JPMorgan expands corporate banking business to Greece 


LONDON, Sept 9 (Reuters) – ​JPMorgan has ⁠expanded
its corporate ​banking business to Greece, the U.S. ​bank ‌said on
Wednesday, as part of ⁠a broader plan to ⁠grow its services ​for
companies across Europe.

JPMorgan has increased staff in its global corporate banking
division ​by ‌25% across Europe, the Middle East and Africa in the
last two years, and ​said the latest move reflected ‌recent growth
in the Greek economy.

* Konstantinos Makrydakis will ‌lead the corporate banking
business in Greece, serving large and medium-sized companies,
the ​bank said.

* The bank will offer its ‌array of financing, lending and
hedging products as well as target ⁠investment ⁠banking deals in
the country.

* ‌JPMorgan is seeking to claim market ​share ​from regional
and domestic rivals ‌in the region, Reuters reported in July.

Corporate News Market News Banking JPMorgan Chase



Source link

Add Comment