Press Release

Euromoney survey recognizes J.P. Morgan Payments as global market leader for USD cash management

J.P. Morgan also named leader for US dollar in the Middle East and Western Europe categories, as well as number one for Best Service for Euro Cash Management in Asia Pacific.

The 2023 Euromoney Cash Management Financial Institutions Survey has ranked J.P. Morgan as global market leader for the first time. The Firm rose in the rankings from fourth place in 2022 to take the top spot this year.

Alongside this prestigious award, J.P. Morgan was also named leader for US dollar in the Middle East and Western Europe categories, as well as number one for Best Service for Euro Cash Management in Asia Pacific.

Kiat-Seng Lim, Global Head of Financial Institutions Group Sales, Payments, J.P. Morgan, says the Firm is appreciative of this recognition. “We are always striving to innovate and improve for our clients. The overwhelmingly positive response from the broad survey conducted by Euromoney shows that this ambition has been realized, and further encourages us to deliver to an exceptional standard for all that we serve.”

J.P. Morgan was also awarded first place in 21 other categories in the complementary Euromoney Cash Management non-Financial Institutions Survey, including Best Service Overall in North America, Switzerland, the United States of America and globally for Life Sciences. Amongst the accolades was a first place for Best Service regionally for Western Europe.

Lori Schwartz, Global Head of Liquidity Solutions, Account Services and Escrow, J.P. Morgan, noted that many of these awards have been granted to the Firm for the first time. “This is a great achievement, and speaks directly to the dedication of our teams worldwide. Behind each of these wins is a concerted effort from our people, and it is especially gratifying for them to see this recognized."

Euromoney Cash Management Financial Institutions Survey

Awards won:

  • Overall Global market leader (dollar)
  • Overall regional market leader, Middle East (dollar)
  • Overall regional market leader, Western Europe (dollar)
  • Overall Best Service, Asia Pacific (euro)

Euromoney Cash Management non-Financial Institutions Survey

Awards won:

  • Overall Best Service, North America
  • Overall Best Service, Switzerland
  • Overall Best Service, United States of America
  • Life Sciences Best Service, Global
  • Regional Best Service, North America
  • Domestic Best Service, Switzerland
  • Domestic Best Service, United States of America
  • Regional Best Service, North America
  • Domestic Best Service, United States of America
  • Regional Best Service, North America
  • Domestic Best Service, United States of America
  • Regional Best Service, North America
  • Regional Best Service, Western Europe
  • Domestic Best Service, Switzerland
  • Domestic Best Service, United States of America
  • Regional Best Service, North America
  • Domestic Best Service, United States of America
  • Global Best Service, medium companies
  • Global Best Service, large companies
  • Regional Best Service, North America, large companies
  • Domestic Best Service, United States of America, large companies

Methodology: The Euromoney Cash Management Survey recognizes the leading providers of cash management products and services. This year they collected 800 valid responses in the Euromoney Cash Management Financial Institutions Survey and 29,000 responses in the Euromoney Cash Management non-Financial Institutions Survey.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of J.P. Morgan, its affiliates, or its employees. The information set forth herein has been obtained or derived from sources believed to be reliable. Neither the author nor J.P. Morgan makes any representations or warranties as to the information’s accuracy or completeness. The information contained herein has been provided solely for informational purposes and does not constitute an offer, solicitation, advice or recommendation, to make any investment decisions or purchase any financial instruments, and may not be construed as such.
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