J.P. Morgan Chase & Co. (NYSE:JPM) has decided to expand its banking operation in Asia. J.P. Morgan Chase & Co. (NYSE:JPM) Booming In Asia To increase its market share in Asia, New York based investment and banking giant J.P. Morgan Chase & Co. (NYSE:JPM) is improving its global corporate bank in the region with new hires. As a part of this move, the company has created a new position of chief executive, for Asia-Pacific treasury & securities services and appointed Thomas DuCharme from Deutsche Bank to this new role last year. Michael Cavanagh, JPMorgan Chase & Co. (NYSE:JPM) chief executive, treasury & securities services said, "The idea is to go deeper and broader into Asia, serving its existing US clients which are doing more business in this part of the world and also helping Asian corporates that are going international." JP Morgan Chase & Co. (NYSE:JPM) stocks are currently standing at 45.52. Price History Last Price: 45.52 52 Week Low / High: 35.16 / 48.36 50 Day Moving Average: 44.94 6 Month Price Change %: 16.2% 12 Month Price Change %: 8.6%
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Monday, March 7, 2011
J.P. Morgan Chase & Co. (NYSE:JPM) Booming In Asia
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