J.P. Morgan Japan wins key industry awards
May 17, 2011
J.P. Morgan was named the best foreign investment bank in Japan by FinanceAsia magazine for the fourth year in a row. Japan Treasury Services also received the ‘Best Cash Management House’ award from FinanceAsia for the fourth consecutive year, and The Asset magazine’s ‘Best Transaction Bank’ and ‘Best Cash Management Bank’ awards for the third year in a row.
In extending the awards to the firm, FinanceAsia said that “J.P. Morgan remains the top U.S. dollar clearer in Japan with a 38% market share. It is also one of the largest payments processors in the world and is a leading provider of FX services in the market. Additionally, it also has significant relationships with most Japanese banks including the megabanks for advanced cash management services.”
In addition to the house awards, FinanceAsia awarded J.P. Morgan Japan two best deal awards, including ‘Best Secondary Equity Offering,’ and ‘Best International Bond.’
Japan research also achieved outstanding results with analyst rankings. Institutional Investor magazine awarded Hajime Kitano, chief equity strategist, the top ranking for ‘2011 All-Japan Research Team.’
The following J.P. Morgan analysts also received recognition: Masayuki Onozuka was ranked number two in Health Care & Pharmaceuticals, and Natsumu Tsujino was ranked number two in the Insurance sector. Runner-up positions were awarded to Hisashi Moriyama in Electronics/Precision Instruments, Yoshiharu Izumi in Industrial Electronics, and Katsuhito Sasajima in Banks.