JPMORGAN CHASE INDIA INAUGURATES NEW OFFICE IN HYDERABAD

"Hyderabad is a highly attractive location for multinational companies: Chief Executive Officer, JPMorgan Chase, India

Hyderabad|India|January'2011: JPMorgan Chase , India , announced the inauguration of a new office for its Global Service Center in Hyderabad . The facility was inaugurated by Kalpana Morparia, Chief Executive Officer, JPMorgan Chase , India . JPMorgan Chase which is among the world's largest banking and financial services organizations, has operations in several cities in India including Mumbai and Bangalore .

Located in Cyberabad in the heart of Hyderabad 's prime business district, the new facility will be a cutting edge technology & operations hub for the firm. Speaking on the occasion, 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." she said.

Building on a presence that dates back almost 70 years in India , JPMorgan Chase is a leading financial services firm with global expertise and reach. Its operations in India span Investment Banking, Private Equity, Asset Management and Treasury and Securities Services. J.P. Morgan offers clients an integrated range of services which combine specialist local knowledge with leadership positions across these lines of business. Additionally, J.P. Morgan operates a Global Service Center in India which is rapidly expanding in scope and size.

About the firm: JPMorgan Chase & Co. (NYSE: JPM ) is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands