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JP Morgan Chase Bank |
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JP Morgan Chase Bank |
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JP Morgan is a leader in
financial services, offering solutions to clients in more than 100 countries
with one of the most comprehensive global product platforms available. The
Bank have been helping its clients to do business and manage their wealth
for more than 200 years. The business has been built upon the core principle
of putting its clients' interests first. JP Morgan is a leader among
international investment banks in Canada. Local operations are linked to
the world's major financial hubs of New York, London and Hong Kong by a
global distribution network, providing in-depth, industry-specific expertise
and regional market acumen. This allows the Canada office to meet the
evolving needs of clients around the world.
JP Morgan Chase Bank's
global strength to meet clients' comprehensive needs including provides
large corporate, government and institutional clients with a full spectrum
of solutions to their strategic advisory, financing and risk management
needs.
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With a global network of
large number of intermediaries and counterparties, JP Morgan Chase Bank offer access to a wide range of
investment products and solutions. JP Morgan Chase Bank Canada committed to
develop and deliver the most innovative products, manage customer
experience, deliver quality service that contribute to brand strength,
develop a competitive advantage and enhance profitability, thus providing
value to the stakeholders of the bank. |
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JP Morgan Chase Bank
Category : Schedule II & III
SWIFT Code : CHASCATT
Address :
Suite 1800, South Tower
Royal Bank Tower, 200 Bay Street
Toronto, Ontario M5J 2J2
Canada
Telephone : +1 (416) 981-9200
Website : www.jpmorgan.com |
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Unlike the
Schedule I and
Schedule II banks,
as a Schedule III bank, JP Morgan Chase Bank
(Canada Branch) are NOT incorporated under the Bank Act and therefore
operate in Canada under other government-mandated restrictions.
Schedule III banks usually
operate within the country's largest cities
(being Toronto, Montreal, Calgary and Vancouver), under certain restrictions
mentioned in the Act. As of October 2010, there were 23 such banks in
Canada.
In Canada, the Office of the Superintendent of
Financial Institutions (OSFI) is responsible for administering a number of
federal statutes, including the Bank Act and the Trust and Loan Companies
Act, the statutes applicable to the regulation of banks and federal trust
and loan companies.
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