JP Morgan Treasury Services has launched an escrow service in
Europe to reduce the level of counter party risk in M&A
transactions.
The service will go live in France, the 16th
country for JP Morgan’s treasury division to implement the
service.
Go deeper with GlobalData
Severin Brizay, head of JP Morgan’s M&A business in France
said:
“Cash and short term investments held by large global and
European companies are at their highest level in ten years and
there is enough liquidity to support investment banking
transactions. However, recent market uncertainty has cast the
spotlight on how companies can close critical transactions quickly,
accurately and securely.”
The escrow service helps clients protect designated assets and
mitigate risk during transactions.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
