KUALA LUMPUR, JUNE 12, 2012 - J.P. Morgan Worldwide Securities Services has extended the regional rollout of it securities lending capabilities to Malaysia, making it the first international lender in the Malaysian market to offer a securities lending product.
J.P. Morgan will now be able to offer securities lending solutions to major prime brokers and clients with Malaysian assets, with asset managers and institutional investors benefiting from improved risk-adjusted returns on their securities portfolios containing Malaysian assets.
As lenders demand greater transparency and flexibility across their securities lending program, J.P. Morgan's customized solutions allow them to define their own structures to meet their risk/reward requirements with the firm's comprehensive indemnification program against borrower default allowing lenders to mitigate counterparty risk across their program.
Shaun Parkes, Chief Executive Officer, Asia ex-Japan & Australia, J.P. Morgan Worldwide Securities Services, said: "The future for securities lending in Asia Pacific continues to demonstrate significant potential. Malaysia represents an important part of our regional growth strategy, and is a key value-add for our institutional client base that is looking to diversify their investments and mitigate their risk."
J.P. Morgan is one of the region's leading providers of securities lending services, offering solutions in Australia, Hong Kong, Japan, New Zealand, Singapore, South Korea, Taiwan and Thailand. For further information on J.P. Morgan securities lending services, please visit www.jpmorgan.com/securitieslending.
About J.P. Morgan Worldwide Securities Services
J.P. Morgan Worldwide Securities Services (WSS) is a premier securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. A division of JPMorgan Chase Bank, N.A., WSS leverages the firm's global scale, leading technology and deep industry expertise to service investments around the world. It has $17.9 trillion in assets under custody and $7.3 trillion in funds under administration. For more information, go to www.jpmorgan.com/wss.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.3 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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.