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.