JPMorgan Announces Growth Plan in Miami, Aiming to Capitalize on South Florida’s Wealth

The "Wall Street" of the South

Date:

Autor: Funds Society, Miami

Miami has become a strategic point for investors from the United States and various parts of the world, to the extent that it has been dubbed the "Wall Street of the South."

The largest banking institution in the United States, with financial assets around $2.4 trillion, daily operations of nearly $10 trillion in over 120 currencies and more than 160 countries, and safeguarding more than $32 trillion in assets, according to the letter sent last April by JPMorgan CEO Jamie Dimon, announced that it will increase its presence in Miami and South Florida

According to a company statement, the office currently has over 500 employees across all JPMorgan Chase business lines and functions. This new two-year project will also renovate and expand the firm's Miami Client Center to create a world-class meeting and function space for hosting client and employee events