank for Roche ADR Program
J.P. Morgan announced that it has been appointed as the successor depositary bank for the American Depositary Receipt (ADR) program of Roche Holding Ltd (Roche), one of the world's leading research-focused healthcare groups in the fields of pharmaceuticals and diagnostics.
January 12, 2009
J.P. Morgan to Offer 32 Vanguard ETFs on the Mexican Stock Exchange
J.P. Morgan announced that its Depositary Receipts (DR) Group has been appointed by Vanguard to offer its U.S.-registered Exchange Traded Funds (ETFs) on the international segment of the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV).
January 8, 2009
J.P. Morgan Re-appointed Custodian for Plumbing and Mechanical Services Pension Scheme
The Trustee of the £1 billion scheme has also appointed J.P. Morgan to provide fund accounting and performance measurement services. The scheme is already part of J.P. Morgan’s securities lending program, and has been a client of J.P. Morgan since 1996.
December 10, 2008
Unprecedented Depositary Receipt Liquidity in 2008 According to J.P. Morgan Report
Depositary receipts (DR) reached unprecedented levels of liquidity in 2008 and are expected to be strong globally in 2009, according to a J.P. Morgan year-end report.
December 9, 2008
J.P. Morgan Launches Sponsor Billing Reconciliation Solution for Separately Managed Accounts
New technology helps asset managers reconcile billing and collect owed fees
December 8, 2008
J.P. Morgan Investor Services' International Capabilities Recognised by ICFA Awards
J.P. Morgan Investor Services was crowned "European Pension Fund Custodian of the Year" and "European Cash Management Provider of the Year" at the 2008 International Custody and Fund Administration European Awards. It was the third year running in which J.P. Morgan received ICFA’s cash management provider award.
December 2, 2008
J.P. Morgan is Top-Rated in Private Equity Fund Administration Survey
J.P. Morgan Private Equity Fund Services called “excellent” and “top notch” by Global Custodian magazine.
November 24, 2008
J.P. Morgan's Transition Management Business Announces Expansion, Record Flows
J.P. Morgan’s
transition management business announced it had expanded the global team, added
additional fixed income capabilities and conducted one of the largest ever transitions
while experiencing record flows.
November 18, 2008
J.P. Morgan Announces Establishment of Nordic Branches and Inception of Client Migration Program
J.P. Morgan’s Investor Services business announced that two leading Norwegian institutional investors have transitioned
their global custody business to J.P. Morgan, representing an important milestone
in the ongoing process of client transfers following J.P. Morgan’s acquisition
of Nordea’s institutional global custody business earlier this year.
November 12, 2008
J.P. Morgan to Offer U.S. Registered ETFs on Mexican Stock Exchange
New York, November 12, 2008 – J.P. Morgan announced that its Depositary Receipts (DR) Group will offer selected U.S.-registered Exchange Traded Funds (ETFs) on the international segment of the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV). Through this latest edition to its DR product suite, J.P. Morgan will enable all eligible Mexican stock exchange market participants to achieve the U.S. and global exposure that ETFs can provide, as well as benefit from the convenience of a peso-denominated security.
October 31, 2008
Eletrobras Retains J.P. Morgan as Depositary Bank for NYSE Listing
J.P. Morgan announced it has been retained by Centrais Elétricas Brasileiras S.A. (Eletrobrás), the largest electric utilities company in Latin America, to be the depositary bank for the company’s American Depositary Receipt (ADR) program listing on the New York Stock Exchange (NYSE).
October 9, 2008
J.P. Morgan Appointed Depositary Bank for Ecopetrol ADR Program Launch
J.P. Morgan announced it has been appointed depositary bank for the American Depositary Receipt (ADR) program for Ecopetrol S.A. J.P. Morgan will manage all aspects of the ADR program in the U.S. for Ecopetrol, the largest company in Colombia. Ecopetrol’s ADR is the first NYSE-listed program by a Colombian company in more than a decade.
September 2, 2008
Leading Risk Analytics Provider, Measurisk, Joins J.P. Morgan’s Alternative Investment Services
J.P. Morgan's Investor Services announced that leading risk analytics provider, Measurisk, LLC, has become an integral part of its alternative investment services.
August 20, 2008
J.P. Morgan Launches Third Party Clearing for Warsaw Stock Exchange Members
J.P. Morgan announced that its GlobeClearsm business will now offer third party clearing for Warsaw Stock Exchange (WSE) members who wish to trade Polish securities. J.P. Morgan will be providing clearing and settlement capabilities to clients who want to transact in equities and fixed income products on the WSE. This latest offering marks the 23rd exchange supported directly by J.P. Morgan GlobeClearsm.
August 11, 2008
J.P. Morgan Appointed Successor Depositary Bank for Barclays PLC ADR Program
J.P. Morgan announced today that it has been appointed as the successor depositary bank for the American Depositary Receipt programme of Barclays PLC, a major global financial services provider.
August 6, 2008
J.P. Morgan Selected for Banco Santander Chile ADR Program
J.P. Morgan announced today that it has been selected as successor depositary bank for the American Depositary Receipt program for Banco Santander Chile (NYSE: SAN).
August 6, 2008
J.P. Morgan Private Equity Fund Services Expands in Europe
With the launch of this new European hub, J.P. Morgan is well positioned as a full service administrator for private equity firms and institutional limited partners in Europe. It is one of the only private equity administrators in the U.K. and the Channel Islands that can offer a range of banking services, including cash management and foreign exchange, as well as tax support services to its administration clients.
July 2, 2008
JPMorgan Wins Landmark Multinational Asset Pooling Mandate
JPMorgan today announced an agreement with Shell Asset Management Company (SAMCo), the asset management arm of Royal Dutch Shell, enabling a global provision to service Shell corporate pension and insurance plans with total assets in excess of $70 billion. With this relationship, JPMorgan launches a range of sophisticated services for SAMCo and participating Shell pension funds, including fund accounting, fund administration and certain securities lending services all from segregated and/or pooled accounts that will prove to be a new market milestone.
June 30, 2008
J.P. Morgan Selected by Telmex Internacional, S.A.B. de C.V. for ADR Program
William Kirst, head of J.P. Morgan’s Latin America Depositary Receipts (DR) business, said:
“J.P. Morgan is proud to serve as the depositary bank for the Telmex Internacional ADR programs, as well as for the Telmex ADR programs. Thanks to clients like Telmex and Telmex Internacional, J.P. Morgan is the leading provider of DR services in Latin America with 49% of the marketplace and administers more Latin American DRs than any other bank.”
June 18, 2008
J.P. Morgan Wins Comprehensive Custodial Mandate with One of New Zealand's Largest Organizations
Accident Compensation Corporation of New Zealand confirmed that J.P. Morgan Investor Services was appointed as it offered the most comprehensive solution set available for ACC’s Australian Custody requirements. J.P. Morgan will provide a number of efficiencies to ACC operations, including real time reporting services via JPMorgan Access, a proprietary online custody and investment administration reporting tool.
June 13, 2008
J.P. Morgan Selected by the Petroleum Fund of East Timor to Provide Custodial Services and Training Opportunities
In the first agreement of its type in East Timor, as well as providing traditional custodial services, J.P. Morgan will enable BPA officials to undertake capacity building in financial markets. J.P. Morgan will also provide mandate compliance monitoring and fund performance services to enable BPA to monitor their investment portfolio and evaluate their external fund managers.
June 10, 2008
J.P. Morgan Launches Latest Global Derivatives Collateral Offering
J.P. Morgan, which currently services more than $70 billion in derivatives collateral, is offering the new automated reconciliation technology globally, representing the latest enhancement to its Derivatives Collateral Management (DCM) solution. This technology, which is designed to work in conjunction with TriOptima’s triResolve automated position reconciliation service, increases the efficiency and risk management of trading records.
June 3, 2008
J.P. Morgan Expands Boston Fund Services Operations
J.P. Morgan Investor Services said it will lease approximately 100,000 square feet at 451 D Street in South Boston, will retain its offices at 1 Beacon Street and expects to hire more than 300 employees for its global funds services business over the next five years. The business provides accounting and administrative services for institutional investors globally.
May 27, 2008
J.P. Morgan Adds Depositary Receipts Staffing in Asia & Latin America
J.P. Morgan’s new DR specialists in Argentina, Brazil and Singapore will provide a full range of services to companies that want to have their equity traded on exchanges beyond their home markets. The team includes three vice presidents: Bettina Garcia, who will head the local DR sales office in Buenos Aires and is also responsible for DR sales in Chile and Peru, Marcos Yokota, who will head local DR sales in Sao Paulo, and Sharon Tang, who will head the DR sales office in Singapore.
May 6, 2008
J.P. Morgan Extends Compliance Reporting Services to Support Socially Responsible Investment Restriction Monitoring
The new criteria cover some 50 categories, including adult entertainment, gambling, tobacco, weapons, country ties, board diversity, corporate governance, climate change and faith values. The service can be applied to clients’ custody or accounting records, with online reporting available through J.P. Morgan’s existing Web-based Compliance Reporting application.
April 25, 2008
J.P. Morgan Is Top Custodian and Fund Administrator in Luxembourg
J.P. Morgan Bank Luxembourg S.A. today announced that it is the top custodian and fund administrator in Luxembourg, according to the latest figures from Fitzrovia, the independent data firm.
April 1, 2008
JPMorgan Private Equity Fund Services Launches DealVault Technology
JPMorgan Private Equity Fund Services (PEFS) developed DealVault to provide CFOs, deal and investor relations professionals with an advanced platform to centralize volumes of deal tracking information. DealVault integrates with accounting and back office systems, providing private equity investment professionals with one platform to administer every aspect of a private equity investment’s lifecycle.
March 27, 2008
JPMorgan to Acquire Institutional Global Custody Portfolio Of Nordea
JPMorgan Worldwide Securities Services (WSS), a leading provider of global custody and fund services, today announced its intent to acquire the institutional global custody portfolio of Nordea.
March 25, 2008
J.P. Morgan Wins Cavali Custody Contract
J.P. Morgan Securities Company (SC) will be providing custody and asset administration services to Cavali for its portfolio of global securities. J.P. Morgan also provides services to several other central depositories, central banks, commercial banks, government institutions and corporations in the Latin America region.
March 19, 2008
JPMorgan Wins Four Banking Industry Awards
JPMorgan received four awards of excellence at The Asian Banker’s Leadership Achievement Awards ceremony, which was held in conjunction with The Asian Banker Summit in Hanoi.
March 13, 2008
London Pensions Fund Authority Selects JPMorgan For Alternative Investment Portfolio Administration
JPMorgan Private Equity Fund Services (PEFS) will provide LPFA with a set of comprehensive services to give greater insight on the performance, concentration and risk across the alternative investment portion of their assets. The services include cash management, cash flow tracking, performance measurement and analytics. There is also a sophisticated board-quality reporting capability.
March 5, 2008
JPMorgan to Provide Custody, Fund Accounting, and Securities Lending for Devon County Council Pension Fund
JPMorgan today announced it has been mandated by Devon County Council Pension Fund to provide global custody and related services for its £2.2 billion Fund. The mandate comes following a formal review by Devon County Council to consolidate all of its assets with one global custodian.
February 6, 2008
JPMorgan to Provide Currency Hedging for West Midlands Pension Fund
The Foreign Exchange and Rates (FX & Rates) division of JPMorgan’s investment bank will provide the currency hedging through its Passive Currency Overlay Programme for about £1.3 billion of non-UK assets.
January 14, 2008
AustralianSuper Selects JPMorgan For Private Equity Fund Services
JPMorgan PEFS will manage and support various processes for AustralianSuper, including alternative investment performance and investor tracking, while also assisting with the streamlining of AustralianSuper’s private equity instructions process. JPMorgan’s technology is the result of 10 years of private equity fund administration experience.
December 19, 2007
JPMorgan Report Says DRs Hit Record Levels In 2007
JPMorgan’s Depositary Receipts (DR) group said that 2007 saw record levels with DR trading volumes increasing 55% to 85 billion shares and values increasing 92% to $3.1 trillion, according to JPMorgan’s DR “Year in Review 2007” report.
December 13, 2007
JPMorgan Hedge Fund Services Opens Luxembourg Office
Bhagesh Malde, head of JPMorgan Hedge Fund Services in Europe and Asia said: “Luxembourg is an important market for our existing and future hedge fund and fund of hedge fund clients, and opening a full service office there is an important part of our expansion strategy into additional domiciles to be closer to our clients and service them on the ground. As the Luxembourg market grows, we intend to grow with it.”
December 3, 2007
J.P. Morgan Global Clearance to Provide Euronext Securities Clearing Services for URALSIB Securities
John Lewin, CEO of URALSIB Securities, said: “This gives our clients direct access to the Paris Bourse, Brussels Bourse, Amsterdam Stock Exchange and Lisbon Stock Exchange and underlines our strategy to be responsive to the demands of our clients with innovative solutions. JPMorgan is an ideal partner to help us provide the best possible service to our clients."
November 30, 2007
Taiwanese Chunghwa Telecom Switches ADR Program to JPMorgan
JPMorgan today announced that Chunghwa Telecom Co., Ltd. (“Chunghwa Telecom”) has switched the management of its American Depositary Receipts (“ADR”) program to JPMorgan effective 21 November 2007. Chunghwa Telecom’s ADRs are listed for trading on the New York Stock Exchange (“NYSE”), whilst its ordinary shares are listed for trading on the Taiwan Stock Exchange.
November 20, 2007
JPMorgan Appointed Successor Depositary Bank For Sanofi-aventis ADR Program
JPMorgan Worldwide Securities Services today announced it has been named successor depositary bank for the American Depositary Receipt (ADR) program of Sanofi-aventis, one of the world’s leading pharmaceutical companies. Sanofi-aventis’ ADR program is the largest in France and is among the top 10 ADR programs in Western Europe, as measured by number of ADRs outstanding.
November 14, 2007
State of Michigan Retirement System Hires JPMorgan For Alternative Investment Portfolio Administration
JPMorgan Private Equity Fund Services (PEFS) will provide the State with a set of comprehensive services to give greater insight on the performance, concentration and risk across the alternative investment portion of the assets. The services include investment accounting, cash flow tracking and forecasting, reporting and analytics, as well as the ability to easily generate board-quality reports.
November 8, 2007
JPMorgan Adds Bench Strength to Executive Management Team In Support of Wholesale and Broader Banking Strategy
JPMorgan TSS announced the capstone of its strategic foothold in the wholesale banking market with the appointment of Jane Perry as Head of Worldwide Securities Services (WSS), Australia & New Zealand. Formerly COO of AXA Australia and New Zealand, she joins alongside Tony O’Neill who was recently appointed Head of Treasury Services (TS) Australia & New Zealand. Collectively, the two have over 40 years of business management experience in leadership roles across a broad range of functions.
November 5, 2007
JPMorgan Launches Grupo Clarin Depositary Shares Program
JPMorgan today announced the launch of a global depositary shares (GDS) program for Grupo Clarín, Argentina’s largest media company, making it the first Argentine company to have a depositary receipt (DR) listing on the London Stock Exchange.
October 30, 2007
JPMorgan Worldwide Securities Services Expands In The Middle East
JPMorgan Worldwide Securities Services (JPMorgan WSS) today announced it has expanded its Securities Company’s business in the Middle East.
October 23, 2007
JPMorgan Adds India's Financial Technologies As New Depositary Receipts Services Client
JPMorgan today announced that it is acting as depositary bank for Financial Technologies (India) Limited (“Financial Technologies”). JPMorgan provides a full complement of ADR and GDR services to issuers seeking to have their equity traded on exchanges beyond their home markets. JPMorgan's primary services include DR Issuances and Cancellations, Stock Transfer, Tender and Exchange Offer and Subscription Rights Agency services, and Tax Reclamation services for investors.
October 23, 2007
John Hancock Selects J.P. Morgan For Separately Managed Account Administration
J.P. Morgan Managed Account Solutions will provide John Hancock Private Client Group (JH PCG) with a variety of services to automate back office functions for their 5,000 separately managed accounts (SMAs). The J.P. Morgan services will include: shadow accounting, account reconciliation, account maintenance, performance calculation and trading. These services allow asset managers to reduce risk, streamline processes and improve services to their customers.
October 15, 2007
JPMorgan Nets Top-Rating In First-Ever Private Equity Administration Survey
JPMorgan Private Equity Fund Services (PEFS) was top-rated overall for firms that provide administrative services to private equity firms. JPMorgan also secured the highest rankings from clients in North America and from clients of varying sizes from less than $100 million in committed capital to more than $10 billion, according to Global Custodian magazine, which conducted the survey.
October 3, 2007
JPMorgan Securities Lending Business Executive Speaks at Sibos
JPMorgan’s global head of Securities Lending and Execution Products, Sandie O’Connor, spoke today about the growth of electronic trading portals for foreign exchange at the Sibos 2007 conference in Boston.
October 2, 2007
JPMorgan Enhances US Agent Bank Clearing Functionality
JPMorgan has made a multi-million dollar investment in its US Agent Bank Clearing product, to expand its core clearance and custody systems to improve settlement of securities processes through the Depository Trust & Clearing Corporation (DTCC).
October 1, 2007
JPMorgan Donates $100,000 To Boston Youth Symphony Orchestras
The JPMorgan grant will fund 16 concerts in the BYSO’s 50th anniversary season, which begins Sunday, October 7th at Boston’s Symphony Hall. The donation will also support the BYSO’s community outreach program, making 250 tickets available to local community youth groups that may not otherwise have the opportunity to attend orchestral concerts.
October 1, 2007
American Century Investments Names J.P. Morgan As Sole Provider of Custody and Fund Services For $100 Billon In Assets
J.P. Morgan Worldwide Securities Services is the primary custodian and securities lending agent for American Century, but under the new arrangement, J.P. Morgan will be the sole provider for those services and will also provide fund accounting, financial reporting and tax services, pending contract finalization. The new services will be provided by J.P. Morgan’s Boston-based Fund Services unit, which is part of the firm's global integrated fund accounting platform with locations in the U.S., Europe and Asia.
September 26, 2007
WSIB Hires J.P. Morgan As Custodian And Securities Services Provider For $82 Billion In Assets
J.P. Morgan Worldwide Securities Services will provide a wide range of custody and securities services including: global custody, fund accounting, compliance measurement, securities lending, foreign exchange and performance measurement. The Board will have a dedicated client service team with on-site client service in Olympia, WA.
September 19, 2007
JPMorgan Hedge Fund Services To Provide Fund Administration and Custody Services To Over $10BN Of FRM Fund Of Hedge Fund Assets
JPMorgan Hedge Fund Services will provide fund accounting, financial reporting, transfer agency, partnership allocations and custody services to over $10bn of assets in portfolios managed by FRM.
September 13, 2007
J.P. Morgan Worldwide Securities Services Announces Custody Mandates From DSG And George Wimpey
J.P. Morgan Worldwide Securities Services provides the DSG Retirement and Employee Security Scheme with global custody and passive currency overlay services, and provides global custody for the George Wimpey pension plan.
September 12, 2007
JPMorgan Announces Depositary Bank Mandate For Vimetco
JPMorgan Worldwide Securities Services today announced that it is acting as depositary bank for Vimetco, following the company’s initial public offering last month, all of which was in global depositary receipt form (GDR).
August 22, 2007
JPMorgan Launches Almances Exito Global Depositary Receipt Program
Almacenes Exito (EXITO.BO), Colombia’s largest retailer, raised $392 million from the offering which, issued under Rule 144A and Regulation S of the U.S. securities law, allows investments to qualified institutional investors only. Exito’s stores sell consumer products, fresh products, apparel, home products and entertainment items.
August 15, 2007
JPMorgan Adds WuXi Pharmatech To The List Of New Chinese Clients It Serves As Depositary Bank
WuXi PharmaTech is a leading China-based pharmaceutical and biotechnology research and development ("R&D") outsourcing company. It provides a broad and integrated portfolio of high quality chemistry, biology and manufacturing services in the drug discovery and development process to pharmaceutical and biotechnology companies.
August 14, 2007
E-House as JPMorgan's New Depositary Receipts Services Client
E-House is a leading real estate services company in China. It provides primary real estate agency services, secondary real estate brokerage services as well as real estate consulting and information services.
August 13, 2007
JPMorgan Announces Mandate For First Nigerian GDR in London
Shaun Parkes, global head of sales for JPMorgan Worldwide Securities Services’
depositary receipts business, said, “We are very pleased to have been chosen
as depositary for GTBank in this landmark transaction.
August 13, 2007
J.P. Morgan Enhances Investment Analytics Technology
J.P. Morgan has redesigned its Investment Analytics & Consulting technology and services, so it can offer detailed security-level, multi-currency performance measurement and analytics to insurance companies, asset managers and pension and endowment fund executives using third-party data.
August 2, 2007
J.P. Morgan Worldwide Securities Services Named Custodian for ICI Specialty Chemicals Pension Fund
J.P. Morgan Worldwide Securities Services today announced it has been appointed custodian for the ICI Specialty Chemicals Pension Fund. J.P. Morgan already provides custody services for the ICI Pension Fund, which provides pensions for ICI employees who work for a different part of the company.
July 31, 2007
JPMorgan Builds Hedge Fund Services Team in Asia
JPMorgan Hedge Fund Services delivers extensive solutions for hedge fund and
fund of hedge funds clients seeking independent administration and custody services.
July 24, 2007
J.P. Morgan Nets New Custody Clients in Middle Market Sector
J.P. Morgan Worldwide Securities Services became a leader in the custody industry by serving some of the world’s largest corporations, mutual funds, pension funds and insurance companies. Now, it is looking to significantly increase the number of clients in the Middle Market, which have up to $1 billion in assets. The business unit has created a dedicated team to provide custody services for not-for-profit institutions and mid-sized companies. It has also launched a new campaign with the firm’s Commercial Bank to expand business with existing clients.
July 17, 2007
JPMorgan’s Trustee and Fiduciary Business Tops $1 Trillion in Assets Under Trusteeship
The business, which earlier this year celebrated its 20th anniversary, acts
in a fiduciary capacity for European collective investment schemes and is a
top provider of services in Dublin, Frankfurt, Jersey, Luxembourg and the UK.
T&F services have recently been expanded to include Belgium, China and Taiwan.
July 2, 2007
JPMorgan Adds 20th Derivative Collateral Management Client
More than half of CommanD's existing client base includes large multi-national
financial institutions, broker-dealers and asset managers including the World
Bank, Resolution Asset Management, Standard Life Investments and JPMorgan Asset
Management (UK), among others
June 26, 2007
J.P. Morgan Worldwide Securities Services Announces Five Mid-market Pension Fund Custody Mandates
The pension fund sponsors include ArvinMeritor UK, House of Fraser, Kingston
Communications, Lend Lease UK and Pilot’s National Pension Fund.
June 19, 2007
J.P. Morgan Worldwide Securities Services Expands Dutch Office
J.P. Morgan Worldwide Securities Services in the last year has hired a team based
in Amsterdam to work with Dutch corporate and institutional investors, such
as pension funds, fund management and insurance companies.
June 14, 2007
JPMorgan Acts as Depositary Bank for Yingli Green Energy’s Newly Launched American Depositary Receipts Program
Each Yingli Green Energy ADR represents one common share. A total of 29,000,000
American Depositary Shares were sold in the offering at a price of US$11 per
ADR, resulting in a total offering size of US$319 million.
June 7, 2007
LDK Solar Becomes JPMorgan’s New Addition to the List of Companies it Serves as a Depositary Bank
On 6 June
2007, LDK Solar completed its level 3 initial public offering of American Depositary
Receipts (ADRs) on the New York Stock Exchange ("NYSE").
June 5, 2007
JPMorgan Re-opens Turkcell ADR Program
JPMorgan today announced that it has successfully re-opened
American Depositary Receipt ("ADR") issuances and cancellations for
Turkcell Iletisim Hizmetleri A.S. ("Turkcell"), effective 17 May 2007.
Turkcell is the leading mobile communications provider in Turkey.
May 23, 2007
JPMorgan Acts as Depositary Bank for China Sunergy’s Newly Launched American Depositary Receipt Program
A leading manufacturer of solar cell products, China Sunergy completed its level 3 new initial public offering of American Depositary Receipts (ADRs) on NASDAQ on May 22, 2007.
May 22, 2007
JPMorgan Launches Depositary Receipt Index Program
JPMorgan today announced the launch of its first Depositary
Receipt Index program with a dozen indexes designed to provide retail and institutional
investors with new investable benchmarks for global equity performance.
May 15, 2007
JPMorgan is First 3rd Party Administrator in Luxembourg to Reach $300 Billion Mark
According to Fitzrovia, the independent data firm, JPMorgan Bank Luxembourg S.A. is the first 3rd party Luxembourg fund administrator to have $300 billion of assets under administration and is the largest custodian and fund administrator in Luxembourg.
May 14, 2007
JPMorgan Launches Private Equity Fund Services in UK
Huw Jones joins as head of JPMorgan Private Equity Fund Services’ London office to expand the business throughout Europe and the Middle East, offering fund administration and portfolio administration to European and Middle Eastern private equity firms and to limited partners (investors).
April 30, 2007
China’s Linktone Selects JPMorgan as the Successor Depositary Bank for its NASDAQ-listed American Depositary Receipt Program
Linktone is a leading provider of wireless interactive entertainment products and services in China. The company provides a diverse portfolio of services to wireless consumers, with a particular focus on media, entertainment and communications.
April 26, 2007
JPMorgan Celebrates 80th Anniversary of the ADR
JPMorgan created and launched the first–ever ADR on April 29, 1927 for the U.K.’s Selfridges Provincial Stores Limited (now known as Selfridges PLC), the famous British retailer. The first ADR was listed on the New York Curb Exchange, the precursor to the American Stock Exchange.
April 23, 2007
JPMorgan Worldwide Securities Services Wins Custody Mandate for Pension Insurance Corporation
JPMorgan will provide custody, fund accounting and associated services for PIC.
April 17, 2007
JPMorgan to Provide Alternative Asset Fund Services for Ireland's National Pensions Reserve Fund
The fund was valued at €18.8 billion at the end of 2006. The National Treasury Management Agency projects the value of the NPRF's property and private equity portfolios will be at least €2 billion each by 2009.
April 11, 2007
JPMorgan Launches New Investment Improvement Tools
The new tools – Manager Consistency Analysis and Marginal Risk Analysis
– are the latest from JPMorgan, and are designed to help asset managers
and pension and endowment fund executives achieve greater risk-adjusted returns
for investment portfolios.
April 9, 2007
JPMorgan Fund Services Expands Boston Operations
JPMorgan has hired more than 150 new employees in the past year and plans to hire more this year to provide custody, accounting, investment operations and fund administrative services for U.S. mutual fund companies.
April 2, 2007
JPMorgan Launches the First Global Depositary Receipt Listing on the Singapore Exchange
JPMorgan will act as depositary bank for the Uttam Galva Steels Limited (“Uttam Galva”) Global Depositary Receipt (“GDR“) program. This is the first ever GDR listing on the Singapore Exchange Securities Trading Limited (“SGX”), established in conjunction with the company’s US$20 million Regulation S offering.
March 26, 2007
JPMorgan Selected for Launch of NYSE ARCA TECH 100 ETF
JPMorgan will provide fund accounting, fund administration, transfer agency and custody services for the new ETF that replicates the NYSE Arca Tech 100 Index, which represents 100 companies in the technology field and related industries. The ETF is expected to begin trading on the NYSE Arca, L.L.C. under the symbol (NXT) on March 26, 2007. Shares are expected to be available in the secondary market on March 28, 2007.
March 20, 2007
J.P. Morgan Property Exchange Creates Strategic Alliance Program
The new program means JPEX will establish formal alliances to provide services for Like-Kind Exchanges (LKEs), which are allowed under Section 1031 of the Internal Revenue Code, and allow taxpayers to defer capital gains on the exchange of business/investment property.
March 19, 2007
J.P. Morgan Global E-Tax System Expanded
The latest version of J.P. Morgan E-Tax offers detailed tax profiles that are updated daily in more than 90 markets providing in-depth tax information including statutory exemptions, tax procedures and reclaim forms worldwide.
March 7, 2007
Knight Equity Markets International Chooses JPMorgan Globeclear for Clearing and Settlement
Knight began a review at the end of last year of its requirements for the clearing, settlement and related services of its on- and off-exchange trading activity. After the review, Knight reappointed JPMorgan GlobeClear, which has provided over the counter (OTC) and on-exchange securities clearing for Knight since 2004.
March 5, 2007
JPMorgan Worldwide Securities Services Wins £9.5BN Asset Servicing Mandate from Wellcome Trust
Under the agreement, JPMorgan will provide custody, accounting, monthly performance measurement, cash products and foreign exchange services, passive currency overlay, and commission recapture for the £13.9 billion* foundation.
March 1, 2007
JPMorgan Worldwide Securities Services Wins £733 Million Custody Mandate from Southwark Council Pension Fund
Separately, JPMorgan Transition Management recently completed an asset restructure for the Southwark Pension Fund. The transition saw the restructure of £520m of equity assets divided among three fund managers.
February 26, 2007
JPMorgan to Acquire Fund Services Business of Integrated Investment Services
Integrated Investment Services (IIS) is a fund accounting, fund administration and transfer agency services business. The acquisition is expected to close in the second quarter of 2007.
February 22, 2007
Proshares Selects JPMorgan to Help Launch 12 More ETFs
JPMorgan Worldwide Securities Services will supply a full range of services including fund accounting, fund administration and custody services. The fund accounting, fund administration and regulatory services will be provided by JPMorgan’s U.S. Fund Services unit, which is based in Boston.
February 14, 2007
NYSTRS Selects JPMorgan as First Non-Custody Securities Lending Agent for Fixed Income
JPMorgan’s Securities Lending business will lend fixed income securities to qualified borrowers, seeking to create extra income for NYSTRS, one of the largest public retirement systems in the nation.
February 13, 2007
Rydex Investments Announces the Launch of CurrencysharesSM Japanese Yen Trust
Shares of the first yen–based exchange traded fund (ETF) will begin trading today on the New York Stock Exchange. CurrencyShares Japanese Yen Trust (NYSE: FXY) tracks the daily price movement of its underlying currency, with shares of the trust representing approximately 10,000 yen.
February 5, 2007
JPMorgan Worldwide Securities Services Reappointed Custodian for London Pensions Fund Authority
JPMorgan has provided custody services for LPFA since 1991 and also provides accounting, performance measurement and securities lending services.
January 31, 2007
William Smith Joins JPMorgan Worldwide Securities Services as Head of Securities Lending Sales in Western Hemisphere
Smith has more than two decades of business management experience in securities lending, collateral and cash management and capital markets. He has held several key positions in securities lending including managing director at HSBC Bank USA, NA and at Deutsche Bank, AG.
January 24, 2007
Strong Growth in American and Global Depositary Receipts Anticipated in 2007
Strong growth in liquidity and capital raised from American and Global Depositary Receipts is anticipated in 2007, matching or exceeding 2006’s record-setting levels, according to JPMorgan’s Depositary Receipts Group.
January 23, 2007
JPMorgan Becomes Depositary for Intesa Sanpaolo ADR Program
JPMorgan today announced that it has been appointed as depositary bank for the Intesa Sanpaolo American Depositary Receipt ("ADR") program, which replaced the previous Sanpaolo ADR program following the merger with Banca Intesa on January 1. The ADRs are traded on the OTC market in the US.
January 22, 2007
Universities Superannuation Scheme Reappoints JPMorgan Worldwide Securities Services as Global Custodian
USS has approximately £29 billion of assets under management, of which around £24 billion is managed internally. JPMorgan has acted as global custodian and has provided securities lending services for USS since 1995.
January 9, 2007
MFS Investment Management Selects JPMorgan WSS for Custody and Fund Accounting
The services will be provided by JPMorgan’s Boston-based Fund Services unit, which is part of the firm’s global integrated fund accounting platform with locations in the U.S., Europe and Asia.
January 8, 2007
HM Capital Partners LLC Selects JPM Private Equity Fund Services for Strategic Outsourcing Relationship
In a landmark private equity outsourcing arrangement, the HM Capital fund administration team will become a part of JPMorgan Private Equity Fund Services (PEFS) and will continue to support HM Capital as a third party administrator.
January 3, 2007
Employees Retirement System of Texas Selects JPMorgan Worldwide Securities Services for Global Custody & Asset Services
JPMorgan will provide a wide range of global custody services and will also become the provider of ERS’ official accounting records for its investment management and plan sponsor operations.
January 2, 2007
Petrobras Selects JPMorgan for $25 Billion ADR Program
As successor depositary bank for the common and preferred share American Depositary Receipt (ADR) programs for Petrobras, JPMorgan becomes leader in Latin American Depositary Receipts.
December 20, 2006
JPM WSS Wins Ohio Treasurer Contract for $92 Billion in Assets
JPMorgan will now provide global as well as domestic custody and securities services for the public employees’ retirement system and workers compensation insurance fund through its Worldwide Securities Services unit, which is part of JPMorgan Chase.
December 18, 2006
Old Mutual Asset Managers (SA) and JPMorgan Reach Outsourcing Agreement
The outsourcing will include core investment administration services; including trade support, fund accounting and reporting, which are expected to be transferred to JPMorgan by the end of next year.
December 11, 2006
JPMorgan Worldwide Securities Services and Barclays Global Investors Complete Outsourcing Arrangement
The transition to JPMorgan’s servicing platform was one of the biggest investment services outsourcing transactions in the region.
December 6, 2006
Modern Asset Management Selects JPM for SMA & Unified Managed Account Administration and Electronic Execution
The services include shadow accounting, reconciliation, new account setup, performance calculation and account maintenance. JPMorgan will be providing services to Modern as an asset manager and as a sponsor.
October 31, 2006
Teachers' Retirement of Oklahoma Selects JPM WSS to Provide Custody Services for $8 Billion Asset Portfolio
JPMorgan will provide Custody, Securities Lending, Fund Accounting,
Performance Measurement and Compliance Reporting services
October 23, 2006
JPMorgan Acts as Transition Manager for £1 Billion Lincolnshire County Council Pension Fund
As part of the restructuring, the pension fund has hired Alliance Bernstein to manage £100million of equities and Threadneedle to manage £50 million of equities.
October 10, 2006
JPM WSS Poll Shows Asset Managers, Investors Concerned About Lack of Market Data for Derivatives
The poll was of 20 asset managers and institutional investors who attended JPMorgan WSS’ “Operational Success in OTC Derivatives” forums in New York and London.
October 9, 2006
JPMorgan Worldwide Securities Services Unveils Major Technology Enhancements to VIEWS Portfolio Reporting System
The latest version of JPMorgan VIEWS gives institutional investors a “dashboard” homepage that quickly summarizes all assets, real–time intra–day reports and a Report Wizard that allows integration of data from numerous sources and extensive customization.
October 4, 2006
JPMorgan Worldwide Securities Services Announces it has Hired Francis Jackson
Jackson joined from SEI Investments, where he was global head of Private Banking and Distribution business at the asset management, fund administration and outsourced processing company.
October 2, 2006
JPMC completes acquisition of BNY's consumer, small-business and middle-market banking businesses
The former Bank of New York customers – as well as existing Chase customers – now have access, without paying a fee, to 2,200 Tri–state area ATMs, which are branded Chase or Bank of New York.
September 14, 2006
JPMorgan's Worldwide Securities Services Hires Mark Kelley as Head of JPMorgan Fund Services
Kelley, an executive with more than 20 years of financial services experience, has held several key positions including most recently as Managing Director and Regional Business head of Citigroup’s Securities and Fund Services Europe, Middle East and Africa Division.
September 1, 2006
J.P. Morgan Property Exchange Inc. Offers Online Seminars on Like-Kind Exchange Tax Deferments
The hour–long Webinars will cover topics including: the Basics of IRC Section 1031, How to identify potential exchange beneficiaries, Qualified Intermediaries and when to use them, Tax and investment benefits of Like–Kind Exchange and LKE structures, plus many more.
August 28, 2006
JPMorgan Worldwide Securities Services Expands Investment Management Sales Force
James Donatell will focus on new business development for West Coast asset managers and Diane Hutson Scott will concentrate on firms in the Northeast.
August 15, 2006
JPMorgan Worldwide Securities Services to Provide Custody Services for the Mineworkers Pension Scheme
Following The Mineworkers Pension Scheme’s recent benchmarking exercise and review, the Scheme has agreed to retain JPMorgan Worldwide Securities Services (WSS) as their £10.5 billion scheme’s custodian.
August 15, 2006
JPMorgan Worldwide Securities Services to Provide Custody Services for the British Coal Staff Superannuation Scheme
Following The British Coal Staff Superannuation Scheme’s recent benchmarking exercise and review, the Scheme has agreed to retain JPMorgan Worldwide Securities Services (WSS) as their £8.0 billion scheme’s custodian.
August 14, 2006
Threadneedle and JPMorgan Sign Outsourcing Contract
Threadneedle Investments and JPMorgan Chase Bank have today announced that they have signed the contract on 7th August to appoint JPMorgan as Threadneedle’s chosen provider of outsourced Investment Operations services.
July 18, 2006
Freddie Mac Selects JPMorgan to Provide Technology and Securities Services for $700 Billion Asset Portfolio
Freddie Mac (NYSE:FRE) today announced that it has selected JPMorgan Worldwide Securities Services to provide transaction processing and recordkeeping services for its approximately $700 billion portfolio of mortgage–backed securities and short–term assets. Freddie Mac is one of the nation’s largest investors in residential mortgages.
July 17, 2006
JPMorgan Worldwide Securities Services Selected by UJA-Federation of New York for Custody & Accounting Services
JPMorgan chosen for experience, technology and services for endowment and foundations.
July 12, 2006
Nordea Asset Management in Luxembourg Awards Consolidated Global Custody Mandate to JPMorgan
Nordea Bank S.A. in Luxembourg has consolidated global custody for $28 billion of the group’s international fund and private client assets with JPMorgan Worldwide Securities Services.
July 11, 2006
Lee Burchell Joins JPMorgan Worldwide Securities Services as Vice President Pension Fund Sales
Burchell joins a team led by Benjie Fraser, Senior Vice President and head of business development for European pension funds at JPMorgan WSS, as part of WSS’s focus on pension funds and the administration of pension funds.
June 28, 2006
JPMorgan Bankruptcy & Settlement Services Distributes Full Payment of $891 Million to Farmland Unsecured Creditors
JPMorgan recovers and pays out 104% of unsecured claims. A leading provider of Chapter 11 services, JPMorgan Bankruptcy & Settlement Services reached the full payment mark this week.
June 26, 2006
JPMorgan Worldwide Securities Services Selected by Rydex Investments to Launch Six New CurrencySharesSM
JPMorgan Worldwide Securities Services, a leading global provider of securities services, today announced that Rydex Investments has selected JPMorgan as depository for its six new currency–based exchange traded products.
June 23, 2006
Threadneedle Set to Outsource Investment Operations to JPMorgan
Threadneedle Investments (“Threadneedle”) announced today that it has entered into exclusive negotiations with JPMorgan Chase Bank N.A. (“JPMorgan”) with the intention of appointing JPMorgan as Threadneedle’s chosen provider of outsourced Investment Operations services.
June 23, 2006
JPMorgan Wins ADR Mandate for United Utilities
JPMorgan today announced that it has been appointed successor depositary bank for the American Depositary Receipt (ADR) programme of United Utilities, the FTSE 100 company.
June 21, 2006
JPMorgan to Provide Full Range of Fund Administration Services for New ETFs
JPMorgan today announced that ProShares has selected the firm to provide a full range of fund services including accounting, administration, transfer agency and custody services.
June 15, 2006
SWIFT Board elects new Chairman and Deputy Chairman
SWIFT announced today the election of Mr. Yawar Shah as Chairman of the Board.
June 7, 2006
Royal Mail Pension Plan Consolidates £2.2 Billion of Assets with JPMorgan Worldwide Securities Services
Move will bring all segregated assets under one global custodian.
June 5, 2006
JPMorgan Offers Tri-Party Clearance Arrangement Across the Nordic Region
JPMorgan today announced that GlobeClear, its securities clearance business, has launched a fully–integrated clearance and settlement solution for on-exchange trades across the Nordic region.
May 31, 2006
JPMorgan Worldwide Securities Services is Selected by Charles Schwab Investment Management for Separately Managed Account Administration
—JPMorgan's rapid conversion process brought CSIM accounts live in three-months—
May 30, 2006
Henderson to Outsource Servicing for $2 Billion of its Hedge Fund Assets to JPMorgan Hedge Fund Services
Agreement comes after JPMorgan Hedge Fund Services acquired Paloma Partners‚ middle and back office
May 24, 2006
Euro CurrencyShares Reaches Over $700 Million in Assets
JPMorgan Worldwide Securities Services serves as depository for new investment tool.
May 22, 2006
G30 Final Report on Global Clearing and Settlement
The Group of Thirty (G30) today released "Global Clearing and Settlement: Final Monitoring Report," which outlines progress in implementing the twenty recommendations contained in the Group's 2003 Plan of Action.
May 15, 2006
Group of Thirty (G30) Reveals Final Global Clearing & Settlement Report at May 22nd JPMorgan Press Event
The Group of Thirty (G30) will hold a press conference to announce the findings of the "Global Clearing and Settlement: Final Monitoring Report" on Monday, May 22nd at 9 a.m. ET at JPMorgan headquarters in New York.
May 10, 2006
HOSTPLUS Re-appoints JPMorgan Chase as Master Custodian
Industry superannuation fund HOSTPLUS has re-appointed leading financial services group JPMorgan Chase Bank, N.A. as its master custodian following a custodian review.
May 3, 2006
Jon Lloyd Joins JPMorgan Worldwide Securities Services as International Chief Administration Officer
JPMorgan today announced that Jonathan Lloyd joined JPMorgan Worldwide Securities Services (WSS) as chief administrative officer for international regions, including Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC). Lloyd reports to Liz Nolan, Regional Executive for Worldwide Securities Services in EMEA and APAC.
April 8, 2006
JPMorgan Chase to acquire The Bank of New York's consumer, small-business and middle-market banking businesses in exchange for corporate trust operations
Chase to add 338 branches serving 600,000 households; will gain deposits of $15 billion. The deal will significantly strengthen Chase's leadership in New York City/Tri-State region and will increase small-business and commercial banking franchises, adding 100,000 small-business and 2,000 middle-market clients.
March 31, 2006
JPMorgan Wins ADR Mandate for Enel
JPMorgan today announced that the NYSE listed American Depositary Receipt (ADR) programme for Enel is now live with JPMorgan, which will act as successor ADR depositary bank to Enel, a leading European energy group.
March 16, 2006
JPMorgan Launches TAM Brazilian Airlines ADR Program
JPMorgan today announced the launch of the TAM S.A (NYSE: TAM) American Depositary Receipt (ADR) program established in conjunction with the Brazilian Airlines' $463 million initial public offering of ADRs.
March 1, 2006
JPMorgan Wins Successor Depositary ADR Mandate for Intercontinental Hotels Group PLC
JPMorgan today announced that it has been appointed successor depositary bank by InterContinental Hotels Group PLC ("IHG") for its NYSE-listed American Depositary Receipt ("ADR") programme which backs its ordinary shares on the London Stock Exchange.
February 27, 2006
JPMorgan Worldwide Securities Services Hires Benjie Fraser
JPMorgan Worldwide Securities Services (WSS) announced today the appointment of Benjie Fraser as Senior Vice President and head of business development for European pension funds, a new position, as part of WSS's focus on pension funds and the administration of pension funds.
February 16, 2006
Cazenove Capital Management Goes Live with JPMorgan for Securities Services
JPMorgan today announced that Cazenove Capital Management is now live with JPMorgan's global custody, fund administration and fiduciary solution. Cazenove Capital Management (CCM) selected JPMorgan as its main securities services provider for its �4 billion of UK and Irish funds.
February 13, 2006
JPMorgan Worldwide Securities Services to Acquire Paloma's Middle and Back Office Operations
JPMorgan Worldwide Securities Services (WSS), a leading global provider of fund services, today announced it has agreed to acquire the middle and back office operations of Paloma Partners Management Company (Paloma). Paloma is part of a privately-owned investment fund management group, based in Greenwich, CT.
January 24, 2006
CUNA Mutual Group Selects Systems & Services Technologies as the Preferred Partner to Provide Auto Loan Servicing Solutions
CUNA Mutual Group, the leading provider of financial services to credit unions, has selected Systems & Services Technologies, Inc. (SST), the nation's leading independent loan servicer, to provide auto loan servicing solutions to CUNA Mutual's collateral protection customers and their members.
January 12, 2006
JPMorgan Wins ADR Mandate for KPN
JPMorgan today announced that the NYSE listed American Depositary Receipt (ADR) programme for KPN is now live with JPMorgan, which will act as successor ADR depositary bank to the leading European telecommunications group.
January 11, 2006
JPMorgan Launches Taiwan Kolin Co., Ltd. GDR Program
JPMorgan has announced the Taiwan Kolin Co., Ltd (Taiwan Kolin), Global Depositary Receipt (GDR) program in conjunction with the company's $28.7 million initial public offering.
January 2, 2006
Leary Discusses the Outsourcing of Compliance Functions
On October 24, 2005, the U.S. Institute hosted a panel discussion for Chief Financial Officers (CFOs) and Chief Operating Officers (COOs) of large investment companies and advisers on outsourcing compliance functions.
November 14, 2005
JPMorgan Worldwide Securities Services Launches New Private Equity Fund Services Business
JPMorgan offers a full suite of high-quality outsourced fund administration services to private equity firms and institutional limited partners.
