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December 19, 2011

Over $14 Billion Raised by Corporate Issuers Using Depositary Receipts in 2011; DR Trading Volume Hits New Record While Trading Value Increased According to J.P. Morgan Year in Review Report

Despite difficult market conditions driven by sovereign debt concerns in Europe, slowing economic growth concerns in the U.S., and rising inflation in emerging markets, depositary receipts (DRs) remained resilient in 2011 with 54 issuers raising over $14 billion via DR IPO or follow-on offerings, according to J.P. Morgan’s DR 2011Year in Review report. In addition, DR investors drove trading volumes to record levels in the first 11 months of 2011.

December 1, 2011

J.P. Morgan Expands Prime Custody Service to European Prime Brokerage Clients

J.P. Morgan today announced the expansion of its Prime Custody service, which is now available to hedge fund clients of its European Prime Brokerage business further establishing it as a provider of both market leading prime brokerage and global custody services through a fully integrated platform.

November 21, 2011

Gulf Capital Awards Private Equity Fund Administration Contract to J.P. Morgan

 J.P. Morgan’s Worldwide Securities Services (WSS) business today announced it has been appointed by Gulf Capital Equity Fund Associates to provide private equity fund administration services to the GC Equity Partners Fund II, a late stage fund with in excess of $500 million of committed capital.

November 17, 2011

J.P. Morgan Opens Branch in Warsaw

J.P. Morgan today marked the official opening of its branch in Warsaw, Poland. It is the bank’s first branch in Central and Eastern Europe, reflecting the increased importance of Poland’s economy to the region. 
 

October 27, 2011

J.P. Morgan Achieves its Highest Ranking in Global Investor/ISF 2011 Equity Survey

J.P. Morgan Worldwide Securities Services today announced that it achieved its best ranking to date in the 2011 Equity Lending Survey conducted by Global Investor/ISF magazine.

October 19, 2011

Royal Borough of Windsor and Maidenhead Awards Custody Contract to J.P. Morgan

J.P. Morgan’s Worldwide Securities Services (WSS) business today announced it has been appointed by the Royal Borough of Windsor and Maidenhead to provide global custody and related services to the Royal County of Berkshire Pension Fund.

October 19, 2011

Cerberus Appoints J.P. Morgan as Administrator for its Investment Fund

J.P. Morgan Worldwide Securities Services today announced that it has been appointed by Cerberus Capital Management, L.P., one of the world’s leading private investment firms, to provide fund administration and related securities services for its investment funds with aggregate assets of over $23 billion.

October 12, 2011

J.P. Morgan Worldwide Securities Services Names Kirit Bhatia Head of Technical Sales for Asia Excluding Japan

J.P. Morgan Worldwide Securities Services (“WSS”) has named Kirit Bhatia Head of Technical Sales, Asia ex-Japan, as the firm continues to strengthen its client servicing capabilities and further align its business with its clients’ strategic growth plans.

October 11, 2011

J.P. Morgan Announces Successful Transition to Three-Way Trade Confirmation for Tri-Party Repo Clients

J.P. Morgan today announced that its active tri-party repo clients have successfully completed the transition to three-way trade confirmation as mandated by the Tri-Party Repo Market Infrastructure Reform Task Force. By value, 99% of all tri-party repos booked daily through J.P. Morgan are now confirmed by both counterparties.

October 10, 2011

J.P. Morgan Treasury & Securities Services Appoints David Koh to China/Greater China Roles

J.P. Morgan has named veteran transaction and corporate banker David Koh Head of Treasury & Securities Services, China and Head of Treasury Services, Greater China, as the firm continues to deepen its focus on its clients and further execute its aggressive international growth agenda.

October 4, 2011

Tadawul and J.P. Morgan to Support the Development of Investor Relations in the Kingdom of Saudi Arabia

J.P. Morgan and Tadawul, the Saudi Stock Exchange, jointly hosted a training workshop this week to develop investor relations (IR) expertise in Riyadh. 

October 4, 2011

J.P. Morgan to Sponsor Four Additional Vanguard ETFs on the Mexican Stock Exchange

J.P. Morgan announced today that it has been appointed by Vanguard, one of the world’s largest investment management companies, to offer four of its U.S.-registered Exchange Traded Funds (ETFs) on the international segment of the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV).

September 26, 2011

J.P. Morgan Survey Finds Improved Investor Relations and Corporate Governance Standards in Latin America

According to a survey released today by J.P Morgan’s Depositary Receipts (DR) business, institutional investors in North America and Europe believe that investor relations (IR) and corporate governance standards in Latin America have improved, but stress the need for companies to further bolster their efforts as they continue to compete for global capital. 

September 20, 2011

J.P. Morgan Announces Direct Custody and Clearing Expansion

J.P. Morgan’s Worldwide Securities Services (WSS) business today announced plans to expand its Direct Custody and Clearing (DCC) business in Brazil and Russia, two key markets for J.P. Morgan’s sub-custody business.

September 14, 2011

J.P. Morgan Selected by FFCM to Provide Fund Services and Prime Custody for the Launch of its Market-Neutral Equity ETFs

J.P. Morgan announced today that it has been selected by investment management firm FFCM LLC to provide a suite of securities services, including fund administration, fund accounting and custody, along with prime custody services, for its newly launched family of equity ETFs, QuantShares.

September 8, 2011

J.P. Morgan to Sponsor 21 ETFs Advised by First Trust on the Mexican Stock Exchange

J.P. Morgan announced today that it has been appointed to sponsor the listing of twenty-one exchange-traded index funds (“ETFs”) advised by First Trust Advisors L.P. (“First Trust”), an SEC-registered investment advisor, on the international segment of the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV).  The cross-listed ETFs will be listed on the BMV in pesos and trades can be initiated through a local broker.

September 1, 2011

J.P. Morgan Announces Successful Implementation of U.S. Tri-Party Repo Market Reforms

J.P. Morgan today announced the successful achievement of two major tri-party repo milestones:  the implementation of three-way trade matching for US Tri-Party Repo dealers and cash investors on August 29, and the move of the daily unwind to 3:30 p.m. on August 22 in accordance with the previously-mandated Tri-Party Repo Market Infrastructure Reform Task Force deadline.

August 17, 2011

J.P. Morgan Selected by Federal Home Loan Bank of Chicago to Provide Custody Services

J.P. Morgan Worldwide Securities Services announced today that it has been selected by Federal Home Loan Bank of Chicago (FHLB Chicago) to provide custody services for FHLB Chicago’s own investment portfolio and for assets FHLB Chicago holds for its member financial institutions.

August 15, 2011

J.P. Morgan Enhances More than 2,100 Global Custody Trade Instruction Deadlines

J.P. Morgan Worldwide Securities Services today announced significant enhancements to trade instruction deadlines for global custody clients.

August 11, 2011

J.P. Morgan Awarded Fourth Transition Management Honors

J.P. Morgan’s Worldwide Securities Services business has won best Transition Management firm of the year at the European Pensions 2011 awards ceremony, the business’s fourth award for transition management this year.

August 8, 2011

J.P. Morgan and Biman in USD 277 Million Financing Deal for Purchase of Two Aircraft

J.P. Morgan announced today that it has provided a USD 277 million financing facility to Biman Bangladesh Airlines Limited ("Biman") to support the airline’s long-term, strategic expansion plan.

August 4, 2011

J.P. Morgan Announces Financing and Markets Products Group Appointments in Australia, New Zealand and Japan

J.P. Morgan Treasury & Securities Services (“TSS”) has appointed Stewart Cowan as head of Financing and Market Products (“FMP”) Australia, New Zealand and Japan, and Michael Wynn to the Australian transition management sales desk as the firm deepens its focus on key high growth sectors in Asia Pacific.

July 21, 2011

J.P. Morgan Selected by AQR Capital Management to Provide Prime Custody Services and Fund Administration for Its New Mutual Fund Launch - AQR Multi-Strategy Alternative Fund

J.P. Morgan announced today that it has been selected by investment management firm AQR Capital Management, LLC (AQR), adviser to the AQR Funds, to provide prime custody and fund administration to its newly launched mutual fund – the AQR Multi-Strategy Alternative Fund. As described by AQR, the Fund seeks exposure to the following sub-strategies: Convertible Arbitrage, Event Driven (including Merger Arbitrage), Fixed Income Relative Value, Equity Market Neutral, Long/Short Equity, Dedicated Short Bias, Global Macro, Managed Futures and Emerging Markets.

July 21, 2011

J.P. Morgan Completes Successful Transition for APG's Emerging Market Assets

J.P. Morgan's Worldwide Securities Services business today announced the successful transition of $12.5 billion in emerging market assets for APG, the Dutch pension administrator and asset manager, in one of the biggest transitions of its kind.

July 13, 2011

J.P. Morgan Selected by Precidian Funds to Service First U.S.-Listed Nikkei 225 ETF

J.P. Morgan Worldwide Securities Services (WSS) today announced that it has been appointed by Precidian Funds LLC, a wholly-owned subsidiary of Precidian Investments LLC, to provide fund administration, fund accounting and custody services to its newly launched MAXIS℠ Nikkei 225 Index exchange traded fund (ETF).

June 28, 2011

J.P. Morgan Appointed to Provide Fund Administration Services for Tristan Capital Partners

J.P. Morgan today announced it has been appointed by Tristan Capital Partners, the real estate investment management firm, to provide fund administration and reporting services.

June 27, 2011

J.P. Morgan to Sponsor Five Pimco ETFs on the Mexican Stock Exchange

J.P. Morgan announced today that it has been appointed by PIMCO (Pacific Investment Management Company LLC), a leading global investment management firm, to offer five of its U.S.-registered ETFs on the international segment of the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV).

June 27, 2011

J.P. Morgan Completes Industry's First Two 'Second Generation' Outsourcing Transactions for Asset Managers

Artemis and J.P. Morgan Asset Management have successfully transitioned to J.P. Morgan Worldwide Securities Services’ strategic middle and back office platform

June 24, 2011

J.P. Morgan Named 'Best Hedge Fund Administrator' at Hedgeweek USA Awards 2011

J.P. Morgan Worldwide Securities Services was recently recognized as the "Best Hedge Fund Administrator" at the Hedgeweek USA Awards.

June 22, 2011

J.P. Morgan Appointed Depositary Bank by Catcher Technology for First GDR Listing

J.P. Morgan has been appointed depositary bank by Catcher Technology Co., Ltd. ("Catcher Technology") for the company's USD 220 million Global Depositary Receipt ("GDR") listing, a deal which represented its first ever GDR listing.

June 13, 2011

J.P. Morgan Broadens Global Transfer Agency Relationship with Blackrock

J.P. Morgan and BlackRock are pleased to announce the launch of a Same Day Settlement platform in Asia Pacific.

June 8, 2011

J.P. Morgan Wins U.S. Fund Administrator of the Year and Three Other Awards From ICFA Magazine

J.P. Morgan Worldwide Securities Services was recently honored at International Custody & Fund Administration’s (ICFA)second-annual Americas Service Provider Awards ceremony in four categories: ‘U.S. Fund Administrator of the Year,' ‘Derivatives Valuation Services Provider of the Year,’ 'Private Equity Fund Administrator of the Year,' and ‘Transition Management Provider of the Year.

June 2, 2011

Palmer Square Capital Management Selects J.P. Morgan to Provide Prime Custody Solutions for its First Mutual Fund – Palmer Square Absolute Return Fund (PSQAX and PSQIX)

J.P. Morgan announced today that it has been selected by investment management firm Palmer Square Capital Management, a manager of hedge fund-of-funds partnerships and customized alternative investments, to provide Prime Custody Solutions for their recently launched Absolute Return Fund. This fund is Palmer Square’s first open-ended mutual fund, a fund that, according to Palmer Square, seeks capital appreciation with an emphasis on absolute (positive) returns and low correlation to the broader equity and bond markets.

June 2, 2011

J.P. Morgan Wins Top Technology Awards for Securities Services

J.P. Morgan’s Worldwide Securities Services business has been awarded the top technology award, as well as the Innovation in Custody and Securities Services award for the second year running, at The Banker Innovation in Banking Technology Awards 2011.

June 1, 2011

J.P. Morgan Ranked Top Transition Management Provider

J.P. Morgan Worldwide Securities Services today announced it has been ranked top global transition management provider in the un-weighted scores of the 2011 Global Investor Transition Management Survey. In addition, J.P. Morgan was recognised by Global Pensions, a leading industry publication, as “Best Transition Management Manager of the Year” at the Global Pensions Awards 2011.

May 31, 2011

J.P. Morgan Appoints Dinkar Jetley as CEO of Worldwide Securities Services, Conrad Kozak Named Vice Chairman

J.P. Morgan today announced the appointment of Dinkar Jetley to the position of CEO of its Worldwide Securities Services (WSS) business, one of the leading securities services franchises in the world.  Jetley will report to Mike Cavanagh, CEO of J.P. Morgan Treasury & Securities Services (TSS), and will be a member of the J.P. Morgan Chase and TSS Executive Committees.  He joins J.P. Morgan on June 16 and will be based in New York.

May 26, 2011

J.P. Morgan Settles Successful Securities Lending Transaction in Brazil

J.P. Morgan Worldwide Securities Services (WSS) today announced that it has successfully executed and settled a securities lending transaction in the Brazilian market. In doing so, J.P. Morgan is the first non- domestic agent lender to complete a loan transaction in Brazil.

May 18, 2011

J.P. Morgan Worldwide Securities Services Announces Senior Appointments to EMEA Markets Management Group

J.P. Morgan Worldwide Securities Services (WSS) today announced that it has hired Brian Coughlin as its new Asset Managers and Insurance Companies (AMIC) Market Manager. Ann Doherty has been appointed Market Manager for WSS’ EMEA Based Complex Global Accounts.

May 11, 2011

J.P. Morgan and Bahrain Bourse to Support the Development of Investor Relations in the Kingdom of Bahrain

J.P. Morgan and Bahrain Bourse today announced that they will jointly host a series of educational seminars to enhance investor relations expertise in the Kingdom of Bahrain.

May 4, 2011

J.P. Morgan Named Top Custodian and Fund Administrator in Luxembourg and Breaks $500 Billion Barrier in Assets Under Custody

J.P. Morgan Bank Luxembourg S.A. announced that it has been named largest custodian and fund administrator, according to Lipper’s 17th Annual Luxembourg Fund Encyclopaedia.

May 4, 2011

J.P. Morgan Launches J.P. Morgan CARSSM – Cash Allocation and Rebalancing Solution – Supporting Target Date Funds

J.P. Morgan Worldwide Securities Services today announced the launch of J.P. Morgan CARSSM, a new and market-leading automated platform for daily cash allocation and rebalancing of target date funds – both custom and open architecture - and other complex fund of fund structures.  Because any investment product or pool is supported, the platform enables pension sponsors, investment managers and consultants to design and implement highly customized solutions with flexibility, efficiency and control.

April 21, 2011

J.P. Morgan Announces Trade Matching Functionality for the U.S. Tri Party Repo Market

J.P. Morgan Worldwide Securities Services announced today the launch of its Repo Trade Matching Engine.  This new functionality will enhance the operating model of the U.S. Tri-Party Repo market, in support of the May 2010 recommendations of the Tri-Party Repo Infrastructure Task Force sponsored by the Federal Reserve Bank of New York’s private sector Payments Risk Committee.

April 14, 2011

J.P. Morgan Named Depositary Bank by SBI Holdings, Inc. in Hong Kong's first HDR Listings by Asian Company

J.P. Morgan has been named depositary bank for SBI Holdings, Inc.’s (“SBI”) Hong Kong Depositary Receipt (“HDR”) listing on the Stock Exchange of Hong Kong today, with the Japanese financial group marking a significant milestone as the first Asian company to execute an HDR listing.

April 14, 2011

J.P. Morgan Marks Anniversary Milestone for Pensions Client Blog

J.P. Morgan’s Worldwide Securities Services business today marked the first anniversary of its interactive blog dedicated to the pensions industry.  The blog provides clients and market participants in the corporate and public sector pensions’ arena with an interactive platform for analysis, discussion and comment on market trends and challenges affecting the sector.

April 13, 2011

J.P. Morgan Caps Strong 2010 With The Asset's Marquee 'Best Securities & Fund Services Provider' Award

J.P. Morgan Treasury & Securities Services (“TSS”) has capped a strong 2010 with a slew of year end awards recognizing the firm’s commitment to its clients and its leadership position across the Asia Pacific region.

April 12, 2011

J.P. Morgan Selected by FocusShares To Service 15 New Morningstar ETFs

J.P. Morgan Worldwide Securities Services (WSS) today announced that it has been appointed by FocusShares, LLC, a registered investment advisor (RIA), exchange-traded fund (ETF) sponsor and affiliate of online investing firm Scottrade, Inc., to service its 15 new FocusTM Morningstar ETFs.

April 8, 2011

J.P. Morgan Expands Worldwide Securities Services Presence in Benelux by Appointing Rene Wiegel as Head of Business Development

J.P. Morgan Worldwide Securities Services today announced the appointment of Rene Wiegel as Managing Director, Head of Business Development for Benelux, effective immediately.

April 6, 2011

J.P. Morgan Ranked Top Large Securities Lending Provider

J.P. Morgan’s Worldwide Securities Services business was ranked the top securities lending provider among the large global securities lending providers in the 2011 Global Custodian Securities Lending Survey.  J.P. Morgan was the only large global securities lending agent to have ratings above average in all three regions covered by the survey (North America, Europe, Asia-Pacific).

April 5, 2011

J.P. Morgan Selected by Maine Public Employees Retirement System as New Global Custodian and Securities Lending Provider

J.P. Morgan Worldwide Securities Services, a leading provider of global custody and fund services, today announced that it has been selected by the Maine Public Employees Retirement System (MainePERS) to provide custody and securities services for the State’s $10.5 billion in assets.

March 31, 2011

J.P. Morgan Named Depositary Bank for Farglory Land Development Co., Ltd.'s Landmark GDR Listing

J.P. Morgan has been appointed depositary bank for Farglory Land Development Co., Ltd.’s (“Farglory”) landmark Global Depositary Receipt (“GDR”) listing on the London Stock Exchange’s Professional Securities Market.

March 25, 2011

J.P. Morgan Hosts Conference on the Changing Landscape of Securities Financing and Collateral Management

J.P. Morgan this month hosted its sixth annual Securities Financing and Collateral Management Conference exploring the current developments and the impact of regulatory change on securities and derivatives collateral management. The event, in London, followed the European Repo Council’s Annual General Meeting, which J.P. Morgan also hosted.

March 22, 2011

J.P. Morgan to Sponsor 17 Invesco PowerShares' ETFs on the Mexican Stock Exchange

J.P. Morgan announced today that it has been appointed by Invesco PowerShares Capital Management LLC (“PowerShares”), a leading provider of exchange-traded funds, to offer 17 of its U.S.-registered ETFs on the international segment of the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV).

March 1, 2011

J.P. Morgan Broadens Global Transfer Agency Relationship with Blackrock

J.P. Morgan has partnered with leading global asset manager BlackRock to provide transfer agency services in Asia Pacific, enhancing the investment management firm’s services that it offers to its clients and supporting the company’s growth plans across the region.

February 23, 2011

iSoftStone Selects J.P. Morgan as Depositary Bank

Leading China-based information technology firm, iSoftStone Holdings Limited (“iSoftStone”), has selected J.P. Morgan as depositary bank in conjunction with its recent USD 161.96 million initial public offering.

February 23, 2011

Asia Pacific Depositary Receipt Capital Raising Activity to Grow Steadily in 2011 as Global Recovery Continues

J.P. Morgan expects to see continued growth in depositary receipt (“DR”) capital raising activities across Asia Pacific, according to its ‘Asia Pacific Year in Review 2010’ DR report issued today.

February 22, 2011

J.P. Morgan Establishes Local Office in Doha

J.P. Morgan announced today the establishment of a new office in Doha, Qatar, further enhancing the reach and capabilities of its successful franchise in the Middle East.

February 21, 2011

J.P. Morgan Wins City Super Mandate

City Super, the superannuation fund for current and former employees of Brisbane City Council, has appointed J.P. Morgan Treasury & Securities Services (TSS) as custodian and administration provider.

February 10, 2011

J.P. Morgan Appointed Depositary Bank by Ossen Innovation

J.P. Morgan has today announced it has been appointed depositary bank by Ossen Innovation Co., Ltd. (“Ossen”), a China-based manufacturer and distributor of infrastructure construction materials.

February 7, 2011

J.P. Morgan Collateral Management Offers Automated Use of Gold

J.P. Morgan today announced it is the only tri-party collateral manager to accept physical gold as collateral to satisfy securities lending and repo obligations with counterparties. This comes as more clients look to use gold as a hedge against inflation and to post as collateral. 

January 14, 2011

J.P. Morgan Launches Treasury, Money Market and Foreign Exchange Operations in Saudi Arabia

J.P. Morgan, a leading provider of Treasury and Securities Services in Saudi Arabia, today launched treasury, money market and FX operations in the Kingdom.  In this first part of its expansion plans in Saudi Arabia, J.P. Morgan will become a local market counterparty and support clients with local booking and processing from operations in Riyadh.

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