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JPMORGAN BOOSTS INVESTMENT IN BOURNEMOUTH TECHNOLOGY CENTRE

     (The following press release from JPMorgan was received by e-mail. The  sender verified the statement.)  J.P. MORGAN BOOSTS INVESTMENT IN BOURNEMOUTH TECHNOLOGY & OPERATIONS CENTRE  Bournemouth, United Kingdom, May 1, 2014– J.P. Morgan announced today that the  firm will invest $48 million (£28.6 million) to enhance its Bournemouth  Technology & Operations Centre, the firm’s operational hub in Europe employing  more than 4,000 people.  The investment will transform the infrastructure in the Bournemouth Centre,  creating a more vibrant and collaborative workspace.  Employees will have  access  to more state-of-the-art communications technology and office  equipment, enabling better interaction with their colleagues in Europe, the  United States and Asia.  The building’s onsite restaurant and common spaces  will be revitalised, and facilities will be  upgraded for employees who cycle  to work. The infrastructure projects will be completed throughout the next  three years.    “Bournemouth offers access to high quality talent and to facilities that can  support our business, not just in London, but around the world,” said Jamie   Dimon, Chairman and CEO of JPMorgan Chase.  “We are proud to be an active  member of the Bournemouth community and to be the largest private sector  employer in Dorset.”  J.P. Morgan has had offices in Bournemouth for 28 years, supporting client  activities in 40 countries around the globe.  The new funding builds on the  firm’s  previous $18 million (£10.7 million) investment completed in 2011 to  upgrade infrastructure at the site. “Our employees in Bournemouth are an integral part of the global operations of  our firm, and our commitment to continually investing in  their work is  unquestionable,” said Simon Cooper, J.P. Morgan Chief Administrative Office  Bournemouth Site Leader.  “This commitment is something that those of us who  live and work here see every day.” J.P. Morgan has a strong history of community engagement in Bournemouth.  The  firm’s “Supporting our Community” programme provides assistance to 130 local   voluntary organisations, charities and schools. Recent strategic philanthropic  investments include a £1.1 million investment in education through the “Achieve  Together” project, support for economic growth through the “YTKO Get Set for  Growth” programme and  the creation of opportunities for young people through  the Catch 22 Office Apprenticeship Service.   About  J.P. Morgan’s Corporate & Investment Bank  J.P. Morgan’s Corporate & Investment Bank is a global leader across banking,  markets and investor services. The world’s most important corporations,  governments and  institutions entrust us with their business in more than 100  countries. With $21.1 trillion of assets under custody and $412 billion in  deposits, the Corporate & Investment Bank provides strategic advice, raises  capital, manages risk and extends liquidity  in markets around the world.   Further information about J.P. Morgan is available at www.jpmorgan.com.     
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