Nordea Asset Management In Luxembourg Awards Consolidated Global Custody Mandate To JPMorgan Worldwide Securities Services
London, 12 July 2006 – JPMorgan Worldwide Securities Services (WSS) today announced that Nordea Bank S.A. in Luxembourg, a division of the Nordic region’s largest financial services group, has consolidated global custody for $28 billion of the group’s international fund and private client assets with JPMorgan WSS.
Conrad Kozak, Securities Company Executive at JPMorgan WSS said, “This extension of the services we already provide for Nordea Luxembourg is a testament to the business we have built in Luxembourg, which was the first to reach $250 billion of assets under custody”.
For more information about JPMorgan Worldwide Securities Services, please visit www.jpmorgan.com/wss
About JPMorgan Worldwide Securities Services
JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A., is the global industry leader with $11.7 trillion in assets under custody. JPMorgan provides innovative securities services as well as clearance and trust services to the world’s largest institutional investors and debt and equity issuers. For more information, please visit www.jpmorgan.com/wss.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.3 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at www.jpmorganchase.com.
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