JP Morgan Plans Moscow Unit, Offering Full Product Range
BANKS
MOSCOW--JP Morgan will open a new treasury operation in Moscow this September, pending receipt of an international banking licence and regulatory approval. The planned 50-strong operation will offer a full range of products and services, including FX, according to officials.
Jean Facon will be the general manager of the branch and Alexis Rodzianko will head the dealing room. Rodzianko, who was previously with UCB Bank in Moscow, has spent the past year developing JP Morgan's Russian trading
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