JP Morgan to launch operations centre in Warsaw

US bank JPMorgan Chase has released plans to open its next global operations centre in Warsaw, Poland. The venture will employ many thousands people, which will be a huge boost to the economy in the coming years, the Polish Deputy Prime Minister stated.

The main areas of work will be in the banking sector; requiring such professionals for data & risk management, credit risk management and supply chain management. There were several other contenders such as Budapest and Riga, however ultimately the Polish town was favoured.

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