J.P. Morgan in Spain

Local expertise. Global resources. Our commitment to Spain.

Our presence in Spain dates back to 1949, when we made our first loan to the country. From our headquarters in Madrid, we offer our clients, including major corporates, financial institutions and governments, access to debt and equity capital markets, M&A and advisory and private banking.

 

J.P. Morgan has operated in Europe for nearly 200 years and has a sophisticated local market presence across Europe, the Middle East and Africa (EMEA). Within the region, J.P. Morgan has an unparalleled client base and leadership across the spectrum of financial services products. The regional head office in London is complemented by a strong regional footprint, with offices in all major financial centers.

 

Globally, through the JPMorgan Chase Foundation, we make philanthropic investments in cities where we have major operations, assisting those at a disadvantage by helping them build better lives for themselves, their families and their communities. Across EMEA, the firm focuses its investment and attention on three pillars: Economic Development, Financial Empowerment and Workforce Readiness.

 

J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. As announced in early 2018, JPMorgan Chase will deploy $1.75 billion in philanthropic capital around the world by 2023. We also lead volunteer service activities for employees in local communities by utilizing our many resources, including those that stem from access to capital, economies of scale, global reach and expertise.

 

Our Local History


With a legacy dating back to 1799, we have a history of demonstrating leadership during times of both economic growth and financial instability.

 

J.P. Morgan's presence in Spain dates as early as 1869, when J.S. Morgan & Co., the London-based firm established by J. Pierpont Morgan’s father Junius, issued an £8 million loan to the Spanish government, its first government loan to a European nation.  In 1949, Chase National Bank (a firm predecessor) made its first loan to Spain, a $25 million credit secured by gold. In 1962, Chase Manhattan Bank, formed by the merger of Chase National and the Bank of the Manhattan Company, opened a representative office — followed by Morgan Guaranty three years later. In 1979, Chase Manhattan and Morgan Guaranty opened Madrid branch offices.

 

In 1987, J.P. Morgan & Co. led the country’s first two matador bond issues, foreign bonds issued in Spain by a non-Spanish company. Three years later, J.P. Morgan launched a 10 billion peseta bond issue for the Kingdom of Denmark. This was the first time a debt issue was brought to market in Spain for a foreign sovereign government.