Our Businesses in the Philippines
In the Philippines, J.P. Morgan operates across the following lines of business and is rapidly expanding its Manila office:
J.P. Morgan's Investment Bank delivers a global platform of integrated financial products spanning M&A advisory, capital markets, prime brokerage, restructuring, risk and research. The firm provides comprehensive strategic advice, capital raising and risk management expertise to a broad range of issuer clients, including top corporations and financial institutions as well as the Philippine government and its agencies.
J.P. Morgan is a trusted financial advisor and has provided its in-depth expertise to a wide range of strategic mergers and acquisitions, restructurings and reorganizations. The firm is among the top arrangers of equity and debt capital in the Philippines and has led landmark equity initial public offerings, equity follow-on offerings, bond offerings and loan syndications.
J.P. Morgan is also a leader in the local equity brokerage, foreign exchange, fixed income and derivatives markets and is a top distributor and trader of equity securities, government securities, swaps and foreign exchange.
Treasury Services *
J.P. Morgan satisfies cash management needs of clients operating in the Philippines by offering reliable and innovative payables and receivables management services, liquidity and investment management, and trade services.
Payables and receivables management services include over-the-counter cash and checks, high- and low-value electronic payments and receipts, book transfers to other accounts held at J.P. Morgan, check payments and collections, foreign currency payments and foreign exchange transactions.
J.P. Morgan Investor Services (IS) safe keeps, values, clears and services securities and portfolios for investors and broker/dealers. The business is a global leader in providing innovative solutions, helping clients in more than 90 markets optimize efficiency, mitigate risk and enhance revenue through custody and investor services as well as securities clearance and collateral management offerings.
J.P. Morgan offers a comprehensive range of core and specialized investment products above and beyond competitive offerings. IS can tailor solutions specifically to our clients' needs, combining a wide range of products with the market-leading services of a top-tier investment bank.
The firm provides corporate banking services to large corporations, financial institutions and public sector organizations and partners with businesses across J.P. Morgan to meet clients' needs in financing, risk management, working capital, cash management and investments.
In 2005, the bank established the Philippine Global Service Center (GSC) in Manila to provide strategic support to the firm’s various lines of business. The GSC services the clients and customers of these businesses 24 hours a day, 7 days a week around the world. The GSC provides a wide range of support for the operations of Card Services, Retail Financial Services (home lending, auto finance, education finance, telephone banking, business banking), and Treasury and Securities Services. These support services include back-office operations as well as, inbound and outbound calls for the firm’s U.S.-based retail (CHASE) and wholesale (J.P. Morgan) businesses.
The GSC includes functions such as human resources, performance improvement, quality assurance, information technology, accounting, account servicing, collections, operations and operations management, project management, and risk & compliance. The GSC is expected to expand its operations within the country and significantly add to its workforce through 2010.
With an unparalleled reputation, rich heritage and winning culture, JPMorgan Chase & Co.’s Philippine Global Service Center provides genuine career opportunities for dedicated and talented individuals who aspire to be part of this diverse and globally recognized organization. At JPMorgan Chase & Co., employees are provided comprehensive benefits, recognized and rewarded based on their performance, and given the opportunity to share their knowledge and expertise with both colleagues and management.
* These products are only available to corporate clients. They are not for individuals.