J.P. Morgan becomes a new member of the SSPA
The Swiss Structured Products Association welcomes J.P. Morgan as a new member and issuer. With the accession of another global player being present in Switzerland, the Association is further extending its base and currently has 18 issuers and a total of 39 members, ranging from the buy-side to markets and partners.
Zurich, 22 January 2019. J.P. Morgan is a global leader in financial services, offering solutions to the world’s most im-portant corporations, governments and institutions in more than 100 countries. J.P. Morgan has operated in Europe for nearly 200 years and has a local market presence across Europe, the Middle East and Africa, with a presence in Switzerland dating back to 1964, where a representative office was opened in Geneva, followed by an office in Zurich. Its leadership in the country ex-tends across its lines of business, including asset management, private banking, investment banking, investor services and treasury services.
Nick Mihic, Head of Switzerland Markets and Co-Head Equity Derivatives Germany/Austria at J.P. Morgan comments as follows: “The decision to join the Swiss Structured Product Association underscores our commitment to the Structured Products business. We look forward to an active exchange with the Association on product trends and innovation, market governance and investor protection.”
Active branch association with 39 members
The SSPA represents the interests of the main market participants who together cover over 95 per cent of the structured products market volume in Switzerland. SSPA President Georg von Wattenwyl: “We are very happy to have one of the leading global players joining our association and warmly welcome J.P. Morgan. We are looking forward to fruitful discussions thanks to its global expertise and its local market know-how in the structured products industry.”