We are committed to our business in South Africa, and we are one of the most prominent financial services firms in the country. From Johannesburg and Cape Town, we provide clients with products and services from across our asset management and corporate and investment bank lines of business. Our branch in South Africa is an authorised financial services provider.
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 has a long history of being a premier investment bank in the South African market. Today, the firm's footprint includes Cape Town and Johannesburg, where it has a full banking license.
J.P. Morgan has proactively embraced the South African government's Broad-Based Black Economic Empowerment agenda. This is based on the belief that the foundations of true transformation lie in a strategy that recognizes the interrelated nature of the scorecard pillars and accords equal importance to each. J.P. Morgan understands that transformation is about building a workable and sustainable strategy rather than scoring points.
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