From startups to legacy brands, you're making your mark. We're here to help.
Key Links
Prepare for future growth with customized loan services, succession planning and capital for business equipment.
Key Links
Institutional Investing
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.
Key Links
Providing investment banking solutions, including mergers and acquisitions, capital raising and risk management, for a broad range of corporations, institutions and governments.
Key Links
A uniquely elevated private banking experience shaped around you.
Whether you want to invest on your own or work with an advisor to design a personalized investment strategy, we have opportunities for every investor.
Explore a variety of insights.
Key Links
Insights by Topic
Explore a variety of insights organized by different topics.
Key Links
Insights by Type
Explore a variety of insights organized by different types of content and media.
Key Links
We aim to be the most respected financial services firm in the world, serving corporations and individuals in more than 100 countries.
Key Links
Umicore is a global materials technology and recycling group. The company’s industrial and commercial operations, as well as research and development activities, are located across the world to best serve its global customer base.
Umicore’s treasury team recognized that its decentralized treasury processes were hampering the company’s ability to maximize its liquidity and best support global operations. To improve its overall cash management efficiency, the Umicore treasury team wanted to further centralize its cash globally, ultimately into a single location and achieve enhanced visibility and control.
To address this situation, Umicore’s team launched a global cash management RFP in 2017. In addition, the company’s treasury team looked to rationalize its banking relationships around the globe and eliminate redundant and unnecessary accounts in order to drive efficiency.
Following the RFP process, Umicore selected J.P. Morgan to manage all the USD flows of the Umicore group (the “Group”) globally and to implement a USD cash concentration offshore.
This unique solution allowed Umicore to achieve its objectives of control, visibility and automation - bringing a lot of efficiencies into their cash management and liquidity centralization processes.
With this solution, all USD accounts of Umicore entities (starting with European entities, as well as North and South American entities) were opened in a central location, at J.P. Morgan Chase Bank, N.A., New York Branch. This solution ensures an optimized processing of the USD transactions, as well as efficient centralization, since the cash can be easily concentrated with same day value and on an end of day basis.
The Umicore affiliated entities incorporated in Asia will be added to the structure in a later stage, allowing Umicore to ultimately set up a truly global cash concentration structure in USD. The cash will thus ultimately be centralized at Umicore HQ level, ensuring an efficient use and redeployment of this cash within the Group globally.
Just a few months after the implementation of the first phase, Umicore has already seen clear benefits in terms of cash management optimization, leveraging J.P. Morgan’s leadership in the USD clearing and liquidity space.
Umicore’s liquidity solution is truly global and scalable and thanks to the unique platforms and connectivity used for implementation, can be adapted further to meet the company’s evolving needs.
J.P. Morgan is the marketing name for the Treasury Services business of JPMorgan Chase Bank, N.A. and its affiliates worldwide.
JPMorgan Chase Bank, N.A. Member FDIC.
The products and services described in this document are offered by JPMorgan Chase Bank, N.A. or its affiliates subject to applicable laws and regulations and service terms. Not all products and services are available in all locations. Eligibility for particular products and services will be determined by JPMorgan Chase Bank, N.A. or its affiliates. You should examine the specific restrictions and limitations of local law that may be applicable to your company when using the products and service described in this material.
J.P. Morgan AG is authorised and supervised by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin).
J.P. Morgan Bank Luxembourg S.A. European Bank and Business Centre, 6 route de Treves, L-2633, Senningerberg, Luxembourg R.C.S Luxembourg B10.958 - SWIFT BIC CHASLULX - VAT Number 19732200242
J.P. Morgan Bank Luxembourg S.A. is regulated by the Commission de Surveillance du Secteur Financier (CSSF) and is jointly supervised by the European Central Bank (ECB) and the CSSF. J.P. Morgan Bank Luxembourg S.A. is authorized as a credit institution in accordance with the Law of 5th April 1993
JPMorgan Chase Bank N.A. at its London Branch is authorised by the Office of the Comptroller of the Currency in the jurisdiction of the U.S.A. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request (Firm Reference Number: 124491).
Treasury
5 tips to drive growth through liquidity management
May 03, 2024
Effective liquidity management is crucial for midsize businesses to stay agile and seize growth opportunities. Discover five strategies to optimize your liquidity and drive long-term success.
Treasury
How you can maximize liquidity in uncertain times
May 03, 2024
As business models evolve to respond to market volatility, having a refined focus on liquidity strategy has become a critical priority.
Treasury
Treasury risk management: preparing for the unexpected
Apr 26, 2024
Unexpected events don't have to wreak havoc on your financial operation if you have a strong emergency plan in place.
Treasury
4 steps to secure your treasury operations from cyberattacks
Apr 24, 2024
Recent cyberattacks reinforce the need for strong cybersecurity policies and business resiliency plans, especially treasury operations.
Payments
J.P. Morgan at Nacha Smarter Faster Payments 2024
Apr 22, 2024
Every payment is an opportunity for growth, optimization and innovation. Join us for Nacha Smarter Faster Payments 2024 where we will speak in a number of sessions around several key topics including fraud mitigation, the power of AI and data in payments and more.
Treasury
5 tips to drive growth through liquidity management
May 03, 2024
Effective liquidity management is crucial for midsize businesses to stay agile and seize growth opportunities. Discover five strategies to optimize your liquidity and drive long-term success.
Treasury
How you can maximize liquidity in uncertain times
May 03, 2024
As business models evolve to respond to market volatility, having a refined focus on liquidity strategy has become a critical priority.
Treasury
Treasury risk management: preparing for the unexpected
Apr 26, 2024
Unexpected events don't have to wreak havoc on your financial operation if you have a strong emergency plan in place.
Treasury
4 steps to secure your treasury operations from cyberattacks
Apr 24, 2024
Recent cyberattacks reinforce the need for strong cybersecurity policies and business resiliency plans, especially treasury operations.
Treasury
How the components of an in-house bank can benefit organizations of all sizes
Nov 06, 2023
An in-house bank can be a formidable tool to help organizations optimize working capital. Treasurers for organizations of all sizes can benefit from adopting some of the fundamentals of the in-house banking model.
You're now leaving J.P. Morgan
J.P. Morgan’s website and/or mobile terms, privacy and security policies don’t apply to the site or app you're about to visit. Please review its terms, privacy and security policies to see how they apply to you. J.P. Morgan isn’t responsible for (and doesn’t provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the J.P. Morgan name.