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Investment Bank JP Morgan Opens European Headquarters In Paris

By John F. Heerdink, Jr.

Reportedly, Investment bank JP Morgan (JPM) has opened up its European headquarters in Paris as Brexit has meant the UK is losing its importance as the financial center of the region. The Investment bank to move 140 employees to Paris as part of its European-wide Brexit strategy and aims to have 800 staff in the office by the end of 2022. The ones who have moved to the new premises come from 32 nationalities and work mainly in sales and trading roles.

France’s President Emmanuel Macron inaugurated the building. CEO Jamie Dimon, JP Morgan informed Paris has become the bank’s main trading center in the European Union.

“All European trading, which is stocks, bonds, and derivatives will be going through here” – CEO Jamie Dimon, JP Morgan

He further added that the new premises consist of six trading floors and will see between $300B – $400B in trading volume every day.


JPMorgan Chase & Co (JPM) is a global financial service leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset management, and commercial banking. To learn more about JPMorgan Chase & Co. (JPM) and to continue to track its progress please visit the Vista Partners JPMorgan Chase & Co. Coverage Page.


Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Brexit: JP Morgan inaugurates European HQ in Paris in Yahoo Finance)


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