Search
 
News

JPMorgan Making Midsize Banking Push Abroad

The company is said to be looking to expand its treasury and advisory services for midsize businesses in markets that have traditionally been dominated by local financial institutions.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

JPMorgan Chase & Co. is seeking to do more business with midsize companies abroad, expanding in a market that’s traditionally dominated by local banks, according to people briefed on the matter.

The company is planning to hire bankers in Mexico, France, Spain, and the U.K. to build out teams for its commercial bank, which has typically focused on U.S. companies, said one of the people, who asked not to be identified because the plans are private. The goal is to deepen relationships with non-U.S. companies in their home cities and help them expand globally, the people said.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Meg Waters

Meg Waters

Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.

More from this author

Dig Deeper

Trending Stories

 

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.