JPMorgan new branch
JPMORGAN opened a new branch in Shenzhen yesterday, its eighth on the Chinese mainland, to provide corporate banking services for clients in the Pearl River Delta region. The new branch will provide yuan and foreign currency financial products and services, including cash management, trade finance, liquidity management, risk management and foreign exchange, the bank said in a statement yesterday. Headquartered in Beijing, the Chinese unit of JPMorgan also operates branches in Beijing, Shanghai, Tianjin, Guangzhou, Chengdu, Harbin and Suzhou.
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