J.P. Morgan enhances treasury offerings in India

The bank expands its cash management buffet in India by adding escrow services.

Enhancement seems to be J.P. Morgan's middle name in India where the bank is launching escrow services just six months after it last upgraded its treasury services offering.

Escrow structures provide increased protection around the monitoring of cash balances and investments and help de-risk complex business transactions, including mergers and acquisitions, regulatory payments and capital raisings, by having a third party -- in this case J.P. Morgan -- hold the payees' balance until the transaction closes. The addition of this...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES