J.P. Morgan targets India for cash management

The bank pushes cash management and trade finance services in India, despite concerns about the country's resilience to a global economic slowdown.

J.P. Morgan says it plans to capitalise on a growing need for electronic services in India, a country that has historically been paper intensive.

The move forms part of a global $1 billion-plus investment plan by the bank to strengthen its cash management and treasury liquidity capabilities, invest in technology solutions and expand its global footprint.

J.P. Morgan's investments in India are being boosted despite a growing concern that the global financial crisis will significantly reduce the country's economic growth....

To continue reading, please login or register for free

Click for more on: jp morgan

Print Edition

FinanceAsia Print Edition


  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...