We no longer support this browser. Using a supported browser will provide a better experience.

Please update your browser.

Close browser message

As a global leader, we deliver strategic advice and solutions, including capital raising, risk management, and trade finance services to corporations, institutions and governments.

Learn more about our solutions:

  

Serving the world's largest corporate clients and institutional investors, we support the entire investment cycle with market-leading research, analytics, execution and investor services.

Learn more about our solutions:

  

We are a leader in investment management, dedicating to creating a strategic advantage for institutions by connecting clients with J.P. Morgan investment professionals globally.

Learn more about our solutions:

    

Our financial advisors create solutions addressing strategic investment approaches, professional portfolio management and a broad range of wealth management services.

Learn more about our solutions:

    

Leverages cutting-edge technologies and innovative tools to bring clients industry-leading analysis and investment advice.

Learn more:

    

The latest news and announcements.

Learn more:

    

For company information and brand assets for editorial use.

Learn more:

    

The latest news and announcements.

Learn more:

    

In a fast-moving and increasingly complex global economy, our success depends on how faithfully we adhere to our core principles: delivering exceptional client service; acting with integrity and responsibility; and supporting the growth of our employees.

Learn more:

    

J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. As announced in early 2018, JPMorgan Chase will deploy $1.75 billion in philanthropic capital around the world by 2023. We also lead volunteer service activities for employees in local communities by utilizing our many resources, including those that stem from access to capital, economies of scale, global reach and expertise.

Learn more:

    

With over 50,000 technologists across 21 Global Technology Centers, globally, we design, build and deploy technology that enable solutions that are transforming the financial services industry and beyond.

Learn more:

    

Technology Banner

For general inquiries regarding JPMorgan Chase & Co. or other lines of business, please call +1 212 270 6000.

Learn more:

      

For general inquiries regarding JPMorgan Chase & Co. or other lines of business, please call +1 212 270 6000.

Learn more:

      

Oct 03, 2019

JPM Abstract Logo
 

J.P. Morgan Executes First Bilateral SOFR Loan

J.P. Morgan executed its first bilateral SOFR-linked loan with leading Brazilian bank Itau BBA.

October 4, 2019

The loan’s interest rate referenced the Secured Overnight Financing Rate (SOFR), a new USD-based benchmark that is published by the Federal Reserve Bank of New York and is based on transaction data from the repo market. This new loan transaction is a concrete step towards developing a SOFR loan market – a key component to foster the growth and viability of SOFR as a new financial market benchmark.

J.P. Morgan is providing leadership by actively issuing SOFR-linked debt, making markets in SOFR instruments, educating clients and mobilizing hundreds of staff across the globe to prepare for this landmark transition to alternative reference rates.

Please visit our Leaving LIBOR page for more information on the transition away from LIBOR.

© 2019 JPMorgan Chase & Co. All rights reserved. J.P. Morgan is a marketing name for investment banking businesses of JPMorgan Chase & Co. and its subsidiaries and affiliates worldwide. Bank products and services, including certain lending, derivative and other commercial banking activities, are offered by JPMorgan Chase Bank N.A. (JPMCB), including through its authorized branches and other global affiliates registered with local authorities as appropriate. Securities products and services, including execution services, are offered in the United States and in other jurisdictions worldwide by J.P. Morgan Securities LLC (JPMS LLC), in EMEA by J.P. Morgan Securities plc (JPMS plc), J.P. Morgan AG (JPM AG), J.P. Morgan Dublin plc (JPMD) and by other appropriately licensed global affiliates. JPMCB, JPMS LLC and JPMS plc are principal subsidiaries of JPMorgan Chase & Co. For information on which legal entities offer investment banking products and services in each jurisdiction, please consult: www.jpmorgan.com/ib-legal-entities. For important Singapore disclosures, please consult:https://www.jpmorgan.com/country/GB/EN/disclosures/apac-legal-entity-information#Singapore. For important disclosures in respect of securities transactions, please consult:www.jpmorgan.com/securities-transactions and in respect of over-the-counter equity derivatives transactions, please consult:www.jpmorgan.com/otc-equity-derivative-transactions.

Changes to Interbank Offered Rates (IBORs) and other benchmark rates: Certain interest rate benchmarks are, or may in the future become, subject to ongoing international, national and other regulatory guidance, reform and proposals for reform.  For more information, please consult:https://www.jpmorgan.com/global/disclosures/interbank_offered_rates

For additional regulatory disclosures, please consult:www.jpmorgan.com/disclosures.