JP Morgan

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JP Morgan is part of JPMorgan Chase & Co. 'a leading global financial services firm with assets of $1.5 trillion and operations in more than 50 countries... JPMorgan Chase serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its JPMorgan and Chase brands.'[1]

UK investment banking division

JP Morgan Cazenove became a wholly-owned part of J.P. Morgan in 2010, having originally operated as a joint venture between J.P. Morgan and the UK investment bank Cazenove.

It is the marketing name for the UK investment banking businesses and EMEA cash equities and equity research businesses of JPMorgan Chase & Co. and its subsidiaries. It says it:

offers corporate, institutional and hedge fund clients a full-service Cash Equities platform across Europe, the Middle East and Africa. It provides Cash Equities solutions spanning Sales and Trading, Special Situations, Electronic Client Solutions and Commission Management.[2]

People

  • Ian Hannam - global chairman of equity capital markets who stepped down in April 2012 to concentrate on fighting a £450,000 fine by the Financial Services Authority for market abuse related to passing on inside information to a client. [3] It was announced that Hannan would however remain at JP Morgan until he had completed the £50bn merger between Glencore and Xstrata expected to close by the end of summer 2012.[4]


Lobbyists


Resources

Notes

  1. About us, accessed 27 February 2008
  2. J.P. Morgan Cazenove, accessed 27 February 2008
  3. Brooke Masters, Javier Blas and Ben Fenton in London, Mining banker fined for market abuse, ft.com, 3 April 2012, accessed same day
  4. Helia Ebrahimi, Top JP Morgan banker Ian Hannam resigns over £450,000 fine for market abuse, The Telegraph, 03 Apr 2012, accessed same day