J.P. Morgan’s Global Trade Business Wins 20 Key Industry Awards

J.P. Morgan’s Global Trade business has won 20 awards for leadership throughout the past 12 months. The industry publications honoring the firm are CFO World Magazine, FinanceAsia, Global Trade Review, The Asset, Trade & Forfaiting Review, Trade Finance and Treasury Management International.

Readers of Trade & Forfaiting Review named J.P. Morgan “Best Trade Bank in the World” for the second consecutive year and also bestowed three additional awards upon the firm, including “Most Innovative Trade Bank.” J.P. Morgan also won its second consecutive “Best Supply Chain Bank” Leaders in Trade award from Global Trade Review.

Additional honors – from FinanceAsia, Global Trade Review, The Asset, Trade & Forfaiting Review and Trade Finance – came in the form of 11 “Deal of the Year 2011” awards for transactions in sectors ranging from transportation and manufacturing to communications in countries that include India, Brazil, the United States, and Korea. J.P. Morgan’s structured receivables solution for Reliance Industries was recognized five times for providing the flexibility to purchase or sell a particular receivable in light of prevailing market conditions – a critical level of program adaptability and optimization for both parties.

“I couldn’t be more proud of the growing recognition that our business is receiving,” said Daniel Cotti, Global Trade Executive, J.P. Morgan Treasury Services. “These awards demonstrate our high degree of expertise in the industry, our expanding presence across the globe, and our dedication to delivering innovative solutions to our clients.”

Pravin Advani, Global Trade Executive, Asia, J.P. Morgan Treasury Services, added: “As Asia continues its remarkable growth story, regional and global enterprises are turning to J.P. Morgan in even greater numbers. Our 11 trade finance awards demonstrate that by combining our best-in-class global platform, deep local market expertise and our fortress balance sheet with an innovative suite of traditional and structured trade finance solutions, we are able to help our clients grow their business and achieve their strategic objectives.”

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