“The Senior Country Officer role at J.P. Morgan is crucial to setting the tone for our daily operations in each location. Each of these appointments will help to energize our staff and strengthen our local governance,” said Emilio Saracho, deputy CEO of EMEA for J.P. Morgan.

Across Germany, Austria and Switzerland, J.P. Morgan has operations in Asset Management, Commercial Banking, Investment Banking, Private Banking, Markets and Treasury Services. The firm, which has offices in Frankfurt, Geneva, Vienna (Asset Management) and Zurich, holds leading positions across the entire region in each business line, and it has been in the region since 1928 when Chase National Bank opened a representative office in Berlin. In 1960, the firm obtained an unrestricted license to offer all the banking services of a universal bank throughout the Federal Republic of Germany. It opened its first representative office in Geneva in 1964.

All moves are subject to standard local regulatory approvals.

# # #

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Copyright Business Wire 2010

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