- 1973: Chase Manhattan Bank opens Chase Manhattan Bank Luxembourg, S.A., a wholly owned subsidiary. The new subsidiary is located in Luxembourgville’s new Centre La Luxembourgoise and provides services such as short and medium term loan facilities in Eurocurrencies as well as in Luxembourg francs.
- 1988: J.P. Morgan Asset Management (Europe) S.àr.l is established and is now among the largest promoters of Luxembourg-based funds.
- 1988: Fleming Asset Management, part of Robert Fleming Holdings, establishes an office in Luxembourg.
- 1989: J.P. Morgan commences custody banking in Luxembourg.
- 2000: Chase Manhattan acquires Fleming Asset Management.
- 2004: J.P. Morgan Luxembourg becomes the largest custodian in the country.
- 2016: J.P. Morgan Luxembourg starts Payments and Commercial Bank businesses.
- 2019: J.P. Morgan Luxembourg launches its Private Bank.
- 2022: J.P. Morgan takes majority ownership of Volkswagen Payments Business, renamed to Mobility Payments Solutions.
About us
J.P. Morgan has a proud history of supporting clients, with more than 50 years in Luxembourg and for nearly 200 years across Europe. This is part of J.P. Morgan’s premier global franchise, which includes local market presence across Europe, the Middle East and Africa (EMEA). From Luxembourg, across the region and around the globe, we deliver leading financial services and products to a diverse and sophisticated client base that includes some of the world’s most important corporations, governments, institutions and individuals.
In Luxembourg, clients can access an array of Asset Management, Private Banking, Securities Services and Treasury Services solutions. Thanks to the commitment of 800 local employees.
J.P. Morgan is committed to building vibrant communities, preserving our environment and promoting an inclusive culture across the world that benefits people today and generations to come. Across Europe, the Middle East and Africa, we focus on the most vulnerable in society, responding to deep social needs in the communities that we serve.
In Luxembourg, JPMorganChase has also been giving back to the community for 50 years: either supporting organizations who focus on training underserved young people in tech skills; bringing the skills of our employees to the community through the Career Connect project, an initiative also delivered in several other markets globally, to support the career readiness of young people and help them to prepare for the world of work; or through the Firm’s global program encouraging all employees to volunteer their time and skills to local charities, thus strengthening JPMorganChase’s ties with the communities in which we live and work. J.P. Morgan is also believed to be the first international financial institution and Luxembourg employer with an English-language local Government endorsed Apprenticeship Program for high-school students.
About Luxembourg
In the centre of Europe, Luxembourg is known for a stable political, legal and regulatory regime, making it a popular location for companies to base their regional and worldwide operations and shared service centres.
- Luxembourg is the world’s largest domicile for cross-border funds and the world’s second largest mutual fund domicile
- Triple A country rating from all of the well-known credit rating agencies
- GDP growth consistently above the European average
- Highly skilled talent pool
- One of the most multilingual countries in Europe
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. Below you will find major milestones from the firm’s history in Luxembourg. The institutions listed in the timeline are several examples of the over 1,200 predecessors that make up today’s JPMorganChase.
What problem can we solve together?
What problem can we solve together?
At J.P. Morgan Asset Management, we believe investors deserve an expert global partner they can trust to step up and deliver strong outcomes.
Your partner for commerce, receivables, cross-currency, working capital, blockchain, liquidity and more.
Helping hedge funds, asset managers and institutional investors meet the demands of a rapidly evolving market.
At J.P. Morgan Private Bank, we work with achievers like you to define the impact you want to make on the world. Then we help you create a custom financial plan that puts your money to work toward achieving those goals.
Helping institutional investors, traditional and alternative asset and fund managers, broker dealers and equity issuers meet the demands of changing markets.
Contact us
For general inquiries and global media contact information, please visit our Global Contacts.