JPMorgan Chase & Co. (JPM) Financial News - JPMorgan Said to Move Global Agriculture Head to Singapore for Asia Focus
JPMorgan Chase & Co. (JPM)
JPMorgan Said to Move Global Agriculture Head to Singapore for Asia Focus
JPMorgan Chase & Co. (JPM)SingaporeAsia,
according to two people with direct knowledge of the matter.
Shropshire will also have an Asia-Pacific role overseeing
commodity structuring and sales, said the people, who declined
to be identified as the information isnâ€™t public. Last year, the
bank moved Ray Eyles from London to Singapore to become chief
executive for Asia-Pacific commodities.
After 10 years at JPMorgan, Shropshire joined Standard
Chartered Plc in Singapore in 2004 and became global head of
commodity derivatives. He returned to JPMorgan in 2006 and moved
to London in 2009 where he spent two years as global head of
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JPMorgan Chase & Co., a financial holding company, provides a range of financial services worldwide. It operates in six segments: Investment Bank, Commercial Banking, Treasury & Securities Services, Asset Management, Retail Financial Services, and Card Services. Investment Bank segment provides investment banking products and services, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market-making in cash securities and derivative instruments, and prime brokerage and research. It serves corporations, financial institutions, governments, and institutional investors. Retail Financial Services segment offers regional banking, mortgage banking, and auto finance services that include checking and savings accounts, mortgages, home equity and business loans, and investments through bank branches, ATMs, online banking, and telephone banking. Card Services segment issues credit cards and processes MasterCard and Visa payments. Commercial Banking segment provides lending, treasury services, investment banking, and asset management services to corporations, municipalities, financial institutions, and not-for-profit entities. Treasury and Securities Services segment offers transaction, investment, and information services. It also offers cash management, trade, wholesale card, and liquidity products and services to small and mid-sized companies, multinational corporations, financial institutions, and government entities. Asset Management segment provides investment and wealth management services to institutions, retail investors, and high-net-worth individuals. It also offers global investment management in equities, fixed income, real estate, hedge funds, private equity, and liquidity, including money market instruments and bank deposits; provides trust and estate, banking, and brokerage services; and retirement services. JPMorgan Chase & Co. was founded in 1823 and is headquartered in New York, New York.