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JPMorganChase in the Philippines: Upbeat on the Philippines and Committed to Local Business Operations

Manila, September 25, 2024 – Leading global financial services firm JPMorganChase reiterated its commitment to its Philippine clients and business operations. Jamie Dimon, Chairman and CEO, led a roundtable event in Manila with business leaders and directors of the US-Philippines Society, hosted by Co-Chair Jaime Augusto Zobel de Ayala. Key topics addressed included global trade and investments, technology and cybersecurity. JPMorganChase established a presence in the Philippines in 1961 and maintains a shared service center with over 20,000 employees providing strategic support to the bank’s global operations.

Co-Chair Jaime Augusto Zobel de Ayala, together with directors of the US-Philippines Society and members of the Filipino business community, welcomed Chairman Jamie Dimon at a luncheon roundtable, “A Conversation with Jaime Dimon.” Mr. Zobel shared his views on the importance of PH-U.S. private sector investment partnerships, along with an increase in strategic and economic engagements between the two countries. He cited the vital role played by the US-based global financial services company JPMorganChase in the Philippines.

Co-Chair Jaime Augusto Zobel de Ayala

“Over the past two years we have seen an accelerated pace of high-level official visits between Manila and Washington that has renewed investment promotion initiatives and people-to-people exchanges between the Philippines and the United States. The US-Philippines Society has actively participated in these engagements. It is through these engagements that the US-Philippines Society’s binational board engages with government, but more so with private sector leaders to reinforce bonds, promote business opportunities and strengthen cooperation. As partners, we look forward to continuous engagement with all of you.”

“JPMorganChase has been an invaluable partner in the Philippines. Its financial expertise, global resources and strategic insights have supported many Philippine businesses and stood the test of time. The bank represents a deep commitment to supporting the country’s long term economic growth and stability, working hand in hand with many esteemed Philippine institutions.”

“The US-Philippines Society and JPMorganChase represent the best of what can be achieved when organizations, each with a deep conviction to work together for mutual progress, come together.”

JPMorganChase Senior Country Officer (Philippines) Carlos G. Mendoza, US-Philippines Society Director

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $4.1 trillion in assets and $341 billion in stockholders’ equity as of June 30, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally.

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