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JP Morgan Chase opens office in Hyderabad

JP Morgan Chase, India, on Wednesday announced the inauguration of a new office for its Global Service Centre in Hyderabad.

The facility was inaugurated by Ms Kalpana Morparia, Chief Executive Officer, JP Morgan Chase, India. The global banking and financial services company has operations in several cities in India including Mumbai and Bangalore.

Ms Kalpana Morparia said, "Hyderabad is a highly attractive location for multinational companies. The new hub allows us to expand our operational capabilities and perform more efficiently."

Its operations in India span investment banking, private equity, asset management and treasury and securities services. Globally it has assets of $2.1 trillion and operations in more than 60 countries. Source: Business Line 13/1/11