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JPMorgan builds new global unit to cater to ultra-wealthy
short by Aishwarya Awasthi / on Wednesday, 31 May, 2023
JPMorgan Chase built a new global unit to cater to the ultra-wealthy and their investment firms. The unit, 23 Wall, was created just before the COVID-19 pandemic and is led by JPMorgan's Andy Cohen. It now includes about three dozen people in the US, Asia and Europe. It focuses on about 700 families worth more than $4.5 trillion, Cohen said.
read more at Moneycontrol