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JP Morgan 23 Wall Team Supports 700 Families with $4.5 Trillion Private Capital Including Providing Direct Access to Corporate & Investment Bank, Private Bank Opened 40,000 New Accounts in Last 10 Weeks & Added Around 365 Clients with More than $100 Million Each in 2022

2nd June 2023 | Hong Kong

JP Morgan 23 Wall Team is currently supporting around 700 families with $4.5 trillion private capital including providing direct access to JP Morgan Corporate and Investment Bank, with JP Morgan Private Bank reported opening 40,000 new accounts in the last 10 weeks and added around 365 clients with more than $100 million each in 2022 (1 account a day).  23 Wall is the name of JP Morgan New York headquarters opened at 23 Wall Street in Lower Manhattan in 1871.  23 Wall idea came from a conversation in 2019 between Jamie Dimon (CEO), Mary Erdoes (CEO Asset & Wealth Management) and Andy Cohen (Executive Chairman of JP Morgan Global Wealth Management, Head of 23 Wall).  Natacha Minniti is the Head of 23 Wall for EMEA (Europe, the Middle East & Africa), APAC (Asia-Pacific) and LATAM (Latin America).  Earlier in 2023, JP Morgan Private Bank released the Global Billionaires Study 2023, with key insights into 77 billionaire family principals with $4.86 billion average net worth totalling $374 billion.  View report here

“ JP Morgan 23 Wall Team Supports 700 Families with $4.5 Trillion Private Capital Including Providing Direct Access to Corporate & Investment Bank, Private Bank Opened 40,000 New Accounts in Last 10 Weeks & Added Around 365 Clients with More than $100 Million Each in 2022 “

 



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JP Morgan 23 Wall Team Supports 700 Families with $4.5 Trillion Private Capital Including Providing Direct Access to Corporate & Investment Bank

JP Morgan Hong Kong

23 Wall is the name of JP Morgan New York headquarters opened at 23 Wall Street in Lower Manhattan in 1871.  23 Wall idea came from a conversation in 2019 between Jamie Dimon (CEO), Mary Erdoes (CEO Asset & Wealth Management) and Andy Cohen (Executive Chairman of JP Morgan Global Wealth Management, Head of 23 Wall).  Natacha Minniti is the Head of 23 Wall for EMEA (Europe, the Middle East & Africa), APAC (Asia-Pacific) and LATAM (Latin America). 

 

About 23 Wall

J.P. Morgan’s 23 Wall is a specialized global team that provides select families with access to the firm’s intellectual capital, balance sheet and deal flow. The team engages with more than 700 families, representing over US$4.5 trillion in private capital, offering direct access to the Corporate & Investment Bank. The name is rooted in our rich history and dates to 1871, when our firm’s New York headquarters opened at 23 Wall Street in Lower Manhattan. It also reflects our commitment. to working with families today as we did originally—holistically across all lines of business across the globe. Our goal is to deliver the entirety of J.P. Morgan to the world’s largest families, treating them as institutions in terms of capabilities, strategic partnerships, financing and access to private deals. 

About JP Morgan Private Bank

J.P. Morgan Private Bank provides customized financial advice to help wealthy clients and their families achieve their goals through an elevated experience. Clients of the Private Bank work with dedicated teams of specialists that bring their investments and financial assets together into one comprehensive strategy, leveraging the global resources of J.P. Morgan across planning, investing, lending, banking, philanthropy, family office management, fiduciary services, special advisory services and more. The Private Bank oversees more than $1.8 trillion in client assets globally. More information about J.P. Morgan Private Bank is available at privatebank.jpmorgan.com




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