More NewsJP Morgan Launches Treasury, Money Market and FX Ops in Saudi Arabia

JP Morgan Launches Treasury, Money Market and FX Ops in Saudi Arabia

JP Morgan has launched treasury, money market and foreign exchange (FX) operations in Saudi Arabia. In this first part of its expansion plans in the country, the bank will become a local market counterparty and support clients with local booking and processing from operations in Riyadh.

“Saudi Arabia is an important growth market where JP Morgan’s strength as a global bank and US dollar clearing agent enables us to add value at an important time for the Kingdom. Further, this expands our international banking capabilities to address the increasingly global nature of our clients and the need to service those clients’ cross-border needs,” said Abdulaziz Al Helaissi, senior country officer for JP Morgan in Saudi Arabia.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha