J.P. Morgan opens new office in the heart of Singapore’s Central Business District
More than one third of the firm’s employees in Singapore will be based at the new workplace, which boasts next-generation facilities and sustainable infrastructure.
Singapore, June 8, 2022 – J.P. Morgan today announced the official opening of its new city office at CapitaSpring, the integrated development located in the center of Singapore’s financial district.
Chairman and CEO of JPMorgan Chase, Jamie Dimon, officiated the launch ceremony alongside the guest-of-honor, Singapore Senior Minister and Coordinating Minister for Social Policies, and Chairman of the Monetary Authority of Singapore Tharman Shanmugaratnam, and J.P. Morgan’s Asia Pacific CEO Filippo Gori.
The new office, which occupies 155,000 square feet across seven floors, features advanced facilities such as real-time air quality sensors and automated sun screens, as well as enhanced amenities including a contemporary client center, high-tech collaborative spaces, mini markets and wellness areas equipped with ergonomic resting pods. In line with J.P. Morgan’s commitment to maintaining carbon neutral operations, the building is a recipient of the Building and Construction Authority (BCA) Green Mark Platinum Award – one of the highest sustainability accolades that can be achieved in Singapore.
Aside from CapitaSpring, J.P. Morgan Singapore also operates from its Singapore Corporate Center, a global technology hub located in Changi.
View video of the office here
Jamie Dimon, Chairman and CEO of JPMorgan Chase, said: “Singapore is a key financial and technology hub for J.P. Morgan and an integral part of our growth story in Asia Pacific. Our move to this state-of-the-art workplace reiterates the firm’s commitment to this critical market and provides the opportunity to further secure our long-term growth and future in the country. The new office’s exceptional infrastructure and facilities will enable us to continue meeting the needs of our clients while providing our employees with a best-in-class working environment.”
Tharman Shanmugaratnam, Singapore Senior Minister and Coordinating Minister for Social Policies, and Chairman of the Monetary Authority of Singapore, said: “Singapore’s growth as a financial center has relied critically on the roles played by leading financial institutions like J.P. Morgan, which have over the years grown our capabilities and a whole ecosystem. J.P. Morgan’s work at the forefront of sustainability and technology in finance has been very much aligned with our goal of meeting Asia’s needs in a new area of growth, and we look forward to deepening our collaboration as we meet this larger purpose.”
Edmund Lee, Senior Country Officer of J.P. Morgan Singapore, said: “Our new office is built on the pillars of wellness, sustainability and collaboration. From the building selection to the use of innovation and technology, every decision made regarding its design and construction prioritizes the needs of our employees, as well as how the workplace environment will continue to evolve in the future. We are excited to embark on our next chapter of growth in this critical market.”
J.P. Morgan in Singapore
Established in 1964, the Singapore office is J.P. Morgan’s headquarters for Southeast Asia as well as the firm’s Asia Pacific hub for FX and commodities, offering a full suite of services including corporate and investment banking, commercial banking, asset management and private banking. The market is also a global technology hub for the firm; its Singapore Corporate Center in Changi houses one of four Global Incident Command Centers that monitors and resolves technology issues for clients, and operates one of three global Cybersecurity Operations Centers in the world that provides 24-hour defense from day-to-day cyber threats for the firm.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $4.0 trillion in assets and $285.9 billion in stockholders’ equity as of March 31, 2022. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.